$70K in federal investment to spur economic development, job growth coming to Midcoast
WASHINGTON, D.C. — Congresswoman Chellie Pingree announced Friday three federal grants from the Economic Development Administration are coming to Maine’s First Congressional District, totaling an investment of $210,000.
“Coming out of the pandemic, these grants will go far to support a long-term economic development framework in local Maine communities. Along with helping local councils organize their economic future, this funding will support the infusion of capital investment and create regional jobs,” said Pingree. “As a member of the House Appropriations Committee, I’ve long championed federal investment in Maine’s future. I’m glad this funding will plan for the post-pandemic recovery, helping us to build back better.”
Details of the grants are below:
Greater Portland Council of Governments ($70,000): This EDA planning investment supports the development and implementation of a comprehensive economic development strategy (CEDS) in the region served by the Greater Portland Council of Governments. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
Midcoast Economic Development District ($70,000): This EDA planning investment supports the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Midcoast Economic Development District. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
Southern Maine Planning and Development Commission ($70,000): This EDA planning investment supports the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Southern Maine Planning and Development Commission. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
