Finance Authority of Maine
The Finance Authority of Maine (FAME) is an economic development agency located in Augusta, Maine, founded in 1983. Its primary mission is to provide innovative financial solutions that support Maine citizens in their pursuit of business ventures and higher education. FAME offers a diverse range of business assistance programs tailored to meet the financing needs of the state's business community. These include traditional loan insurance programs aimed at both small and larger enterprises, as well as tax credits for investments in dynamic, growth-oriented, manufacturing, or export-related firms. Additionally, FAME has established both taxable and tax-exempt bond financing programs designed to assist creditworthy businesses in accessing necessary capital. Through these initiatives, FAME plays a vital role in fostering economic growth and development within Maine.
Top Regions
Past deals in Maine
American Unagi
Debt Financing in 2021
American Unagi is a company based in Maine that specializes in raising American eels sourced from the state's unique glass eel fishery. The company operates a land-based recirculating aquaculture system to grow these eels to market size. Their farming practices ensure that the eels are raised without the use of hormones or antibiotics, providing a more responsible and traceable product compared to other options available in the US. American Unagi's approach focuses on sustainability and safety, offering customers a reliable and eco-friendly choice for eel consumption.
Standard Biocarbon
Debt Financing in 2021
Standard Biocarbon produces a high-purity carbon product derived from sustainably sourced biomass from Maine's forests. This commodity is designed for use in farming and construction applications, helping clients enhance soil health, boost nutrient absorption, and decrease methane emissions by improving digestive biome conditions.
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