Posts By: Jennifer Boutin

Round 1 of the Paycheck Protection Program

Revised 1/20/2020: Important updates to this FIRST ROUND of PPP in the Economic Aid Act, passed December 2020. NEW Forgiveness Application for loans of $150,000 or less can be found here SBA EIDL Advance amount will no longer reduce the amount that can be forgiven. Previously, if you had received an SBA EIDL advance/grant (which… Read more »

SBA’s Economic Injury Disaster Loan Program (EIDL)

Need help? Contact your SBDC advisor. Request Advising Here. Revised 1/4/2021 The EIDL LOAN application has been extended through December 31st, 2021. The Advance/Grant is not currently available. The loan application deadline has been extended to December 31st, 2021. 

Sealander Architects – Ellsworth, Maine

Mike Sealander and his wife Robyn have been running their business, Sealander Architects, since 2007. Sealander Architects is an architecture and interior design firm specializing in well-designed environments that allow people to do their best work.  They design buildings to reflect an organization’s mission and culture, and strive to design places where people can thrive.

Spa Voyage – Biddeford, ME

Eliza was experienced in her practice, but had never started her own business. For assistance in these uncharted waters, she worked with Raynor Large, business advisor at the Maine SBDC at Androscoggin Valley Council of Governments. Raynor helped Eliza as she pitched her idea as part of the Maine Center for Entrepreneur’s Top Gun program. He helped her with her business plan and financial projections.

The Mustard Seed Bookstore – Bath, Maine

  Six years ago, Julie and Mike Shea approached Maine SBDC with a dream. They wanted to purchase a small bookstore in downtown Bath. They reached out to Brad Swanson, a business advisor at the Maine SBDC at CEI, for assistance in developing a business plan and financing proposal. Julie and Mike worked diligently with… Read more »

C.W. Hunt Photography – Ellsworth, Maine

Charles Hunt has always had a passion and natural talent for photography. When he decided he wanted to make it his career, Charles worked through the Vocational Rehabilitation program to get connected with  Shannon Byers, a business advisor with the Maine SBDC hosted at CEI. Charles, who has autism, was determined to start his own… Read more »

Illuminated Me – South Portland, Maine

Jewelry created with resin dipped spicej

Sharon has accessed assistance from several business development resources in Maine along her entrepreneurial journey. She turned to SBA partners CEI’s Women’s Business Center and the Maine SBDC at the University of Southern Maine for guidance on her business plan and marketing strategy.

5 Practical Tips to Prep Your Business for Sale

Are you are considering selling your business? Perhaps you are ready for retirement? How can you prepare your business to get the most value out of the sale? It takes a lot longer to sell a business than it does to buy a business. Here are some practical tips that you can do now that will prove valuable later.