$2.6M in federal funds awarded to EMDC to diversify region’s economy, retain and create jobs

EMDC to host virtual Information session for interested businesses, nonprofits and partners 10 a.m. on Thursday, Sept. 3 via Zoom 

Eastern Maine Development Corporation (EMDC) has been awarded $2.6 million in federal funding to leverage private investment and generate capital for businesses in Hancock, Knox, Penobscot, Piscataquis, Waldo and Washington counties. The funding is awarded by the U.S. Department of Commerce, Economic Development Administration’s Revolving Loan Fund, as part of the CARES Act Recovery Assistance to respond to the pandemic. 

EMDC is hosting a virtual information session at 10 a.m. on Thursday, Sept. 3via Zoom. To register, visit www.emdc.org/events. For more information on the Revolving Loan Fund program, contact Thomas Stewart, loan officer & credit analyst, at 207-974-3241 or tstewart@emdc.org. 

“EMDC continues to meet this crisis head-on while building capacity and supporting people, businesses, and communities. With the support of partners like the U.S. Economic Development Administration, we continue

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