Maine District Office  – January 20, 2023

u s small business administration

Important Update

We are updating our information systems. This will temporarily impact our ability to send out email newsletters. In the interim, please refer to our twitter account @SBA_Maine and for SBA news, local events and information regarding our programs and services.

Business Planning

Business Transitions – How Can You Preserve Your Legacy?

When: Wednesday, January 25, 10:00am-11:30am

Join the Small Business Administration, Cooperative Fund of the Northeast, & the Cooperative Development Institute and other guests as we discuss options to consider when it comes time to sell your small business or transition into retirement.

Too many business owners don’t have a realistic plan for how to exit their business, earn a decent retirement income, and preserve the legacy they’ve built and the jobs they’ve created. They don’t understand their options and don’t have time to figure it out on their own, so they wait until retirement is near to think about exiting their business and are forced to liquidate and close. This shortchanges the owner, the employees, and the community when a local small business is lost.

During this event we will be discussing options, so this doesn’t happen to you!

No matter how big or small your business is this workshop will help you understand what you need to know and plan for as you assess the options and plan for your future. We’ll discuss exit planning options with a focus on one of the least understood options – selling to your employees.

Please join us for this important discussion! It’s critical as a small business owner that you plan ahead for your own future and the legacy you’ve created with your small business.

Local Business Assistance

SBA Programs & Services: How Can The SBA Help My Business

When: Wednesday, January 25, 9:00am-10:00am and 1:00pm-2:00pm
Where: Sanford-Springvale Chamber of Commerce, 510 Main Street, Sanford, ME

The SBA has several programs and services to help entrepreneurs start, run, grow, expand, and recover. Most of which are at no cost to you. This one-hour class will familiarize you with the assistance available to you through the U.S. Small Business Administration.

Please join us at the Sanford Springvale Chamber of Commerce on January 25, 2023 from 9am and again at 1pm.


2022 SBA T.H.R.I.V.E. Emerging Leaders Graduation and Awards Ceremony

When: Friday, January 27, 1:00pm-3:30pm
Where: Senator Inn, 5 Senator Way, Augusta
Register: HERE

Come help us celebrate this year’s graduates! T.H.R.I.V.E. Emerging Leaders is an intense 6-month long program designed toward established businesses poised for growth. Find out more about the program, hear from program alumni and how the program helped them get to the next level. We will also have a keynote speaker from this year’s graduating cohort.

A bit of information on the program itself:

This training is specifically designed to accelerate growth and support the expansion of your business if you have been in business for at least 3 years, generate revenue of at least $250,000, and employ more than one employee.

The T.H.R.I.V.E. Emerging Leaders Reimagined program assists small business owners in growing their business, creating jobs, and strengthening their communities. The program is an opportunity to work with a network of experienced business subject matter experts at no financial cost. This intense 6-month course includes in-person, self-paced instruction, mentoring, and classroom time.

Please join us to celebrate this year’s cohort!