382 Maine Small Businesses Rewarded With $5 Million In Grants

The Maine Department of Economic and Community Development has awarded recovering grants to over 380 small businesses and nonprofits in Maine that will total five million dollars, according to a report by centralmaine.com

The grant awards will average about $12,700, with some awards up to $50,000 each..

These recovery grants will help the businesses and non-profit organizations with pandemic-related costs, supply chain issues and general infrastructure expenses that may have already been spent and had major impact on the budgets of these businesses.

The funds were made available by the Maine Jobs & Recovery Small Business Grant Program, and were ultimately funded with Federal funds through the American Rescue Plan Act.

Maine's 16 Counties Ranked By How Much Money People Make

Here's the list of every county in Maine ranked by median household income from lowest to highest.

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

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Categories: B98.5, Business, Buzz and Kristi, Community, Local News, Money