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New Business Recovery Program

As part of Midcoast Council of Governments' Economic Recovery Implementation Hub, we will be administering a new economic development program: the New Business Recovery Grants and Technical Assistance Program. The funding for this program comes from Maine’s Department of Economic and Community Development has allocated $8 million to help the roughly14,000 businesses started or acquired in the State since the start of 2020. MCOG will be managing this program for the Midcoast region which includes all or parts of Sagadahoc, Lincoln, Knox, Cumberland, and Waldo counties.

Eligible entities:

Businesses or nonprofits that have a location in the MCOG region that:

Started or were acquired on or after January 1, 2020,

Have fewer than 250 employees

Are in good standing with the State of Maine.


One-time stabilization grants to new businesses that experienced pandemic-related disruptions or were not able to take advantage of previous pandemic-related recovery aid. Businesses that are experiencing ongoing disruptions are also eligible.


Grant Amount: up to $25,000

Application period: MCOG is accepting grant applications until June 21, 2024.

Technical Assistance & Training

Provides advising services to businesses and nonprofits to facilitate recovery and growth. Through a partnership between MCOG and Coastal Enterprises, Inc., this assistance will include advising services to newly formed businesses and nonprofits to access pandemic recovery and other economic development programs. In addition, advising will be provided to assist businesses and nonprofits owned and operated by racial, ethnic, and linguistic minorities. Finally, entrepreneurial training will provide business owners the skills to withstand the impacts of the pandemic and sustain their business models for the future.



✓ To be eligible businesses must have been started or acquired on or after January 1st, 2020; have fewer than 250 employees; be in good standing with the Maine Secretary of State Bureau of Corporations; be current on payroll and state and federal taxes; be not using funds to pay off debt; and be located in the MCOG Hub region.

✓ Please fill out the first few questions and more will appear if you are eligible for the grant.

✓ You will need to provide your Tax ID number.

✓ Since this is a federal grant, this application requires a Unique Identifier Number (UEI) OR a proof of pending status. To apply for a UEI, visit this link here and send a proof of pending status to For guidance on applying for a UEI, see this YouTube video produced by Maine Technology Institute.

MCOG has opened its second round of grant funding. We will be accepting grant applications until June 21, 2024.
Business Services

Our Business Services

Small Business Grants

Micro Loans

Gap Financing

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