The State of Maine plans to use CARES Act relief funding to help our economy recover from the impacts of the global pandemic by supporting Maine-based businesses and non-profit organizations through an Economic Recovery Grant Program. Up to $200 million in federal funds has been made available statewide to provide relief from COVID-19 related losses by qualifying small businesses and non-profits with 50 or fewer employees (501(c)(4) and (c)(6) non-profits, as well as certain others.
The Maine Department of Economic Development (DECD) also has set up a hotline for employers to call with questions. That number is 1-800-872-3838 (option 3). Questions also may be emailed to BizAwards.DECD@maine.gov.
The grant application period opens August 21st and closes September 9th. Awards will be based on demonstrated need and NOT awarded first-come, first-served. The maximum grant awarded to a business or non-profit organization will be $100,000.