Category: Press Release

CEI Receives $3.3 Million EDA Award for Revolving Loan Fund to Meet the Immediate and Long-Term Economic Development Needs of Small Businesses in Maine’s Coastal Counties

FOR IMMEDIATE RELEASE November 10, 2020 (Brunswick, ME)—The U.S. Department of Commerce’s Economic Development Administration (EDA) announced a $3,278,000 award…

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Woodforest CEI-Boulos Opportunity Fund Closes over $1.3 Million Opportunity Zone Equity Investment in Sharswood Ridge Project to Help Revitalize Philadelphia's Sharswood Neighborhood

Mixed-use, partnership-driven project delivers affordable housing, grocery and health care access, and hundreds of jobs Pictured here is an image…

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CEI Expands Wicked Fast Loans with Financial Assistance Award from CDFI Fund of the U.S Treasury

September 24, 2020 (Brunswick, ME)—The Community Development Financial Institutions (CDFI) Fund of the U.S. Treasury today awarded $600,000 in financial…

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CEI Secures Award to Advance Catalyst Fund for Early-Stage Food Businesses

September 23, 2020 (Brunswick, ME) – A new $300,000 grant award from the U.S. Department of Commerce’s Economic Development Administration…

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Aquaculture in Shared Waters Course Now Accepting Applications

Free training classes to begin early November 2020 in the Downeast region Washington & Hancock Counties, ME - Commercial fishermen…

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CEI Welcomes New Colleagues in Accounting, Lending & Small Business Development

September 2, 2020 (Brunswick, ME) - CEI recently hired six new professionals to join their accounting, lending and business advice…

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Leadership Transition at Maine-based CEI Capital Management LLC, one of the Nation’s Premier New Markets Tax Credit Firms

Charles J. Spies, III Announces Retirement; Traci R. Vaine to Succeed as CEO on October 1, 2020  September 1, 2020 (Brunswick,…

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Maine SBDC & Maine DECD Announce New Micro-Enterprise Grant Program

August 17, 2020 - The Maine Department of Economic & Community Development (DECD) in partnership with the Maine Small Business…

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TD Charitable Foundation Supports Coastal Enterprises, Inc. with Community Resilience Grant

June 15, 2020 (Brunswick, ME) - The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient…

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Mission-Driven Lenders Offer Loans to Boost Business Recovery

May 18, 2020 (Brunswick, ME) - Coastal Enterprises, Inc. (CEI), Community Concepts Finance Corp and MaineStream Finance are offering special loan products supported by SBA funds in a collaboration to help businesses across Maine gain access to the…

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