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Funding Sources

Paycheck Protection Program (PPP) Re-Opening

KVCOG's New CARES Act Revolving Loan Fund

  • These loans are intended to help start-up businesses as well as existing small to mid-sized businesses with growth, expansion, investment in equipment of facilities, or other opportunities to pivot during the COVID-19 pandemic.
  • These loans are for businesses in Kennebec, Somerset, and western Waldo counties in Maine. 
  • Favorable terms and interest rates as low as 0%, on a case-by-case basis. 

Rural Relief Small Business Grants

  • As part of our continuing commitment to elevate our impact in rural America, LISC is inviting small business owners in rural locations across the country to apply for the LISC-Lowe's Rural Relief Small Business Grants program. Only small businesses located in rural communities are eligible at this time. Rural communities are defined as having a population of 50,000 or less. A community is defined as the city/town/village where your business address is located. All potential applicants are encouraged to review our FAQ and grant information before applying.

    The next grant application period will open on Tuesday, December 29th.

Micro-Enterprise Grant Program

  • 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).

Maine DECD

Small Business Relief: A Guide to Funding Options and Resources during the COVID-19 Crisis

  • A listing of national and state funding resources.

Facebook Grants

SBA Resources

  • Economic Injury Disaster Loan: The U.S. SBA is offering low-interest federal disaster loans for working capital to small businesses impacted by the COVID-19.
  • SBDC Advisors can assist you with the SBA Loan process.

Finance Authority of Maine (FAME) Resources

CEI Microloan Program

  • CEI offers fast track microloans for existing and start-up businesses. Decisions will typically be made within three business days.

Maine Resource Compass

Main Street America COVID-19 Resources

  • Maine Street’s resource page lists national funding sources with a mix of grants and loans.

Institute for Local Self-Reliance Resources

  • ILSR’s resource page lists grant and loan programs that can help small businesses through the pandemic.

 

Other Resources

The Governor’s Office

  • Restarting Maine’s Economy Plan Starting on May 1, 2020, the Restarting Maine’s Economy plan established four gradual and flexible stages of reopening, which were designed in concert with public health experts and with input from industry representatives. This approach, which was adjusted when public health circumstances necessitated it, allowed Maine businesses to safely stay open or reopen by following reasonable, practical guidelines to ensure the safety of employees and customers. The plan’s fourth and final planned stage begins Oct. 13, 2020, with timeframes identified for all Maine businesses to open and operate with appropriate safety modifications as outlined by the COVID-19 Prevention Checklistsfrom the Maine Department of Economic and Community Development.
  • The Keep Maine Healthy plan is designed to be a multilayered approach that aims to protect Maine people, protect visitors, and support Maine small businesses by reducing, to the greatest extent possible, COVID-19 risks associated with travel.

Maine Centers for Disease Control and Prevention (Maine CDC)

U.S. Centers for Disease Control and Prevention

Maine Department of Economic and Community Development (DECD)

PPE Resources

  • KVCOG can provide cloth reusable face coverings, made in Maine, at cost; $5 per mask plus shipping. Contact for more information.
  • The Maine MEP is actively working with Maine manufacturing companies to make PPE.

Retail Association of Maine

Hospitality Maine

Tourism Resources

Maine Association of Nonprofits (MANP)

Senator Collin’s COVID-19 Resource Guide

Congressman Golden’s COVID-19 Resource Guides

Community Resources

Pay It Forward Maine

  • A statewide effort encouraging individuals, businesses, and organizations to continue supporting local businesses.

Stay Home Maine

Maine Ready

  • Connecting community services to interested volunteers.

COVID-19 Federal Rural Resource Guide

  • USDA and its Federal partners have programs that can be used to provide immediate and long-term assistance to rural communities affected by the COVID-19 outbreak. These programs can support recovery efforts for rural residents, businesses and communities through technical, training, and management assistance; financial assistance; and state and local assistance.

Maine Department of Labor

NAMI Maine

Previous Funding Opportunities

Maine Tourism, Hospitality & Retail Recovery Grant Program

Maine Health Care Financial Relief Program

Agriculture and Food Processing Infrastructure Reimbursement Program

Maine Tourism Relief Fund

US Department of the Treasury Paycheck Protection Program

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Contact Us

(207) 453-4258
(207) 453-4264 Fax
17 Main Street
Fairfield, Maine 04937

Hours

Monday – Thursday:
8:00 am-4:30 pm

At this time, visitors are encouraged to make appointments ahead of time.

Friday: By Appointment Only

 

Prorated hours ensure cleaning staff have the appropriate time to property clean our offices, including all high-traffic areas, in light of COVID-19.