Maine Seed Capital Tax Credit Program

Program Name: Maine Seed Capital Tax Credit Program

Resource Type: State

State: Maine, Northeast

Agency: Program Source: Tax Incentive

Description: This program is designed to encourage equity and near-equity investments in eligible Maine businesses, directly and through private venture capital funds. FAME may authorize state income tax credits to investors for up to 60% of the cash equity they provide to eligible Maine businesses. Investments may be used for fixed assets, research or working capital.