According to the Maine Department of Economic and Community Development at:
The State of Maine plans to use CARES Act relief funding to help our economy recover from the impacts of the global pandemic by supporting Maine-based businesses and non-profit organizations through an Economic Recovery Grant Program. The funding originates from the federal Coronavirus Relief Fund and will be awarded in the form of grants to directly alleviate the disruption of operations suffered by Maine’s small businesses and non-profits as a result of the COVID-19 pandemic.
However, please read Enclosure 1 attached to their memo in which they discuss who qualifies for this subsidy and it appears that healthcare practitioners aren’t eligible as follows:
To qualify for a Maine Economic Recovery Grant your business/organization must:
- Demonstrate a need for financial relief based on lost revenues minus expenses incurred since March 1, 2020 due to COVID-19 impacts or related public health response;
- Demonstrate an expected 20% loss in revenue minus expenses for 2020;
- Be a for-profit business or non-profit organization, except:
- Professional Services
One thing we have all learned since the CARES Act was passed back in March is that all these federal and state sponsored subsidy programs are fluid. For that reason, doctors working in Maine might eventually be eligible for this subsidy. Please make sure to read updates issued by Maine and by your professional organizations to keep updated on subsidies like this one.