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Finance Authority of Maine
AddedFeb 18, 2024
UpdatedJun 28, 2026
Finance Authority of Maine

Finance Authority of Maine

Operating

Maine's FAME offers solutions for education and business. Visit FAMEmaine.com.

Location
Augusta, ME, US
Founded
1983
Firm
Compare
Portfolio
Employees
Website

The Finance Authority of Maine (FAME) is a quasi-independent state agency focused on providing innovative financial solutions for Maine residents and businesses. FAME primarily supports educational and business opportunities within the state, offering a range of services including education financing, business lending, and investment programs.

FAME's portfolio includes diverse companies such as American Unagi, ImmuCell, and Standard Biocarbon. The agency's investment approach emphasizes supporting local enterprises and fostering economic growth in Maine. FAME offers unique value-add services, including financial education resources and tailored assistance for businesses and students seeking to further their educational and professional goals.

Finance Authority of Maine - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments5
Current Portfolio Count5
Total Portfolio Exits0

Top Investment Stages

Debt Financing3 (60.0%)
Post Ipo Debt1 (20.0%)
Pre-Seed1 (20.0%)

Stage Mix

Debt Financing 60%Post Ipo Debt 20%Pre-Seed 20%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Katahdin Salmon logo

Katahdin Salmon

ImmuCell logo

ImmuCell

Beansprouts Early Learning Childcare Center logo

Beansprouts Early Learning Childcare Center

American Unagi logo

American Unagi

Standard Biocarbon logo

Standard Biocarbon

Finance Authority of Maine - Similar Investment Firms

Maine Technology Institute logo

Maine Technology Institute

Maine Angels logo

Maine Angels

maineangels.org

Nmdc logo

Nmdc

nmdc.org

Innovate for Maine Fellows Program logo

Innovate for Maine Fellows Program

umaine.edu

Gorham Savings Bank logo

Gorham Savings Bank

gorhamsavings.bank

Maine Venture Fund logo

Maine Venture Fund

MassDevelopment logo

MassDevelopment

Gorham Savings Bank's LaunchPad logo

Gorham Savings Bank's LaunchPad

gorhamsavings.bank

Bank of New Hampshire logo

Bank of New Hampshire

bnh.bank

Camden National logo

Camden National

Massachusetts Growth Capital logo

Massachusetts Growth Capital

CEI Ventures logo

CEI Ventures

ceimaine.org

Fidelity Bank logo

Fidelity Bank

F&M Bank logo

F&M Bank

fmbankva.com

Dirigo Angels logo

Dirigo Angels

Finance Authority of Maine - Classification

NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions