**NEW** $500,000 Awarded to NMDC to Assist Rural Businesses
A half of million dollars in funding is coming to Northern Maine for loans and grants to support rural business activities that will boost economic growth in rural communities.
Northern Maine Development Commission (NMDC) is one of two economic development agencies in Maine to receive U.S. Department of Agriculture Rural Microenterprise Assistance Program (RMAP) funding.
Under RMAP, USDA provides loans to Microenterprise Development Organizations (MDOs) that, in turn, make microloans for business startup or development to eligible microentrepreneurs defined as very small businesses with 10 or fewer employees. Grants are available for MDOs to provide technical assistance and training, particularly in rural areas experiencing persistent poverty or significant outmigration. USDA does not directly provide funds to the ultimate recipients.
The $500,000 to NMDC, administered by the Business Finance Division, will impact businesses in Aroostook and Washington counties, and the Penobscot County towns of Mount Chase, Patten, Stacyville and three unorganized townships, and 19 unorganized townships in Piscataquis County. The plan is for funds to assist 18 businesses and create 45 jobs.
To learn more about the RMAP funds and other sources of capital, NMDC and the Maine Small Business Development Centers are hosting an accessing capital workshop Thursday, Oct. 16, from 9 a.m. to 11:30 a.m. at the NMDC boardroom in Caribou.
For more information or to RSVP, contact Mary Dahlgren at 498-8736 or by email at firstname.lastname@example.org.
NMDC Receives Funding for Solid Waste Mgmt Sept.
NMDC is pleased to announce it has received funding from the United States Department of Agriculture-Rural Development (USDA-RD) Solid Waste Management Grants Program. The objectives of this grant program are to reduce or eliminate pollution of water sources in rural areas and improve planning and management of solid waste facilities and sites located in rural areas. The funding provided will be used to foster a broader understanding among community members, students, and solid waste professionals on waste management programs, waste reduction and recycling strategies, and state and federal regulations or laws relating to waste management.
Click Here to view complete Scope of Work.
NMDC to Receive $275,000 to Advance Manufacturing in the Region
U.S. Secretary of Commerce Penny Pritzker announced Wednesday that the NMDC will receive $200,000, supplemented by a second award of $75,000 from USDA Rural Development to help the Biomass Clean Tech Manufacturing Cluster Strategic Plan create a manufacturing facility for biomass heating appliances in northern Maine. Click here for full story.
Ameridial Settles into Fort Kent Facility
A Northern Maine Finance Corporation (NMFC) owned building in Fort Kent, which has sat empty for more than two years, is once again a place of business now that Ameridial has signed a three-year lease to operate a call center at the facility.
Click here for more info.
Aroostook Selected as a Great Region
USDA Rural Development has selected Aroostook, Piscatiquis and Washington counties to be a Great Region based
on each county's strengths and potential for growth.
Click Here to read full story.
Aroostook County Tourism Network Created
In an effort to increase communications and strengthen collaborative efforts in Aroostook, an ACT Network is being established that will provide the opportunity for people within the tourism industry to share information and be regularly informed of tourism promotional efforts of Aroostook County Tourism (ACT), the Maine Office of Tourism and other organizations performing tourism related efforts.
Click Here to register
||9 a.m. to noon
Marketing and Online Tourism Tools workshop
at NMDC boardroom in Caribou.iClick here to register.
||9 a.m. to 11:30 a.m.
Access to Capital workshop
at NMDC boardroom in Caribou. For more information or to RSVP, contact Mary Dahlgren at 498-8736 or by email at email@example.com.
||8 a.m. to 9:30 a.m.
Intro to Government Contracting workshop
at Gateway Motel, Madawaska. For more information, contact Dana Delano at 521-5840 or by email at firstname.lastname@example.org.
Click here to register.