Regional Funding Programs
Somerset Economic Development Corporation Loan Programs
Somerset EDC offers revolving loan fund programs for Somerset County businesses as well as an Ag loan program specifically for food producers, farmers, and businesses using locally source materials in production. Contact Christian Savage at 207-474-0166 or csavage@somersetcounty-me.org for more information.
Historic Commercial District Revolving Fund (HCDRF)
Because Skowhegan is an accredited National Main Street community, local property owners have access to this funding source. Use these 0% interest loans funds for facade updates and COVID-19 related updates to your business.
Skowhegan Economic Development Corporation Loan Programs
Skowhegan EDC offers two loan programs to Skowhegan-based businesses. Contact Jeff Hewett at 207-474-6905 or jhewett@skowhegan.org for more information.
Micro Loan Fund
- Up to $5000
- Primarily small businesses with a gross income of less than $100,000
Revolving Loan Fund
- Up to $100,000