Governor Mills Launches $200 Million Economic Recovery Grant Program to Support Maine Small Businesses

“The program, backed by $200 million in Federal CARES Act Coronavirus Relief Funds (CRF), will provide financial relief for businesses and non-profit organizations that incurred business disruptions as a result of the COVID-19 pandemic. The grants are intended to help sustain the viability of Maine’s small businesses and nonprofits – not to replace lost profits – and will provide short-term relief to help stabilize Maine’s economy while still focusing on the state’s long-term goals described in the state’s 10-year strategic economic development plan. The program draws on a recommendation from the Governor’s Economic Recovery Committee.