Coastal Enterprises Inc.

$5.5 Million Awardee

For more than three decades, Coastal Enterprises, Inc., (CEI) has pioneered new ways to create economic opportunity in rural communities. Founded in 1977, CEI was Maine’s first local development company. In its early years, the organization focused on mobilizing capital to create jobs in the state’s natural resources industries, such as fishing, farming, and forestry. Over time, however, it has expanded to serve the rest of New England and beyond, and has diversified its lending to include manufacturing enterprises, affordable housing projects, and community facilities. 

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