FAME helps businesses seeking capital by encouraging private investment in Maine businesses.

Maine Economic Development Venture Capital Revolving Investment Program (VRIP)

The Maine Economic Development Venture Capital Revolving Investment Program (VRIP) provides investment capital to eligible venture capital funds in order to support Maine businesses with job creation and retention.

Application Deadline: October 16, 2026 at 5:00 PM EST

Maine New Markets Capital Investment Program

Maine New Markets Capital Investment Program provides tax credits to investors in community development entities that reinvest in businesses located in low-income Maine communities.

Maine Seed Capital Tax Credit Program

Maine Seed Capital Tax Credit Program encourages investments in small businesses by providing credits to outside passive investors.

Maine Venture Fund (MVF)

Maine Venture Fund invests in dynamic businesses that have the potential for significant growth and impact in Maine. Since 1997, over $20 million has been invested in Maine companies from the Fund, which operates as a revolving “evergreen” fund.