The state will award up to $100,000 to qualified applicants, but small organizations aren’t sure how much they stand to receive and some businesses feel they were shut out of the $200 million program.
Maine economy
Posted inBusiness, Local & State
Maine jobless claims remain virtually unchanged
Roughly 66,000 Mainers filed for unemployment benefits in the first week of September, a slight decline from the 67,500 who filed the previous week.
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Posted inBusiness, Local & State
Where are all the bankruptcies experts predicted?
A surge in personal and business bankruptcy filings was a projected result of the pandemic-induced recession, but filings in Maine were down 50% in August from a year earlier. That trend could change.
Posted inBusiness, Local & State
Agencies worried about tepid response to Maine emergency grant program
Local economic development agencies suspect many small businesses and nonprofits are unaware of the $200 million program, or don’t know how to apply.
Posted inBusiness, Local & State
Hundreds of organizations in Maine apply for state emergency relief grants
Almost 700 small businesses and nonprofits seek aid in the first week of a $200 million economic assistance program created by the Mills administration.
Posted inBusiness, Local & State
Maine jobless claims trend downward as layoffs continue
The number of weekly unemployment claims last week fell to their lowest point since mid-March, but more than 1,000 Mainers filed new claims for jobless aid.
Posted inBusiness, Local & State
When will Maine office workers go back? For some, maybe never
Many Maine companies are extending remote work policies at least through the end of the year, and most office workers are happy about it.
Posted inBusiness, Local & State
Maine jobless rate jumps to 10% as state applies for Trump-ordered benefits program
The state’s unemployment rate increased from 6.7% in June as more Mainers started looking for work and the state received more accurate survey data.
Posted inBusiness, Local & State
Continued jobless claims fall sharply in Maine as U.S. unemployment worsens
The number of recurring claims fell by 8% in the first week job-search requirements were reinstated for unemployed Mainers.
Posted inBusiness, Local & State, News
Community banks credited for strong emergency business loan outcome in Maine
An abundance of smaller banks helped make the federal Paycheck Protection Program more effective than in most other states.