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Invest in CEI
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CEI’s mission is to help create economically and environmentally healthy communities in which all people, especially those with low incomes, can reach their full potential. 
We pursue this mission by providing financing and management assistance to promising locally-based enterprises. CEI also targets specific sectors for maximum impact, such as sustainably managed ventures in the farm, fish and forest sectors, women business owners, microenterprises, and child care enterprises. CEI’s goal is the creation of quality jobs, opportunities for self-employment and affordable housing, and access to essential services for individuals and communities. Maine is our primary market, but we also partner with CDFIs and environmental groups to bring resources to northern New England and upstate New York. CEI's work depends on the support of individuals and institutions across the country who are committed to investing in communities and their residents. We invite you to become a CEI supporter and help us make a difference for people and communities across the region.
Join with us by investing or donating today! |
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CEI IN THE NEWS! |
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CEI partners in the “Cod Academy”. CEI is helping to organize a free cod farming course for large boat fishermen from Maine’s two easternmost coastal counties, Hancock and Washington. Read more here. CEI Investment Notes are a way for you to invest in your community, to help others, and to reap social, environmental and economic benefits. Details here. U.S. Finance Expert Encourages Banking Investment in Maine Communities
At CEI's 32nd Annual Meeting, Ellen Seidman, Exec. VP of ShoreBank in Chicago, and Sr. Research Fellow with the New America Foundation in Washington, DC, urged Maine bankers and community activists to consider “greater community investment…meeting the actual needs of the community, not just counting dollars invested.” See full speech.
See annual meeting remarks by Ron Phillips, CEO, on triple bottom line investing and the next 5 years for CEI. See the 12/14/09 article on CEI and the state of investing in communities. It’s where mission happens… CEI Receives $125 Million in NMTC Through its subsidiary, CEI Capital Management LLC, CEI will use the allocation to attract private capital investments for primarily rural economic development projects. See press release.
CEI Receives Investment Funds
In partnership with Manufacturers Association of Maine, CEI will receive $765,000 over from the Federal Department of Health and Human Services, Office of Community Services (OCS), to finance several job-generating small-to-medium enterprises. This funding will create 78 full-time, year-round jobs. Read press release here. Bangor Savings Bank and CEI offer low-interest loans to small and medium-sized enterprises in disadvantaged areas in Maine. Read more here. |
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BLUETARP - Building a Business in the Building Industry |
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When Brian Rigney worked on construction jobs during summer vacations while a student at Colby College in Waterville, he saw the inefficiency in the piles of receipts and invoices that accompanied every purchase. As he pursued an MBA, this problem stayed with him, and in 1998 BlueTarp, Inc. was born.
As a growing company, BlueTarp needed capital. CEI Ventures, Inc., one of CEI's two socially responsible venture capital subsidiaries, invested in BlueTarp, because of its potential to generate above average financial returns while meeting social goals, including job creation for low-income people. As of second quarter 2010, BlueTarp had 50 employees.
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Invest in CEI 