Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 319 - MAINE ECONOMIC DEVELOPMENT VENTURE CAPITAL REVOLVING INVESTMENT PROGRAM
Section 457-319-2 - Program Implementation

Universal Citation: 94 ME Code Rules ยง 457-319-2
Current through 2024-13, March 27, 2024

The authority shall solicit applications at such times as the authority determines that there is a sufficient amount available in the program fund to make investments in qualifying investment funds. The authority shall publicize the availability of the funds and the application process and shall provide an application to any qualifying investment fund that has requested notification of the availability of funds for investment at any time during the 18 months preceding the solicitation of applications. At the time of publication of the solicitation of applications, the authority shall state the amount of funds available for investment and set a deadline for the submission of applications.

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