News Categories

FAME News

Claim Your Future® – Engaging Students in Financial Education

Educators from Maine, Massachusetts and Illinois are giving their students’ future success a boost with Claim Your Future (CYF) – a financial literacy program that helps increase knowledge about higher education, careers, and money management.

FAME Approves Financing for Three Important Projects

At its December 13, 2018 board meeting, the members of the Finance Authority of Maine (FAME) approved financing for three separate projects that collectively are expected to help create and retain at least 700 Maine jobs. The projects range from renewable energy at Brunswick Landing to public infrastructure improvements in Westbrook to the re-start of the shuttered Old Town mill.

FAME Celebrates 35th Anniversary at “Showcase Maine” Event

Center for Generational Kinetics’ Alicia Rainwater Speaks The Finance Authority of Maine (FAME) celebrated thirty-five years of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, held this year on Thursday, November 15, 2018 at Portland’s Holiday Inn By The Bay. Showcase Maine is FAME’s annual celebration of its successful […]

FAME Board Visits Midcoast Businesses

The Board of Directors and staff of the Finance Authority of Maine (FAME) recently visited Front Street Shipyard in Belfast, a customer that has grown rapidly in recent years. The group later toured other customers at the Midcoast Regional Redevelopment Authority (MRRA) in Brunswick, which is located on the former Brunswick Naval Air Station base. […]

FAME and the Alfond Scholarship Foundation Launch Invest in ME Kindergarten Program

This year’s entering kindergarten class is special, most have received a $500 Alfond Grant for higher education. So FAME and Alfond Scholarship Foundation started the Invest in ME Kindergarten program which is designed to inspire Maine families to prepare early for future higher education, including saving. Over 50 schools are participating, including 11 school champions around the state. BrightFutureforME.com

FAME Approves Financing for Thompson’s Point Project

At its August 16 board meeting, the members of the Finance Authority of Maine (FAME) approved a direct loan totaling $495,000 to Forefront Commons I, LLC, to help renovate an historic former rail building as part of a larger construction project at Thompson’s Point in Portland. FAME’s action is expected to help create and retain […]

FAME Recognized for Fourth Straight Year as a Best Place to Work in Maine

For the fourth year in a row, the Finance Authority of Maine (FAME) has been named as one of the Best Places to Work in Maine. The awards program, created in 2006, is a project of the Society for Human Resource Management–Maine State Council (MESHRM) and Best Companies Group. Partners endorsing the program include: Mainebiz, […]

FAME Approves Financing for Aroostook Lumber Mill

FAME has approved 90% loan insurance on a loan by TD Bank totaling $944,000 to Maibec USA LLC. Funds will be used for the purchase of a feed conveyor deck and de-barker machine for mill operations in the town of Masardis. The venture is expected to help retain 145 Maine jobs and bring operational efficiencies to the mill.