Biddeford-Saco Area Economic Development Corporation

Saco ME


Established in 1992, Biddeford Saco Area Economic Development Corporation (Biddeford-Saco Area EDC) is a small non-profit loan fund that provides business loans to start-up and existing small and micro-businesses in the Saco-Biddeford area of Maine. Over the past seven years, Biddeford-Saco Area EDC has lent nearly $2.2 million to 47 businesses that provide jobs to low-moderate income individuals and has leveraged an additional $19 million in private investment.

CDFI Awards for Biddeford-Saco Area Economic Development Corporation


SECA (2000) - $32,000

The Fund"s technical assistance grant will be used to upgrade its computer technology and train staff.



CORE (1999) - $610,000

The CDFI Fund"s $600,000 capital grant will be combined with $1,000,000 raised from other sources to create a $1,600,000 capital loan fund to support small business lending in the Biddeford-Saco area. In addition, the Fund"s $10,000 technical assistance grant will enable the organization to upgrade its bookkeeping systems.



Other Community Development Financial Institutions in Maine





Featured Government Grant Resources


Business Grants for Women

Many women in business find that in order to meet their business' financial needs, they turn to searching out a loan source. Business loans for women are widely available through the Small Business A...







Department of Agriculture: Value Added Producer Grants

The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









More Federal Domestic Assistance Programs


Charles B. Rangel International Affairs Program | PPHF 2013 Cooperative Agreement to Support Navigators in Federally-facilitated and State Partnership | Lead Technical Studies Grants | State Capacity Building | Eastern New Mexico Rural Water System Project |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2024 Copyright Michael Saunders