| This bill requires a state agency or other organization that |
| receives state funding for the purposes of economic and community |
| development to develop a strategy to ensure that natural |
| resource-based businesses and businesses with 3 or fewer |
| employees have access to lending programs with priority placed |
| upon disseminating information and assistance to rural areas. |
| This bill also requires that an agency or organization required |
| to develop such a strategy report by January 15th of each year to |
| the joint standing committee of the Legislature having |
| jurisdiction over business and economic development matters |
| concerning the effect and impact of the strategy in relation to |
| the purposes of the bill. The bill requires the Maine Small |
| Business Commission to coordinate outreach and technical |
| assistance to natural resource-based businesses and businesses |
| with 3 or fewer employees and to work closely with various state |
| agencies and other programs to develop an overall plan for this |
| outreach and technical assistance. |