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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 […]

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 […]

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 […]

FAME Expands Invest in ME Reads Program to Reach Over 50,000 Elementary Students

Free Family Financial Wellness Program to Support Families and Caregivers in Building Financial Skills AUGUSTA –The second half of the school year is underway in Maine and the Finance Authority of Maine (FAME), in partnership with the Consumer Financial Protection Bureau, is supporting more students than ever before throughInvest in ME Reads, a family financial wellness […]

FAME Celebrates 40 Years of Maine Success Stories at Showcase Maine Event

AUGUSTA — The Finance Authority of Maine (FAME) celebrated forty years of business and education success stories and partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 16, 2023, at South Portland’s Portland Sheraton at Sable Oaks. Showcase Maine is FAME’s annual celebration of its successful partnerships with Maine’s business, lending, […]

FAME’s Jennifer Lanphear Elected President of National Organization Representing State Student Grant and Aid Programs

AUGUSTA – The Finance Authority of Maine (FAME) is pleased to announce that Jennifer Lanphear, FAME’s Education Programs Manager, has been elected President of the National Association of State Student Grant & Aid Programs (NASSGAP).  NASSGAP, a national non-profit organization, is dedicated to advancing high standards in the management and execution of state-based student grant […]

40 Years of FAME

Fueling Maine’s Economic Growth by Supporting 10,000 Businesses that Created and Retained 200,000 Jobs Augusta, Maine – November 28, 2023 – The Finance Authority of Maine (FAME) marks a significant milestone this year as the agency celebrates 40 years of unwavering commitment to supporting Maine’s business community and helping Mainers meet the costs associated with higher […]