Biddeford-Saco Chamber of Commerce & Industry
The Chamber of Commerce & Industry brings a wide variety of benefits and opportunities to people in every field. Manufacturers, retailers, lodging, restaurants, financial institutions and professionals are partners with property owners, promoting the community as a great place to live and do business.
Maine Department of Economic and Community Development
The Department of Economic and Community Development (DECD) assists firms considering locating or expanding with technical, site location, financial, training, marketing, and general business assistance.
Finance Authority of Maine
The Finance Authority of Maine (FAME) is the state operated economic development agency which offers a wide array of financial assistance programs for Maine businesses. These programs include tax-exempt bond financing for multi-million dollar projects to commercial loan insurance.
Southern Maine Finance Agency
The Southern Maine Finance Agency (SMFA), formerly known as Biddeford-Saco Area Economic Development Corporation, is a nonprofit corporation (est. 1992) that assists emerging and expanding companies in Saco and York County. The Corporation's mission is to promote sustainable economic prosperity through regional business lending, targeting underserved markets. Through SMFA, Saco collaborate on programs, projects, and policies designed to increase employment and improve living standards.
The Small Business Administration, FAME and RECD all provide commercial loan guarantee programs to all of the local and regional financial institutions. FAME administers the SMART- E Bond Program, a tax-exempt financing program for manufacturing facilities including land and depreciable assets.