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In a move to support struggling small businesses in Maine, Governor Janet Mills signed a new bill into law on Friday that aims to provide economic relief to entrepreneurs and business owners impacted by the ongoing COVID-19 pandemic.The bill, dubbed the Small Business Recovery Act of 2026, allocates $50 million in funding to assist small businesses in Maine that have been hit hard by the economic repercussions of the pandemic. The funds will be distributed in the form of grants to eligible businesses, with a focus on those that have experienced significant revenue losses or have had to shut down operations temporarily.Governor Mills emphasized the importance of supporting small businesses, which are the backbone of Maine's economy. "Small businesses are the lifeblood of our communities, and they have been disproportionately affected by the challenges brought on by the pandemic," she said in a statement. "This bill aims to provide much-needed relief to those who need it most and help them weather this difficult time."The grants provided through the Small Business Recovery Act will be administered by the Maine Department of Economic and Community Development, which will work in collaboration with local economic development agencies to ensure that the funds reach businesses in need.In addition to financial assistance, the bill also includes provisions for technical assistance and training programs to help small businesses adapt to the changing market landscape and adopt new strategies for growth and sustainability.Small business owners across the state have expressed gratitude for the support provided by the government. Sarah Collins, owner of a small boutique in Portland, said, "This funding will make a huge difference for businesses like mine that have been struggling to stay afloat. It's a much-needed lifeline that will help us get back on our feet and continue serving our community."With the Small Business Recovery Act now in effect, businesses in Maine can begin applying for grants to receive the financial support they need to navigate through these challenging times. Governor Mills urged eligible businesses to take advantage of the assistance available and encouraged community members to support local small businesses as they work towards recovery.