Maine Economic Recovery Grant Program
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. DECD also will host webinars on Friday, August 21 and Monday, August 24 and will and be posting FAQs soon. To learn about the program and register for a webinar please visit: https://www.maine.gov/decd/economic-recovery-grants.
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.