||The U.S. Department of Defense, Office of Economic Adjustment (OEA) grant initiative provides funding to states and U.S. territories to diversify U.S. defense dependent companies.
Administered by the Maine Department of Community and Economic Development (DECD) and Maine International Trade Center (MITC), the objective of the OEA Grant is to support Maine companies diversify into and out of the defense industry. Eligible defense companies seeking to diversify may receive financial support for:
- Market Research and Diversification Assistance
- Compliance and Certification Assistance
- Trainings and Industry Events
Eligible businesses may receive reimbursements totaling up to $14,000 per year through this program for costs associated with these activities.
Airfare, lodging, and meals are not eligible for reimbursement under this program.
For information on eligibility, please review the OEA 2018-2019 Guidelines before submitting your OEA Grant Award application.
Companies must be approved for the OEA Grant Award prior to incurring costs; costs incurred before receiving approval will not be reimbursed. If applying for the first time, a company must complete and submit a Self-Certification as an “Eligible Defense Company” form.
For more information or if you have questions, contact us.