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Recent News

FAME Celebrates Partnerships And Success Stories at Showcase Maine Event

AUGUSTA — The Finance Authority of Maine (FAME) celebrated business and education success stories and partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 21, 2024, at South Portland’s Portland Sheraton at Sable Oaks. Showcase Maine is FAME’s annual celebration of successful partnerships with Maine’s business, lending, governmental, and higher education communities. The […]

EME Biofuel Bond Public Hearing

NOTICE OF PUBLIC HEARING Pursuant to Title 10, §1043 of the Maine Revised Statutes and 26 USCA §147(f), the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:30 AM on December 4, 2024, at 5 Community Drive, Augusta, Maine on an application for a Certificate of Approval for issuance of Revenue […]

Fame Approves Financing for Vertical Harvest, L3C

AUGUSTA — At their October 17, 2024 meeting held in Bangor, the board of directors of the Finance Authority of Maine (FAME) approved financing for Vertical Harvest, L3C, a company planning to operate a vertical hydroponic greenhouse in downtown Westbrook.  FAME approved a $500,000 FAME Direct Loan to help finalize the construction of the company’s nearly complete facility in […]

Casella Waste Systems- Notice of Intent

Notice is hereby given that the Finance Authority of Maine (FAME) intends to issue Revenue Obligation Securities (the “Securities”) pursuant to the Finance Authority of Maine Act (Chapter 110 of Title 10 of the Maine Revised Statutes, as amended) and has issued its Certificate of Approval for the Project to be financed with proceeds of […]

In Memoriam: Scott A. Weber

FAME joins our community in mourning the loss of Scott Weber, our Senior Credit and Risk Officer, our colleague, and our friend. His tenure at the company spanned over 18 years, during which his dedication to helping the people of Maine achieve their business and educational aspirations was unwavering. Scott’s expertise in financial matters was […]

Notice of Public Hearing

The Finance Authority of Maine (the “Authority”) is empowered under the Finance Authority of Maine Act, Chapter 110 of Title 10 of the Maine Revised Statutes, as amended, to issue its Revenue Obligation Securities, the interest on which may be exempt from federal income taxation, to assist in financing and refinancing projects for the purpose […]

Notice of Public Hearing

Pursuant to 10 MRS §1063, the Finance Authority of Maine (the “Authority”) will hold a public hearing on October 25, 2024 at 10:00 A.M. at 2 Portland Fish Pier (Marine Trade Center), Suite 204, Portland, Maine, on an application for an amended Certificate of Approval to be issued with respect to issuance by the Town […]

FAME’s College Access Team Honored by Maine Development Foundation

AUGUSTA — At their annual meeting and awards celebration held at Lewiston’s Franco Center on September 13, 2024, the Maine Development Foundation (MDF) presented the Finance Authority of Maine’s (FAME’s) College Access and Financial Education (CAFE) Team with their Champion of Education and Workforce Development Award. MDF’s awards this year recognize individuals, businesses, and community groups […]

FAME Financing to Assist Sawyer Enterprises, LLC

AUGUSTA — At their monthly meeting held on September 19, 2024, the board of directors of the Finance Authority of Maine (FAME) approved $1 million in financing for Sawyer Enterprises, LLC d/b/a FISBA North America, a Portland-based precision manufacturer of microphotonics. Microphotonics is a branch of technology that deals with directing light on a microscopic […]

Maine Funding Network Launches

Maine Funding Network developed by DECD and FAME will provide financing resources for Maine businesses to start up and grow Governor Janet Mills recently announced the launch of the Maine Funding Network, a new business funding portal designed to easily connect Maine businesses with one-stop access to funding options so that they may grow and […]

Notice of Public Hearing

Notice is hereby given in accordance with Section 147(f) of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated with respect thereto (collectively the “Code”) and 10 MRSA §1043, that the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:30 a.m., Eastern Time, May 29, 2024, at […]

FAME’s Mary Dyer Selected to Serve on National JumpStart Board of Directors

The Finance Authority of Maine (FAME) is pleased to announce that Mary Dyer, FAME’s Financial Education Programs Manager, has been selected to serve on the National Jump$tart Board of Directors. Dyer currently serves in the role as President of the Maine Jump$tart Coalition for Personal Financial Literacy, an all-volunteer nonprofit Coalition whose mission is to […]

Eva Hoyt Zippel Elementary School Receives Boost of Financial Education from FAME

Book collection and book reading awarded by agency to Zippel Elementary School Augusta — Zippel Elementary School, located in Presque Isle, was recently awarded the Finance Authority of Maine (FAME) Invest in ME Reads Giveaway, which includes the complete Money on the Bookshelf collection, a variety of family resources, and a special visit from Maribeth […]

U.S. Small Business Administration (SBA) announces availability of low-interest disaster loans for Maine businesses and residents

Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Maine following the announcement of a Presidential disaster declaration due to severe storms and flooding that occurred on Jan. 9-13. The disaster declaration covers Cumberland, Hancock, Knox, Lincoln, Sagadahoc, Waldo, Washington, and York counties in Maine, which are eligible for both […]

Notice of Public Hearing

Pursuant to Title 10, §1043 of the Maine Revised Statutes and 26 USCA §147(f), the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:30 a.m. on April 3, 2024, at 5 Community Drive, Augusta, Maine on an application for a Certificate of Approval for issuance of Revenue Obligation Securities to finance […]

FAME Financing to Assist Tanbark Molded Fiber Products 

AUGUSTA — At its monthly meeting held on February 15, 2024, the Finance Authority of Maine (FAME) approved financing for Tanbark Molded Fiber Products (Tanbark), a Saco-based manufacturer of molded fiber packaging products. The financing is expected to help create nine Maine jobs and retain an additional twenty-three Maine jobs. FAME approved $1,594,000 in total financing […]

Notice of Public Hearing

Notice of public hearing and opportunity to be heard regarding proposed tax-exempt bond issuance by the Finance Authority of Maine to finance eligible student loans. The Finance Authority of Maine (the “Authority”) proposes to issue up to $25,000,000 in aggregate principal amount of its Student Loan Revenue Bonds (Supplemental Education Loan Program) Class A Series 2024A‑1 (the […]

FAME Education Loan and Loan Repayment Program Applications Open for 2024

AUGUSTA—Applications are now being accepted for state education loan and loan repayment programs administered by the Finance Authority of Maine (FAME). FAME helps to create the workforce of the future by increasing the number of Maine residents with credentials of value. We do so in a variety of ways, including by providing various student financial […]

FAME Financing to Assist Madison and Waldoboro Businesses

$500,000 additional financing to assist wood fiber-based insulation manufacturer at former Madison paper mill in Somerset County AUGUSTA — At its monthly meeting held on January 18, 2024, the Finance Authority of Maine (FAME) approved additional financing for GO Lab, Inc. (d/b/a TimberHP), a manufacturer of wood fiber-based insulation products located in Madison. FAME’s actions are expected to […]

For Educators

Check out FAME’s free training opportunities such as webinars and training events for school counselors, college access advisors, financial aid counselors and administrators.

Resources for Educators