Governor Mills Announces $14 Million in?
Maine Jobs & Recovery Grants to
Support Maine?s Forest Products Industry

Second Round of Grants Build on $6 Million Already Awarded

During the 62nd Annual Meeting of the Maine Forest Products Council [on Monday], Governor Janet Mills announced $14 million in grant funding is now available for Maine forestry companies from the second round of the Forest Recovery Initiative of her Maine Jobs & Recovery Plan.

Governor Mills?announced the $20 million Forest Recovery Initiative?grant program through her Maine Jobs & Recovery Plan in November 2021.?The first phase?of the program provided financial relief to 219 forest products industry businesses that experienced negative impacts from the pandemic to help them sustain the viability of their business. Of the 219 companies awarded grants, 83 percent have ten employees or fewer, and 80 percent are located in Aroostook, Penobscot, Somerset, Oxford, or Piscataquis counties.

The second and final phase of the program, administered by the Maine Technology Institute (MTI), will provide grants ranging from $250,000 to $2,000,000 to forestry companies to support forward-looking forestry projects that address new market demands, provide new sustainable products, or otherwise advance the long-term stability of the forestry industry. Funds may also support infrastructure upgrades that strengthen the supply chain and help businesses pivot to new products and markets.

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