March 20, 2018
Three counties get $210K boost for economic development planning
By Staff
The U.S. Department of Commerce’s Economic Development Administration will award $210,000 to Androscoggin, Somerset, and Aroostook counties to foster economic development, support small businesses and create jobs.
The funding will be awarded as follows:
- Androscoggin County will receive $70,000 through EDA’s District Planning program to establish an economic development planning framework to support private capital investment and local job creation.
- Aroostook County will receive $70,000 through EDA’s District Planning program to establish an economic development planning framework to support private capital investment and local job creation.
- Somerset County will receive $70,000 through the EDA’s District Planning program and $61,000 through the Design Analysis program for the investigation and analysis of potential design alternatives and ownership options for conversion of the former Madison Paper mill.
“Federal investments can play a pivotal role in the development of strategies to create employment opportunities, strengthen economies, and assist communities across Maine, particularly in rural areas,” U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, said in a joint statement announcing the awards. “We commend the EDA for providing this important funding, which will bolster these Maine counties’ efforts to support small businesses and foster job creation.”
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