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Thrive Maine second application cycle is scheduled to open on May 23, 2023.
FAME is proud to administer Thrive Maine, a $58 million forgivable loan program for businesses and nonprofits that demonstrate COVID-related negative economic impacts of more than $10,000. The program aims to further strengthen the Maine economy through impactful investments in the future.
The first application cycle took place in October 2022, with $29 million in forgivable loans allocated to Maine small businesses.
The second application cycle will be significantly different than the first. Below are some key changes:
More details can be found on our website, FAMEmaine.com/Thrive.