EMDC Program
EMDC and its partners provide expert guidance and consultation to address various operational and technical challenges. This support encompasses government contracting, climate resilience, workforce development, and more.
Upstart Maine Innovation Partners
In response to the economic challenges brought on by the pandemic, EMDC, in partnership with DECD, created the Economic Recovery Hub program for Eastern Maine and Penobscot. The program provides technical assistance, grants, and entrepreneurial training to new and emerging small businesses in six Maine counties through a network of 12 partnered organizations.
Resources
Grants
To alleviate financial burdens and fuel expansion, EMDC offers small business grants to eligible companies. These grants aim to remove financial barriers to allow businesses to achieve their goals.
Technical Assistance
EMDC and its partners provide expert guidance and consultation to address various operational and technical challenges. This support encompasses government contracting, climate resilience, workforce development, and more.
Entrepreneurial Training
In collaboration with our partners, this program provides comprehensive entrepreneurial training to equip small businesses with necessary resources to achieve long-term success. Training topics include business planning, marketing, financial management, and more.
Program Details
Program Goals
The Economic Recovery Hub program for Penobscot and Eastern Maine aims to assist small businesses that have faced economic adversity, such as accumulation of debt and inability to retain staff, through a combination of technical and financial support.
Eligibility Requirements
Businesses in qualifying counties that were founded on or after January 1, 2020 and have fewer than 250 employees are eligible to receive assistance, in the form of technical assistance, grants, and entrepreneurial training, under the Economic Recovery Hub program.
Learn More
To learn more about the program, and to apply for funding, please visit emdc.org or reach out to our dedicated team at thanes@emdc.org or jbolstridge@emdc.org.