Important Update: CEI Response to COVID-19 Pandemic

To help keep our communities safe, effective Monday, March 13, CEI staff members will be working remotely and our offices are closed to the public. Please be in touch with your CEI contact to reschedule in-person meetings to phone or web meetings. You can reach us by email: info@ceimaine.org, or by phone: 207-504-5900. We wish you good health and look forward to hearing from you.

CEI Awarded MTI Funding to Pilot a Maine Seafood Marketing Initiative

Study to Examine Potential Formation of Promoting Maine’s Seafood Products December 17, 2019 (Brunswick, ME) — Coastal Enterprises, Inc. (CEI) has received a $25,000 grant from Maine Technology Institute (MTI) for a research project to study the viability of a Maine Seafood Marketing Initiative.  

Woodforest CEI-Boulos Opportunity Fund Recognized as a Leading Opportunity Zone Fund in the Forbes OZ 20: Top Opportunity Zone Catalysts List

December 12, 2019 — The Forbes OZ 20: Top Opportunity Zone Catalysts, a partnership between the Sorenson Impact Center and Forbes, recently announced a new list recognizing community organizations and OZ Funds that are committed to achieving equitable economic growth in underserved and overlooked communities throughout the country. We are pleased to announce that the Woodforest CEI-Boulos Opportunity Fund has been selected as one of 20 communities and opportunity zone funds.

New Session of Aquaculture in Shared Waters Starts January 6th

Beginning on January 6th, CEI will be offering Aquaculture in Shared Waters—a practical hands on aquaculture course offered to fishermen from a team representing CEI, University of Maine faculty, Sea Grant associates, Maine Aquaculture Association, Maine Aquaculture Innovation Center and the Downeast Institute. This year’s course will be offered at our Brunswick office at 30 Federal Street, with the option to live stream classes from the UMaine Hutchinson Center in Belfast. Students enrolled will receive training for kelp and shellfish start-ups.

Woodforest National Bank Creates $20 Million Opportunity Zone Fund to Support Economic Revitalization Across its 17-State Footprint

THE WOODLANDS, TEXAS, NOVEMBER 25, 2019 – Recently, Woodforest National Bank® (“Woodforest”) created the Woodforest CEI-Boulos Opportunity Fund (“Fund”), a $20 million private real estate investment fund targeting projects in the recently designated Opportunity Zones across Woodforest’s 17-state footprint. The Fund will invest in real estate projects with the goal of promoting public welfare by benefitting low- and moderate-income individuals in areas designated as Qualified Opportunity Zones.

CEI awarded $300,000 Wells Fargo grant to finance and coach women and immigrants growing businesses in Maine

(BRUNSWICK– November 12, 2019) – Coastal Enterprises Inc. (CEI) is the recipient of a $300,000 grant from the Wells Fargo Foundation to expand its financing and advice for diverse small business owners in rural Maine. CEI is one of 18 Community Development Financial Institutions (CDFIs) nation-wide participating in the Wells Fargo Diverse Community Capital (DCC) program, which helps diverse entrepreneurs grow.

Due to the COVID-19 Pandemic CEI offices are closed to the public. CEI staff will be working remotely and want to hear from you! Please reach out to your CEI contact regarding scheduled meetings and/or any questions/concerns. Click here for a list of COVID-19 Business Resources.
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