City of Saco Small Business Grant Program
This program provides matching funds to small businesses in Saco, Maine, with 50 or fewer employees to help cover non-operational expenses.
City of Saco Small Business Grant Program in Maine provides matching funds for non-operational expenses to small businesses with 50 or fewer employees within the city. Administered by the Economic Development Department, the program aims to support as many eligible projects as possible based on available funds. The grant is offered continuously depending on funding availability, and the award amount is determined by available resources, number of qualified applicants, and other evaluation criteria.
Award Range
Not specified - $15,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
A Small Business Grant application must pertain to a commercial use with 50 or less employees within the City of Saco. The grant applicant may be the property owner or the tenant, but tenants must have the property owner’s signed approval of the proposed building improvement. Qualifying and non-qualifying grant projects are listed below: Qualifying projects Physical improvements and renovations including leaseholder improvements and rehabilitation activities both interior and/or exterior treatments including business signage, awnings, etc. Fixtures, furniture, and equipment related to the business. Working capital including relocation expenses. Machinery and equipment. Related professional services including architectural, engineering, marketing, impact and permitting fees, and other fees and costs. Non-qualifying projects Real Estate acquisitions. Refinancing of existing debt. Sweat equity – payment for the applicant’s own labor For more information, visit Small Business Grant Program.
Geographic Eligibility
City of Saco
Application Opens
Not specified
Application Closes
Not specified
Grantor
City of Saco
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