KVCOG provides financing assistance for start-ups, expansions and modernizations throughout the region. Funding for the agency’s lending, grant and technical assistance programs are secured through a mix of State and federal loan and grant programs and strategic partnerships. KVCOG offers direct loan programs through our Revolving Loan Funds (RLF). An RLF lends funds to those in need and uses principal and interest payments to finance new loans.
In addition to our direct loan programs, KVCOG can also provide assistance to businesses in accessing other local and State sources of financing.
The CARES Act was passed in 2020 to reduce the economic impact of the COVID-19 pandemic. As a result of this measure, KVCOG has received an award of $670,000 through the U.S. Economic Development Administration (U.S. EDA) to encourage lending through a new RLF Fund. These funds come with very favorable terms, not typical of our regular RLF loans.
These loans are intended to help start-up businesses as well as existing small to mid-sized businesses with growth, expansion, investment in equipment and facilities, or opportunities to pivot during the COVID-19 pandemic. If your business is in Kennebec, Somerset, or western Waldo county, KVCOG can help you navigate this program and identify other important resources.
These funds are geared towards building your businesses resilience or adaptability following the COVID-19 pandemic. Examples include, but are not limited to:
To get started with your loan, please fill out the New CARES Act RLF Application.
If you are in need of creating, or updating your business plan, please view our Business Plan Outline.
If you need more information or assistance with any aspect of the application, please contact KVCOG's Community Resilience Coordinators, Robyn Stanicki and William Harper, at or (207) 453-4258.
Download the New CARES Act RLF Flyer or Tri-Fold Brochure.
View our recent information session on the New CARES Act Revolving Loan Fund:
Eligible uses include: real estate acquisition, building improvements, furniture and fixtures, equipment, inventory, supplies, working capital and/or refinancing debt.
To get started with your loan, please fill out the KVCOG Application for Financing.
If you are in need of creating, or updating your business plan, please view our Business Plan Outline.
If you need more information, or assistance with any aspect of the application, please contact the KVCOG offices, at or (207) 453-4258.