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PI Development Fund

Funding Opportunities for your Business

Presque Isle wants to be your partner for your next endeavor. Low interest loan rates and favorable terms are available for new or existing businesses looking to help grow the local economy. 

Click here to schedule a meeting with the DECD Team today!

Presque Isle Development Fund (PIDF) Loan Program
Low interest loans available for qualifying businesses

Regional Economic Development Revolving Loan Program
Low interest business loans for qualifying businesses

Winterization and Rental Modernization (WARM) Program
This loan program offers qualifying landlords with interest rates as low as 1% to upgrade window, door, and other heating units within their rental properties

Microfinance Loan Program
Offers start up small businesses financing with no collateral loans for completing approved educational courses through New Ventures Maine.  Applicants who complete their loan without missing a payment will be rewarded principal forgiveness for the last year of the term.