Portland begins new economic development initiatives | News

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Portland begins new economic development initiatives

PORTLAND, Maine (NEWS CENTER) -- The city of Portland is starting a number of programs to build a better business climate. Mayor Michael Brennan announced the initiatives at a news conference Wednesday afternoon.
Portland has started a Business Visitation Program. City leaders aim to meet with one local business each week to find out how the city can help that business grow.
Portland also has hired a consultant to look for places where permitting, licensing and inspection processes can be improved both in the short term and the long term.
And the city is offering new grant programs and expanding current ones in an effort to encourage local business growth. The Business Assistance Program for Job Creation awards up to $20,000 in grants to Portland businesses for projects that lead to more jobs for low and moderate income people. Portland Economic Development Plan Implementation Programs is awarding grants up to $75,000 to help bring more business to the city and improve Portland's business climate.
The city also is expanding the Façade Improvement Program, which helps businesses in certain parts of the city renovate their storefronts.
You can learn more about the programs by visiting the city's website.


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