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FAME News
March 19, 2021
FAME Approves Additional Financing for GO Lab, Inc.
The FAME Board has approved $85 million in bond financing to help finance GO Lab, Inc., a start-up company at the former Madison paper mill in Somerset County. The project is expected to create approximately 114 well-paying jobs in Somerset County.
January 14, 2021
FAME CEO Bruce Wagner Announces Retirement
FAME Chief Executive Officer Bruce Wagner recently announced his intention to retire on February 5, 2021. He will be replaced on an interim basis by FAME’s Chief Risk Officer, Carlos Mello.
December 22, 2020
FAME Approves Financing to Support Expanded Broadband Access in Belfast South Portland
At its monthly meeting on December 17, the board of directors of FAME approved up to $1.9 million in loan insurance and a $1 million direct loan to help support increased access to broadband in the cities of Belfast and South Portland.
December 17, 2020
FAME Honors Maine Businesses, Educators, and Lenders
Awards Bestowed Virtually in Lieu of Annual Dinner Celebration
November 23, 2020
FAME Approves Additional Saddleback Financing
Also elects new board officers for 2020-2021
November 16, 2020
FAME Approves Financing for Polymer Laboratories & Solutions, LLC
Windham-based Anania & Associates acquires Jones & Vining manufacturing plant in Lewiston and relaunches it as Polymer Laboratories and Solutions LLC.
October 22, 2020
Become an Alfond Leader, Get $60,000 to Live and Work in Maine
The Alfond Leaders program provides student loan debt relief of up to $60,000 to assist Maine employers in attracting and retaining talented STEM professionals. Application deadline is November 15, 2020.
October 15, 2020
Approx $7 Million in Funding Available Through Maine Seed Capital Tax Credit Program
The Maine Seed Capital Tax Credit Program has $7 million in tax credit authority available for use by investors and Maine businesses for the remainder of calendar year 2020.
October 13, 2020
FAME Launches Invest in ME Reads Program to Celebrate Financial Planning Month
Free Resources for Young Maine Children to Learn about Financial Wellness
September 18, 2020
FAME awarded $25,000 grant to strengthen employee financial wellness program
Grant is Part of New National Initiative Supported by the Wells Fargo Foundation in Collaboration with the Center for State and Local Government Excellence, the International Public Management Association for Human Resources, and National Association of State Treasurers’ Foundation
