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 CEI believes that taking a place-based approach to development is one very important part of creating viable communities throughout the state of Maine. Our Sustainable Communities program undertakes projects in community and economic development with businesses, nonprofit organizations, cities and towns as partners or clients. Projects develop from opportunities we identify in-house, through contracts we bid on or are brought to us by people who think our skills and relationships could help. The themes of economy, equity and environment—the three Es—guide our work. In every project, we look for opportunities to generate economic return, increase social capital and build in environmental innovation. We are also mindful of the debilitating effect of sprawl on Maine communities and the local economy. Whenever possible, we focus our efforts on service center communities and downtowns. There are three staff in Sustainable Communities and our backgrounds include planning, community development, workforce development, anthropology and cultural resources. We work throughout Maine with ongoing relationships in Lincoln County and western Maine. We also pay attention to economic sectors. Presently, we've been tracking Maine's cultural economy and working to integrate the arts into community development. In addition, we are applying renewable energy to community development through a community wind feasibility study in Waldo County. For more information on our individual projects, click on the links to the left.
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CEI IN THE NEWS! |
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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 here. 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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What is a Sustainable Community? |
Sustainable communities are deliberate about their present and future.
They are places and groups of people that think about balancing
economic, environmental, equity and interests over the long term.
Whether in Maine's midcoast, western mountains, downeast or northern
woods regions, communities are facing hard choices about how to improve
or maintain their economies. Some are looking inward, finding new ways
of using old assets; others are building stronger local and regional
markets for food or energy; still others are using new business models
to distribute wealth and profits.
With flexible capital, market knowledge, and broad networks,
CEI has the tools to help communities act on their sustainable
development visions.
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