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Find similar grantsCDBG Micro-Enterprise Assistance Grant Program is sponsored by Androscoggin Valley Council of Governments (ME). This program provides grant funds to micro-enterprise businesses in non-entitlement areas within the region through a partnership with Maine's Small Business Development Centers.
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CDBG Micro-Enterprise Assistance Grant Program | Androscoggin Valley Council of Governments, ME Create a Website Account - Manage notification subscriptions, save form progress and more. CDBG Micro-Enterprise Assistance Grant Program CDBG Micro-Enterprise Assistance Grant Program The CDBG Micro-Enterprise Assistance Grant Program provides funding to address the needs of micro-businesses in non-entitlement areas* within the region.
The program is funded through the Maine Department of Economic & Community Development's Community Block Grant program. Special Threshold Criteria and Certifications: The MEA Program provides grant funds to micro-enterprise businesses through a partnership with Maine’s Small Business Development Centers and their partners.
Eligible Activities: Eligible activities include grants to for-profit businesses that can be used for working capital, purchase of inventory, supplies and equipment. Maine’s Small Business Development Centers will identify and pre-qualify those businesses who are eligible for the program. Potential participants will need to provide their previous years’ income tax return to verify eligibility.
Cannabis, non-emergency medical transportation, taxi, or personal transportation service-related businesses are not eligible.
Maximum Amount of Micro-Enterprise Assistance to an individual Business: $10,000 Project Benefit / Demonstration of National Objective: Existing businesses that have five or fewer employees, one of whom owns the enterprise, and whose household income is Low/Moderate as defined by HUD will meet the project benefit. Applicants will need to submit a copy of their previous year’s Personal Income Tax filing with their application.
Non-owner employees’ incomes are not considered in meeting project benefit. S election Process: All Micro-Enterprise businesses wishing to submit a MEA application must meet with their local Small Business Development Center advisor to determine eligibility . SBDC advisors will review and approve complete applications to be considered for funding.
*Micro Business owners who live in Lewiston or Auburn are encouraged to contact their respective city about their micro-enterprise programs. Limited funding is available for Lewiston and Auburn businesses. Government Websites by CivicPlus®
According to the current listing, eligibility includes: Existing businesses with five or fewer employees, one of whom owns the enterprise, and whose household income is Low/Moderate as defined by HUD. Confirm the full requirements in the official notice before applying.
CDBG Micro-Enterprise Assistance Grant Program is funded by Androscoggin Valley Council of Governments (ME). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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