Project Grant SBAHQ25Y0062

The Northern Me Dev Commission received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the Commission's efforts to prepare for and respond to the economic impacts of the coronavirus through June 30, 2023. As the designated Community Development Financial Institution (CDFI) serving Northern Maine, the Commission will use the grant funding to provide...

The Department of Commerce Economic Development Administration awarded a $2.5 million Project Grant to the Northern Maine Development Corporation on September 29, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). This supplemental funding will replenish NMDC's revolving loan fund to provide affordable capital to businesses in Caribou, Maine responding to impacts from the COVID-19 pandemic. An initial EDA CARES Act revolving loan fund grant of $3.34 million awarded in July 2020...

Federal Grant Award Summary The Rural Business Cooperative Services (RBCS), a division of the U.S. Department of Agriculture, awarded Northern Maine Development Commission, Inc. a $249,418 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) on September 18, 2025, with a completion date of September 18, 2027. The grant supports NMDC's delivery of comprehensive microenterprise development services to rural entrepreneurs in Northern Maine who lack access to conventional...

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $292,551 Project Grant on September 25, 2023 to the Northern Me Dev Commission (NMDC) under the Rural Microentrepreneur Assistance Program (CFDA 10.870). This grant will enable NMDC, a Community Development Financial Institution and non-profit community development corporation, to provide rural microentrepreneurs in Aroostook and Washington counties of Maine with access to affordable microloans, financial...

Eastern Maine Development Corporation was awarded a $367,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The two-year award, issued on June 15, 2021, will allow Eastern Maine Development to provide financing and technical assistance to businesses and communities in need as a result of the pandemic through September 30,...

The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $2,515,000 Project Grant under the Investments for Public Works and Economic Development Facilities (CFDA 11.300) program to the Town of Madawaska, Maine. The funding will support the redevelopment of Madawaska's downtown plaza, including expanding the local farmers market, renovating a vacant building into co-working office space, and upgrading transportation infrastructure. This project aims to revitalize the...

The Greater Portland Council of Governments (GPCOG) received a $840,000 project grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Development Support for Planning Organizations program (CFDA 11.302). The funding will support GPCOG's development and implementation of a Comprehensive Economic Development Strategy (CEDS) for Cumberland County, Maine through June 2025. The CEDS process brings together public and private sector stakeholders to...

The Economic Development Administration of the Department of Commerce awarded a $499,516 Project Grant to the University of Maine System on December 15, 2021 through the Economic Adjustment Assistance program (CFDA 11.307). The grant supports a coalition led by the University of Maine System to grow Maine's forest bioeconomy cluster and advance the state as a leader in bio-based materials and applications. The coalition aims to provide opportunities for rural, distressed communities in the...

The Midcoast Regional Redevelopment Authority received a $803,125 project grant award from the Department of Commerce Economic Development Administration on July 22, 2021. The funding will support installation of cooling and lighting control systems at the TechPlace Manufacturing Center in Brunswick, Maine. The project aims to provide year-round temperature and climate control for 30,000 square feet of manufacturing space and office areas through installation of cooling systems. Lighting...

The Department of Commerce Economic Development Administration (EDA) awarded a $1,610,612 Project Grant to the Maine Space Grant Consortium under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on July 27, 2022. The funding will support the development of workforce, business, and external engagement elements for the Maine Spaceport Complex Strategic Plan completed in February 2022. Specifically, the award will advance the plan's focus on site evaluation, initial design,...