Economic / Community Development
BDC Pandemic Emergency Loan Fund
The BDC PELF is recapitalized and now accepting applications for a second round of funding.
In response to the COVID-19 Pandemic and its widespread effects on our business community, the Brunswick Development Corporation (BDC) unanimously approved the creation of a Pandemic Emergency Loan Fund (PELF). The emergency loan fund is meant to help stem the tide of business closures and hardship by providing interim capital to supplement other State and Federal emergency disaster relief funding anticipated to be available in the coming weeks.
The PELF loan fund will provide working capital to Brunswick-based businesses that have experienced interruption or hardship due to COVID-19 and will offer special terms for this short-term financing to include: no-interest loans of up to $5,000; a two (2) year term, and deferred principal payments for 12 months.
Please use the application form below to apply for the loan.
Federal and State Pandemic Emergency Business Resources
Economic and Community Development Information
Economic and Community Development (ECD) helps to promote the Town of Brunswick as a great place to do business, a great place to live, and a great place to visit. We strive to facilitate capital investment, job creation, business activity and property tax base expansion by attracting prospective businesses and supporting the expansion and retention of existing local businesses. We work to connect business and community development projects with available state and federal grant opportunities, such as Community Development Block Grants (CDBG). The Town of Brunswick, supports the initiatives of and works with the Brunswick Downtown Association (BDA), in fostering a vibrant downtown.
Economic and Community Development supports the development of Brunswick Landing (formerly the Brunswick Naval Air Station), and is active in securing and administering federal and state grants for both private business development and public infrastructure that supports the development of business, community and cultural assets.
We serve as the liaison between the Midcoast Regional Redevelopment Authority (MRRA) and the Town of Brunswick, and support the Town Departments of Planning and Development and Parks and Recreation through the public benefit conveyances (PBC) process. The Town of Brunswick received from the Department of the Navy a 66-acre parcel of open space, located off Old Bath Road, known as the Captain William A. Fitzgerald USN. Recreation and Conservation Area; over 800 acres of open space at the southern end of the former Naval Air Station property, known as the Kate Furbish Preserve; and, a recreation center. View more information for Parks and Recreation Facilities.
Brunswick serves a multi-modal transportation hub and gateway to Midcoast Maine. Brunswick Station, a mixed-use, transit-oriented development centered around the Brunswick Visitor Center/train station, is served by Amtrak Downeaster passenger rail service, Concord Coach lines, regional and local bus and taxi services.
How We Help Brunswick Business
Brunswick economic and community development staff provide expertise and assistance with an array of federal, state, local and private economic development resources. We are highly adept at assessing a business’ development needs and packaging customized financial resources to meet those needs.
In particular, the Brunswick ECD staff stands ready to assist existing and prospective Brunswick employers to:
- Identify suitable sites for commercial activity
- Help businesses navigate local and state regulatory requirements
- Identify sources of investment capital and package customized financing from multiple sources in order to facilitate business development by leveraging private resources and sharing risk
- Reach out to existing local businesses and provide assistance to address challenges and/or capitalize on opportunities
- Help businesses tap into the network of federal, state, local and private resources that support economic development