News Flash

Permitting & Inspections

Posted on: March 21, 2022

City Launches New Microenterprise Grant Program

Newsflash 2022

The City of Portland is excited to announce the launch of a new Microenterprise grant program aimed at supporting businesses, existing and new, that have been or continue to be impacted by the pandemic.  American Rescue Plan Act (ARPA) funds are making this program possible.

The grant program is open to both nonprofits and for-profit businesses in Portland. To be eligible, the business must have seven or fewer employees (including the owner), and the business owner(s) must be low/moderate income (see table). The grant will provide up to $7,500 to be used for rent, payroll, equipment, insurance, inventory, and other working capital needs.  

Businesses that have never received a Microenterprise Grant from the City, can apply for up to $7,500 if they operate from commercial space that costs at least $500/month. Home-based businesses or those that operate from commercial space that costs less than $500/month can apply for up to $3,500.

In addition, businesses that have already received Microenterprise or Rapid Response grants from the City may now apply for additional funds. If the business previously received $5,000 it can apply for an additional $2,500 bringing the sum of all City grants to $7,500. If the businesses previously received $2,500, it can apply for an additional $1,000 of grant funds bringing the sum of all City grants to $3,500.

Find the application and learn more:
https://www.portlandmaine.gov/2749/Microenterprise-Grant-ARPA-Funded

Only complete applications will be considered for funding. Please direct questions to Nelle Hanig, Business Programs Manager, Housing and Economic Development Department, at nrh@portlandmaine.gov or call 207-756-8019.

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