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New Ventures Maine Launches Mini-Grant Competition
FOR IMMEDIATE RELEASE
October 10, 2023
ContactJennifer DeJoyjennifer.dejoy@maine.edu207-621-3433
New Ventures Maine Launches Mini-Grant CompetitionGrants Support New or Expanded Business Marketing and Promotion
October 4, 2023—AUGUSTA, Maine—New Ventures Maine (NVME) has announced open applications for their statewide Fall 2023 Marketing Mini-Grant Competition.
The NVME Marketing Mini-Grant Program aims to strengthen access to markets for micro-businesses by supporting the development of marketing tools, materials, and activities. NVME will award cash mini-grants—up to $1,000 per region (defined below)—to microenterprises for marketing projects through a competitive application process. Applications are due Friday, November 3, 2023.
Eligible applicants include individual micro-business owners, business partners, or groups of business owners. Businesses apply to the region in which they are based (see below for details).
Application criteria include: 1) Five or fewer full-time equivalent employees; 2) sales in the current calendar year; and 3) gross annual sales of no more than $150,000 (previous calendar year).
New Ventures Maine’s mini-grants support new or expanded business marketing and promotion. Winning grants must be matched by a 25% contribution which can come from business profits, personal funds, or other sources.
Regions and contacts are defined for the NVME mini-grant program as follows:
· Aroostook County: Destin DeCambre, 207-768-9468, destin.decambre@maine.edu
· Kennebec & Somerset Counties: Jean Dempster, 207-621-3434, dempster@maine.edu
· Sagadahoc, Lincoln, Knox & Waldo Counties: Alicia LaFosse, 207-621-7457, alicia.lafosse@maine.edu
· Penobscot, Piscataquis, Hancock & Washington Counties: Banjo Ogunlela, 207-262-7842, oyebanjo.ogunlela@maine.edu
· Cumberland & York Counties: Elaine Thomas, 207-799-5025, elaine.thomas@maine.edu
· Androscoggin, Oxford & Franklin Counties: Dion Olmstead, 207-753-6581, dion.r.olmstead@maine.edu
Marketing mini-grants are sponsored in part by Norway Savings Bank, Katahdin Trust Company, and Kennebec Savings Bank.
For more information, contact the region representative listed above or visit the New Ventures Maine website.
About New Ventures Maine (NVME)New Ventures Maine provides free classes and individual coaching in planning careers, starting businesses, and managing money. A statewide program of the University of Maine at Augusta, University of Maine System, NVME helps Maine people succeed in the changing economy and achieve economic security for themselves and their families. For more information visit newventuresmaine.org.
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Jennifer DeJoy, Communications & Development Manager New Ventures Maine Mail: 46 University Drive, UMA, Augusta ME 04330 Office: 331 Water St, Handley Hall, 5th floor, Augusta 207-621-3433 Pronouns: she, her, hers
Programs for career, business, and financial education. Sign up for NVME newsletters newventuresmaine.org
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