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You are here: Home / Grant Duration>Grant Duration Not Mentioned / Economic Recovery Hub Grant Program (Maine)

Economic Recovery Hub Grant Program (Maine)

Dated: February 20, 2024

As part of a recent statewide effort, Androscoggin Valley Council of Governments (AVCOG) is partnering with the Department of Economic and Community Development Office to launch the Recovery Hub Grant Program for Androscoggin, Oxford, and Franklin counties.

Donor Name: Androscoggin Valley Council of Governments

State: Maine

County: Androscoggin County (ME), Franklin County (ME), Oxford County (ME)

Type of Grant: Grant

Deadline:  03/29/2024

Size of the Grant: $10,000 to $100,000

Grant Duration: Grant Duration Not Mentioned

Details:

The goal of the Recovery Hub Grant program is to provide financial assistance to small businesses that were impacted by the COVID-19 pandemic but received little or no government assistance up to this point.

Funding Information

Eligible applicants may be awarded from $2,500 up to $20,000.

Eligible Program Uses

Eligible expenditures will vary to a degree based on the restrictions of individual business cases and contracts. That said, there are some general guidelines that can be followed. Below is a non-exhaustive list of qualified expenditures.

  • Commercial Rent
  • Utilities
  • Inventory
  • Equipment
  • Insurance
  • Payroll
  • Other Working Capital Needs

Eligibility Criteria

Please review the basic eligibility criteria before completing this intake form.  Not meeting any one of the criteria disqualifies a business from being eligible.

  • Your business must be in Androscoggin, Franklin or Oxford County (Not including Brownfield, Denmark, Fryeburg, Hiram, Porter, Lovell, Stoneham, Stow, or Sweden.)
  • Your business must have begun after January 1, 2020, and before May 11, 2023.
  • Your business experienced a loss or increased expenses due to the COVID-19 Pandemic.
  • Your business has 50 or less employees.
  • You are able to demonstrate negative impacts due to the COVID-19 Pandemic.
  • Your business has not previously received substantial COVID-19 assistance relief funds.

For more information, visit AVCOG.

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