Funds Available Now for Businesses

Following a meeting with Finance Authority of Maine (FAME), Heart of BIddeford wanted to make sure Biddeford business owners knew about two sources of funds that are going to be made available very soon. Please see the powerpoint they provided or go directly to the FAME website.

• The Thrive Grant is ARPA funds, coming through the state, to help businesses that had a decrease in income during the pandemic, to pay for pandemic safety expenses, or to pay for increased costs incurred due to supply chain issues.

• The Grow Grant is an announcement about increased funding available ($62M) for future projects, including capital improvements and building purchases and more.

If you are like me and get daunted by paperwork, let Heart of Biddeford know and we can set up a meeting for a group of us to look through the application together, once it gets launched in September.