Northern Maine Development CommissionNMDC Office in Caribou.

Welcome to Northern and Eastern Maine!

The Northern Maine Development Commission (NMDC) is a membership organization comprised of participating communities and counties in the Aroostook Washington Economic Development District.

NMDC provides federal and state services at the regional and local levels. NMDC also provides management and support for Aroostook County Tourism (ACT), Aroostook Municipal Association (AMA), and Aroostook Partnership.

Aroostook Washington
Economic Development District


Learn more about NMDC  

NMDC/Aroostook Partnership Electronic Newsletter Archive

Municipal Newsletter

Municipal Return on Investment

 
Reports & Studies more...

> GroWashington-Aroostook
GROWashington-Aroostook is a regional planning process focused on job creation, modern infrastructure, and healthy, affordable communities in the counties of Aroostook and Washington, here in northeastern Maine.
Click Here to visit the website.

> Measures of Growth In Focus - 2017
We find ourselves in precarious and uncertain economic times. Our financial system is in turmoil and this has sent ripples through the world economy.
Click Here to read document.

>US Jobs Supported by Agricultural Exports Grew in 2014
Click here to download the results.

>Aroostook County Transportation Survey 2015
Click here to download the results.

>#4 Plastic Recycling Feasibility Study
This feasibility study focuses on a number of issues relating to recycling #4 plastics, including the potential amount of product available in the region and the review of solid waste disposal and recycling rates for the various solid waste associations.  The intent of the study is to provide transfer station and landfill managers with necessary information to make an informed decision whether or not to recycle #4 plastics at their facilities.
Click here to download the study.

> Aroostook County Visitor Guide
The Aroostook County visitor guide is filled with lodging, dining, events, outdoor recreation and more.
Click Here to view a digital version.


> Sustainable Economy Initiative
The Sustainable Economy Initiative (SEI) has released Economic Resurgence in the Northern Forest—the first-ever, 4-state strategy for sustainable economic development in the Northern Forest.
Click Here to read document.

Click Here for a more complete listing of reports & studies.

Click on Image Below to Explore the St. John Valley Cultural Byway

 
What's New     Meetings/Events Calendar

Free Producer Business Skills Workshop
ISLAND FALLS — Registration is underway for a free business skills workshop for agriculture producers and would be producers this November in Island Falls.
Join Northern Maine Development Commission (NMDC) staff, representatives from the USDA Farm Service Agency (FSA) and others to better your business skills. This four-hour workshop, at the Island Falls Town Office Monday, Nov. 13 from 12:30 p.m. to 4:30 p.m., will explore record and book keeping, accounting processes, cash flow statements and more. Farm Credit of Maine will also discuss tax planning and preparation. FSA officials will also be on hand to explain federal programs designed to help producers.

Click here to register.


Floodplain Management Workshop
The Maine Floodplain Management Program and FEMA Region 1 are pleased to sponsor a full day training workshop for local code officials that will be comprised of basic floodplain management topics. Most code officials have responsibility for issuing permits, enforcing the ordinance, or both, so a good working knowledge of these topics is critical to your success.
The workshop is scheduled for Friday, Nov. 17 at 10 a.m. at Northern Maine Development Commission in Caribou.

Click here for more information.


NMDC Awarded Revolving Loan Fund Investment
CARIBOU — A $100,000 revolving loan fund is being established at Northern Maine Development Commission to assist small businesses in northern and eastern Maine.
United States Department of Agriculture Rural Development recently awarded $70,000 to the organization, to be matched with $30,000, to create a new pool of capital for entrepreneurs.
NMDC will also utilize its business development and counseling services to provide assistance to borrowers.
“As funding requests come in, applicants without a business plan or cashflow projections will be directed to Small Business Development Center Director Josh Nadeau for help with the completion of a business plan with cashflow projections,” said NMDC Executive Director Robert Clark. “Development of the business plan and cashflow projections typically only take a week or two weeks from the clients first meeting with the SBDC Director. Clients who already have the business plan and cashflow projections or who have them completed, will then meet with one of the loan officers who will use prudent lending practices to assist the borrowers with the rest of the application process and completion of a credit presentation.”
  The goal of the business finance division at NMDC is to create new jobs, retain existing jobs, and promote economic development for northern Maine. Staff members work with businesses, local banks, state and federal agencies, and other public and private funding sources to assist businesses with their financial needs.
NMDC currently operates 22 separate loan funds totaling approximately $12 million and administers nine separate loans funds for four communities totaling approximately $2.6 million. The repayment of the Rural Business Development Grant loans will be used as match for additional state and federal investments in NMDC’s loan pools.
In the past year, NMDC has provided loans totaling more than $1,684,000, resulting in 24 jobs created and 148 retained.     
For more information on loan options at NMDC, contact Julie Corey at 493-5767 or by email at jcorey@nmdc.org.




 

 
Oct. 26 Tax Increment Financing Workshop
9 a.m. to 11 a.m.
NMDC Boardroom Caribou. Fore more information, click here.
Nov. 13 Producer Business Skills Workshop
12:30 p.m. to 4:30 p.m.
Island Falls Town Office. For more information, click here.
   














Mobilize Northern Maine

Mobilize Northern Maine

Mobilize Northern Maine

Renewable Energy Final Report

Aroostook County leaders are behind a statewide initiative to provide planners with more detailed data and information about their regions in order to promote growth in Maine's 16 counties.


Featured Business
Clark's Variety
Inn of Acadia

A Houlton couple can now add business owners to their resumes after recently purchasing a Linneus convenience store. Clark’s Variety Inc., formerly known as Peg’s Place, is now owned by Daniel and Vanessa Clark.
Located on US Route 2A, this popular and well known convenience store is located at the Four Corners in Linneus, not far from the well-known Grammy’s Restaurant.
Daniel and Vanessa combined have more than two decades of experience managing various businesses in retail, service and the grocery industry.
Northern Maine Development Commission provided small business counseling to the couple prior to purchase and the NMDC Business Finance Division was essential in securing financing according to Clark.

NMDC Aroostook Partnership for Progress Aroostook County Tourism NBRC Aroostook Empowerment Zone Maine SBDC
Local Workforce Investment Board JOBS Momentum NMFC Brownfields DECD
USDA EPA PTAC Maine MEGA MEOCD

NMDC Extranet | NMDC Intranet
Northern Maine Development Commission - PO Box 779 - 11 West Presque Isle Road - Caribou, ME 04736
Phone: 207-498-8736 - FAX: 866-493-1388
Copyright 2017 - Equal Opportunity Lender/Agency