Business Partnership Initiative (BPI)
General information
Opportunities are available for any Maine village or downtown on a state or state aid highway where a community has a vision for significant improvements to lower-speed areas that are or could become a community center inviting businesses and community facilities and are walkable and bicycle friendly. These projects and anticipated to cost $10 million or more and would likely be contingent on securing special federal allocations such as earmarks or grants. The BIL offers a unique set of opportunities for this program that were not viable in the past.
Funding details
Funding application timeline
Grant eligibility
Local municipality and one or more businesses
Eligibility is extended to projects on state and state aid highways that are related to business development and are sponsored by the local municipality and one or more businesses.