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Microenterprise Grant

The Microenterprise Grant Program provides grants up to $5,000 TO assist with the stabilization and growth of very small for-profit businesses (0-3 employees) whose owners are low/moderate income.

ELIGIBILITY:

0-3 Employees
Business owner must be low/moderate income*

PROGRAM ELEMENTS:

Up to $5,000 grant
Home based businesses eligible for $2,500 grant
If operate in commercial space eligible for $5,000 grant
Nonprofits are ineligible

WHAT WILL I NEED TO APPLY?

Some of the documentation you will need to submit:

Personal financial statement from all owners of the business with 20% ownership or greater (for loans)
2019 and 2020 business tax returns
Current Balance Sheet and Profit and Loss (within the past 90 days)
Copy of signed Lease, if applicable

HOW DO I APPLY?

Applications are on google forms. You must log into a google account to fill out the form. If you do not have a google account you can create one HERE.
If you are unable to access an application or have questions, please contact NRH@portlandmaine.gov

FAQ'S

When asked how much money I want to request, I keep getting an error message?

How do I upload files?

What is a personal financial statement?

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