04406 Economic Development Agency

Find 04406 economic development agencies, departments and corporations. Economic development agencies provide information on resources for economic growth through the expansion of local businesses and by attracting new business and tourism.


Piscataquis County Economic Development 50 Mayo Street Dover-Foxcroft ME 04426 18.4 miles from 04406 207-564-3638


Somerset County Economic Development 41 Court Street Skowhegan ME 04976 32.5 miles from 04406 207-474-0166

Skowhegan Economic Development 225 Water Street Skowhegan ME 04976 32.5 miles from 04406 207-474-6905

Madison Economic Development 26 Weston Avenue Madison ME 04950 32.9 miles from 04406 207-696-3334

Bangor Economic Development 73 Harlow Street Bangor ME 04401 49.9 miles from 04406 207-992-4200

Brewer Economic Development 80 North Main Street Brewer ME 04412 50.5 miles from 04406 207-989-7500

Economic Development Agencies by City

Economic Development Agencies by Zip Code

What is a tax abatement?

A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.

What is the difference between an Economic Development Agency and an Economic Development Commission?

An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.

What do I need to do to start a new business?

Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.