May 30, 2020
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State Awards $18,000 in additional Economic Development Funding for Madawaska

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Madawaska – Town officials were notified this week that an additional $18,000 has been awarded to the community for increased economic development activities.
In August the Town received two CDBG grant awards totaling over $200,000 to provide support to Madawaska companies with business development activity leading to new job creation.
In an email to the Town on Friday, Andrea K. Smith with the Office of Community Development within the Maine Department of Economic & Community Development (DECD) explained that due to increases in costs associated with one of the projects, the additional funding was justified and approved for the Town.
Madawaska’s Economic & Community Development Director Suzie Paradis explained that since the initial grant award, she had been working closely with the business owners as they secure contractors and vendors to begin work for the improvements.
“There is just a limited number of individuals that specialize in the type of work involved with these projects and that drives costs higher,” Paradis explained.
Over the past month, Paradis has been working with State officials to analyze the costs and justify the increased grant award.
“We are very pleased by this news and also very appreciative that DECD and the Office of Community Development are such great partners to work with, and support these additional funds to increase economic development in Madawaska,” said town manager Ryan D. Pelletier.
“Economic Development can often times be a slow and tedious process. This quick turnaround from the State to assist the community and our private businesses is incredible,” Pelletier added.
For more information regarding Madawaska’s Economic Development programs or to find out how you can grow your business in Madawaska, interested individuals should contact Paradis at 728-3612.