downtown portland corporation
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Agenda |
| Board Members | |
| Current Backup Material | |
| Loan Application | |
| Loan Programs | |
| Meeting Schedule | |
The Downtown Portland Corporation (DPC), staffed by the Economic Development Division, provides a continuum of financial assistance to business and industry throughout the City and works to institute economic development programs in Portland, with particular emphasis on the Downtown area, to insure compliance to City’s goals, objectives and requirements.
Formed by the City in 1991, the DPC’s loan programs have provide more than 100 Portland businesses with over $5.5 million in financial assistance. Add in the Tax Increment Financing incentive program, and the DPC has stimulated over $121 million in new investment and created or retained more than 5,300 jobs for Portland. In the loan portfolio, every one dollar of City funds invested leveraged nearly $9.50 in private capital.
In order to qualify as a board member some or all of the following experience is required: commercial financing, small business operations, commercial real estate, marketing, and have an interest in or be active in economic development. Residency in Portland is not required.
Board Members
Mark Jennings, President
Diane Edwards
Peter Eiermann
Donna Katsiaficas
Stephen Lovejoy
Andrew Nelson
Rebecca Salman
Sam Spencer
Robert Witkowski
Mayor Edward Suslovic (Appointed by Council as Corporators of DPC)
Meeting Schedule
Meetings are held the 3rd Thursday of every month
Room 209, Portland City Hall
4:00 – 6:00 pm
Contact Us
For further information on the DPC loan programs, to download a loan application or to learn about the comprehensive business assistance and advocacy programs offered to help streamline doing business in the City check our website.
Or visit the
Economic Development Office
Room 308, Portland City Hall
(207) 874-8683.
1 (800) 874-8144
email: edc@portlandmaine.gov