USDA Rural Development announces grant for PCEDC

    DOVER-FOXCROFT — USDA Rural Development State Director Virginia Manuel has announced nearly $1 million in funding to assist a coastal Maine business, redevelop a former tannery site and establish a revolving loan fund.

    The Piscataquis County Economic Development Council has been selected to receive a rural business enterprise grant in the amount of $21,750 to assist with a revolving loan fund to benefit small and emerging businesses, which engage in commercial activity and support related jobs in this very rural area of northern Maine.
    USDA Rural Development State Director Virginia Manuel said, “These important investments will encourage economic growth and business development in rural Maine communities through strategic planning and development, community relending, and promotion of Maine’s thriving tourism sector — all of which create jobs and bolster the growth of Maine’s rural economy.”