Updated 1/21/21 – 4:03 PM EST
Micro-Enterprise Grant Program (5 or fewer employees)
Applications are currently being accepted on a first come, first serve basis.
The Maine Department of Economic & Community Development (DECD) in partnership with the Maine Small Business Development Centers (SBDC) will provide grants of up to $5,000 for businesses with five or fewer employees, with an owner whose income is in the low to moderate range as defined by the Department of Housing and Urban Development (HUD).
Grant Size: Grants up to $5,000 available to small businesses affected by COVID-19
Program Sponsor/Distributor(s): Androscoggin Valley Council of Governments (AVCOG), Coastal Enterprises, Inc. (CEI), Northern Maine Development Commission (NMDC), and Southern Maine Planning & Development Commission (SMPDC).
Eligible Grantees: For-profit businesses
Business Size: Five or fewer employees, including the owner(s).
Use of Funds: Businesses may use the grant money for working capital which includes fixed debts, payroll, accounts payable, and other bills that can’t be paid as a result of COVID-19.
Eligibility criteria includes:
- Must be a Maine business. Owner(s) must reside in Maine.
- Must demonstrate a revenue loss as a direct consequence of COVID-19. Funds cannot duplicate those received from other federal, state or local programs (including other CDBG funds).
- Must have five or fewer employees including the owner(s).
- Must have a DUNS Number, which can be obtained
- Owner’s household income must be low/moderate as defined by HUD as verified by 2019 tax return. Please see income eligibility by county. Total annual household income must not exceed these limits.
- One grant per household, regardless of the number of businesses owned by the household.
Submit your grant application using the link below. After you submit, you will receive an email to schedule a virtual meeting with a business advisor. Your advisor will also have you register with the Maine SBDC (separate intake form than the grant application). These grant funds are available on a first-come, first-serve basis.
Attachments to submit after your advising session:
- Owner(s) Federal personal and business tax returns
- Monthly revenue for 2019 and 2020 (to demonstrate a loss due to Covid)
- Household income-taxes may be sufficient, but if you have household members who are not on your tax return, we will need their AGI as well.
SBDC will provide appropriate auxiliary aids to persons with disabilities and translations to persons with Limited-English Proficiency where necessary to afford such persons an equal opportunity to apply. If you need such aid please contact firstname.lastname@example.org or 1-800-679-7232.
Agriculture and Food Processing Infrastructure Reimbursement Program & Farmer E-Commerce Reimbursement Program
If you applied for an Agriculture and Food Processing Infrastructure Reimbursement Program or Farmer E-Commerce Reimbursement Program via CEI, please note the following
- Applicants will be notified of decisions by 12/30/20
- A W-9 must be submitted to CEI to release payment. W-9s must be submitted by 1/15/21, but sooner is encouraged.
- Grant payments will be distributed by the end of February 2021
Most up to date information: https://www.maine.gov/decd/economic-recovery-grants