Bill Would Boost FAME's Large Business Investments

James McCarthy

Source

Mainebiz

Date

1-25-2016

Pages

12

Abstract

Proposed bill, L.D. 1480 would help establish the "Invest in Maine Capital Fund" within FAME (Finance Authority of Maine) and would support business development worth at least $50 million, or that create or retain at least 250 jobs that pay at least 125% of the state average wage. Details about the bill and its intended consequences are summarized.

Subjects

Investments, Small business--Growth

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