Maine Economic Recovery Grants

Maine Jobs & Recovery Plan

The Maine Jobs & Recovery Plan is Governor Mills' plan, approved by the Legislature, to invest nearly $1 billion in federal American Rescue Plan funds to improve the lives of Maine people and families, help businesses, create good-paying jobs, and build an economy poised for future prosperity. Home | Maine Recovery & Jobs Plan

FUNDING PROGRAMS

The Maine Department of Economic and Community Development is managing several economic recovery grant programs using Federal relief funding. As additional funds become available, they will be added to this page, so check back often.

Domestic Trade Pilot Program

The pilot program helps Maine businesses sell more products within the United States. https://www.maine.gov/decd/domestic-trade.

Grow Maine: State Small Business Credit Initiative

Grow Maine, administered by FAME in conjunction with various statewide lending partners, will provide up to $62 million of State Small Business Credit Initiative (SSBCI) funding to eligible Maine businesses. Eligible businesses include for-profit and nonprofit companies with fewer than 500 employees. Funding will be available through FAME and its intermediary partners via loan guarantees, direct loans, and equity capital. Loans up to $5 million will be available (not to exceed $20 million per project) and interest rates will be set by the participating lending institution. Grow Maine is intended to provide broad access to capital to help Maine businesses grow and provide jobs for Maine people that will have long-term positive effects on Maine’s economy.

For more information, visit the program website: FAME Grow Maine.

FUNDS FOR MAINE TOWNS AND CITIES

The State of Maine has a fiscal recovery program to distribute $119.2 million in Federal funding from the American Rescue Plan Act of 2021 (ARPA) to local governments across Maine. The Local Fiscal Recovery Program is a State pathway to infuse Federal funds into Maine towns and cities to support a variety of their economic recovery priorities, such as addressing the economic or public health impacts of the COVID-19 pandemic, replacing lost public sector revenue, or investing in water, sewer, and broadband infrastructure. To access the grant portal, use this link:

https://www.maine.gov/dafs/arpa/neuportal

GRANTS FROM OTHER STATE AGENCIES

Department of Environmental Protection

Coastal Sand Dune Restoration and Protection Grants
https://www.maine.gov/dafs/bbm/procurementservices/vendors/grants

Governor's Energy Office

The Maine Community Energy Redevelopment Program (MECERP), led by the Maine Governor's Energy Office (GEO) and the Maine Department of Economic and Community Development (DECD) is designed to foster economic development across Maine by providing high-quality technical assistance to projects that unlock community energy assets for economic development. Maine Community Energy Redevelopment Program | Governor's Energy Office

FEDERAL GRANTS