Areas Served: Hancock, Knox, Waldo, and Washington Counties The Maine Fisheries Revolving Loan Fund, sponsored by the U.S. Economic Development Administration, was funded to assist the Maine fishing industry. Its objective is to help maintain and develop a sustainable fishing industry and marine-related services. Assistance is available to owners and owners/operators of fishing vessels, fishery
Read MoreAreas Served: Lewiston Maine The City of Lewiston, Maine’s Facade Grant Program’s purpose is to provide financial assistance to improve the facades of privately owned, taxable, commercial buildings in the downtown area. Eligible Activity / Applicant Eligibility To be eligible for the Facade Grant program, prospective participants must be located in the designated area of
Read MoreAreas Served: City of Gardiner The purpose of the City of Gardiner, Maine business revolving loan fund is to provide incentive for: – Commercial and professional service business to locate and/or expand in Gardiner, creating new job opportunities for the un/under-employed. – Downtown property owners to rehabilitate their blighted buildings and make use of vacant
Read MoreAreas Served: Aroostook County Aroostook Partnership for Progress provides loans to Maine businesses via their municipality for up to $250,000, not to exceed 40% of a business’ development activities to be used for either fixed asset investments or working capital. The funding guideline is $10,000 per job created or retained. Contact InformationAroostook Partnership for ProgressAddress:
Read MoreAreas Served: Washington and Hancock County EDM loans help small businesses in Washington & Hancock County, Maine with funding of up to $50,000 for the purchase of equipment, supplies, inventory, leasehold improvements, and working capital. Interest rate – minimum 8.0% Flexible repayment terms 2% origination fee due at closing Requirements: The business must have 10
Read More