Interested in Joining Our Revolving Loan Fund Committee?

KVCOG has an opening on our Revolving Loan Fund (RLF) Committee and is seeking dedicated community leaders with financial expertise to join. We are looking for individuals who have a passion for economic development and want to help local businesses thrive within our communities.

The RLF Committee is responsible for reviewing loan applications, making recommendations for funding, and helping manage our RLF program. We need a diverse group of members who represent the different communities within Kennebec, Somerset, and Western Waldo Counties. We're especially interested in people with backgrounds in:

• Banking
• Law
• Accounting
• Real Estate Appraisal
• Industrial or business leadership
• Public administration

If you have a strong financial background and are a resident of one of the three counties we serve, we encourage you to apply. To express your interest, please send a letter of interest or questions to Maggie Camden at . Your expertise will be crucial in helping us support the growth and success of local businesses.

Do you have questions about the about the
Kennebec River Dams and the Next Steps?
Click here for the Nature Conservancy Fact Sheet 

Ready to take your business to the next level?

KVCOG offers Business Financing to fuel growth and economic development in our region.

What makes KVCOG different? We are a public lender—not profit-driven like conventional lenders—and we lend to promote the common good. This means we can often set lower interest rates, offer longer terms, and accept higher risk than traditional lenders.

Quick Program Details

• Loan Amounts: Up to $350,000.
• Eligible Location: Your business must be in Kennebec, Somerset, or Western Waldo Counties.
• Use of Funds: Funds can cover essential needs like:
  • Real Estate Acquisition and Building Improvements.
  • Equipment, Inventory & Supplies, and Furniture & Fixtures.
  • Start-up Operating Costs and Working Capital.
  • Debt Refinancing.
• Key Requirement: Your project must be unable to be financed through traditional funding sources or other Federal, State, or local programs.

Are you eligible?

We look for several elements when considering a loan request, including:

• A written business plan.
• Good character and management capability.
• Collateral sufficient to secure the loan.
• Reasonable assurance that earnings will be sufficient to pay all obligations.

If your business is located in Kennebec, Somerset, or Western Waldo Counties and you need financing that traditional sources can't provide, reach out to us today!

Click HERE for more details and to access our application.

You can contact Maggie Camden, RLF Loan Specialist, at 207-453-4258 ext. 221 or email or to learn more or to obtain a loan application.

Check out our FY25 Annual Report

HERE

Kennebec Valley Council of Governments (KVCOG) is a private, non-profit organization established in 1967. KVCOG is a membership organization and is owned and operated for the benefit of its members.  The Council of Governments is enabled by state statue. The office is located in Fairfield, Maine and serves Kennebec, Somerset and western Waldo Counties.

KVCOG provides a coordinated approach for planning and economic development at the local and regional level.  KVCOG has been a leader in economic development, environmental, land use and transportation planning with a wide array of professional talent among staff for the past 50 years.

The Kennebec Valley region is connected by the Kennebec River. It covers 62 municipalities, several unorganized territories and 5,251 square miles with a population of approximately 182,000.  It includes the state capital of Augusta as well as other cities including Waterville, Gardiner and Hallowell and many rural towns. Municipal population ranges from 42 to 18,972.