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FAME News

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 […]

Student Loan Repayment Pause Ending: FAME Can Help You Prepare

FAME launches resources to help Maine borrowers get ready for repayment restart Augusta – According to a recent survey conducted by U.S. News & World Report, only 30% of student loan borrowers know when their payments are set to resume, while almost half said they aren’t financially prepared to begin repaying their debt. In Maine, […]

FAME Financing to Assist Millinocket Aquaculture Business

Up to 80 jobs may be created at former mill site AUGUSTA — At its monthly meeting held on May 18, 2023, the Finance Authority of Maine (FAME) approved financing for Katahdin Salmon, Inc., an inland aquaculture business to be located in Millinocket. FAME’s actions are expected to help to create approximately eighty jobs in Millinocket. […]