Small Business Grants in Maine
Maine has strong programs for innovation, aquaculture, and rural business through the Maine Technology Institute, Finance Authority of Maine (FAME), and Coastal Enterprises Inc. (CEI).
⚠️ Programs open and close throughout the year. Verify current status directly with each agency before applying.
Maine Programs
Maine Technology Institute (MTI) Grants
Maine Technology Institute
Competitive grants and seed loans for Maine companies commercializing technology in targeted sectors: life sciences, composites, aquaculture, forestry, precision manufacturing, and IT.
Finance Authority of Maine (FAME) Programs
Finance Authority of Maine
Maine's primary business finance agency. Offers loan insurance, direct loans, and venture capital for Maine small businesses and entrepreneurs.
Coastal Enterprises Inc. (CEI) Business Lending
Coastal Enterprises Inc.
CDFI focused on rural Maine businesses, fishing, aquaculture, natural resources, and underserved entrepreneurs. Flexible lending combined with technical assistance.
Maine DECD Business Programs
Maine Dept. of Economic and Community Development
Economic development grants and technical assistance for Maine businesses, including the Maine Community Development Block Grant (CDBG) for job creation.
Efficiency Maine Business Programs
Efficiency Maine
Rebates and low-interest loans for Maine businesses reducing energy costs through equipment upgrades, LED lighting, HVAC, and compressed air systems.
Maine SBDC Advisory Services
Maine Small Business Development Centers
Free business advising, financial projections, and help navigating Maine and federal funding programs. Offices across the state.
Also Available: Federal Programs
Maine businesses are also eligible for these federal programs.
Other New England States
Know your payroll costs before you apply
Many grants require a payroll estimate. Run yours free for Maine.