$400K awarded to organization supporting Waldo County small business revitalization

Mon, 06/29/2020 - 2:00pm

WASHINGTON, D.C. — The Eastern Maine Development Corporation has been awarded $400,000 to support the redevelopment and revitalization of small businesses in Penobscot, Piscataquis, Waldo, and Hancock counties that have suffered financial harm as a result of the COVID-19 pandemic.

This funding was awarded through the Economic Development Administration’s CARES Act Recovery Assistance Program. 

This funding will assist the organization with developing an economic recovery plan, deploy disaster recovery coordinators, provide needed technical assistance to local stakeholders, and fund necessary technology and staff support for pandemic-response activities. 

Eastern Maine Development Corporation (EMDC) provides integrated services that boost businesses, communities, and individuals in Penobscot, Piscataquis, Waldo, and Hancock counties.