Central Maine has a wealth of business assistance programs that can meet the needs of any business, whether that business is brand new, relocating here, or an existing company hoping to expand and/or improve its operations. Below are just a few of the high profile programs that will assist in your business success. For more information on these and other programs, please contact our office at 207-680-7300.
The CDBG program provides grants and loans to communities to assist businesses with funding and technical support for community projects that meet economic development objectives and lead to job creation or retention for Maine residents with low to moderate incomes.
The PTDZ program offers eligible businesses the chance to greatly reduce or virtually eliminate state taxes for up to ten years.
Our goal is to:
Create quality jobs in targeted industries
Support new or expanding Maine businesses, and businesses relocating or establishing a Maine presence.
TIF provides municipalities with a local tool to finance the cost of private development. Maine municipalities may redirect some or all of the new property taxes from an investment project within a designated district to assist in that project’s financing. Municipalities have three disbursement options for the tax increment:
For more information, please inquire within.