Investments Create or Retain 2,026 Jobs
Category: Press Release
SBA Recognizes Women’s Business Centers at CEI for their Commitment to Entrepreneurs in Maine
2018 Marks the 30th Anniversary of H.R. 5050
Mobile Price Card Closes Series A Financing Round with CEI Ventures
October 15, 2018 – Bangor, Maine – Mobile Price Card, Inc (MPC) is revolutionizing the way cellular retailers price and merchandize their products. CEO Chad O’Leary announced today that it closed its Series A round of financing led by Maine Venture Fund (MVF) with participation by CEI Ventures, Inc. (CVI).
CEI Receives Positive Independent Rating from Aeris
August 14, 2018 – Brunswick, Maine —Coastal Enterprises, Inc. (CEI) announced today that it has received strong ratings for its fund management from Aeris, the independent rating and information service for community investment funds. CEI received a four-star impact management rating with Policy Plus and AA- financial strength and performance rating. Aeris provides comprehensive assessments of a community investment fund’s financial strength, performance and impact management.
The Lyme Timber Company LP Closes $20 Million of New Markets Tax Credit Capacity from CCML to Sustainably Steward West Virginia Forestland
Financing supports timberland purchase; introduction of new safe-logging technology
CEI Solar Subsidiary Receives $1.5 million Preferred Equity Investment from the 2018 NEXT Fund for Innovation Sponsored by Wells Fargo
CEI also recipient of $1.75 million in grant and loan capital from Wells Fargo to empower diverse small business owners
From Basement-Based Business to Main Street Enterprise: Wicked Fast Microloans from CEI Help Small Business Owners Navigate Growth and Expansion
(Brunswick, Maine – May 21, 2018) Hardworking Mainers who need catalytic capital to scale up small business operations have a new option, Wicked Fast Microloans from Coastal Enterprises, Inc. (CEI).
Junora, LTD Raises Minority Stake from CEI Ventures
April 30, 2018 – Biddeford, Maine — Junora Ltd., a startup company providing advanced metallurgical products for the global vacuum coating industry today announced it has closed on a $500,000 minority investment from CEI Ventures, Inc. (CVI).
CEI Leads Project to Introduce Commercially-Viable Scallop Farming in Maine
April 23, 2018 – Brunswick, Maine – Three custom scallop aquaculture machines built in Japan have recently been purchased by CEI as part of a multi-phase initiative to further develop scallop farming efforts in the state of Maine.