Equity Capital Programs for Investors
Thank you for your investment in Maine!
FAME encourages investments in Maine businesses, both directly and through private venture capital funds via these programs:
Maine New Markets Capital Investment Program
Maine New Markets Capital Investment Program attracts investment capital to low-income communities by allowing investors to receive a state tax credit on equity investments they make in Community Development Entities (CDE).
This program is modeled after the federal New Markets Tax Credit Program.
Maine Seed Capital Tax Credit Program
The Maine Seed Capital Tax Credit Program is designed to encourage equity investments in Maine businesses, directly and through private venture capital funds. FAME may authorize state income tax credits to investors for 40% of the cash equity provided to eligible Maine businesses. Investments may be used for fixed assets, research, or working capital.
Resources for Investors
Maine Venture Fund
Whether you’re an angel investor or a fund, connect with Maine Venture Fund for customized opportunities for co-investment.
CEI Ventures
A wholly owned subsidiary of Coastal Enterprises, Inc. (CEI), CEI Ventures manages socially responsible venture capital funds. For more than 25 years, CEI Ventures has successfully identified and cultivated growth-oriented businesses that create good jobs for people living in rural towns and small gateway cities across the Northeast.
FAME Business Update
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