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Western Maine Sustainable Development Collaborative PDF Print E-mail

CEI is a partner with Mountain Counties Heritage (MCH), Western Mountains Alliance (WMA) and the Maine Center for Economic Policy (MECEP) in a multi-year effort focused on Maine's four western counties and their economic future. Each member is bringing its particular expertise to bear on opportunities and problems in the region: MCH—cultural planning and development; WMA—advocacy and leadership training; MECEP—policy development; and CEI—finance and community economic development. We work on some place-specific development projects separately (see sidebar and below), but look for ways our partners' skills can help make them a success. Jointly, we are attempting to bring more private donor and philanthropic funding into western Maine and to raise the profile of community and nonprofit projects and organizations deserving financial support.

For more information, contact Stephen Cole, Director, Sustainable Communities, at 207-882-7552, ext. 133.
 
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CEI IN THE NEWS!

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.
36 Water Street, PO Box 268, Wiscasset, ME 04578; Telephone: 207/882-7552; FAX: 207/882-7308; E-mail: cei@ceimaine.org