May 08, 2014
CEI Receives Fisheries Loan Fund Grant
The U.S. Economic Development Administration has awarded a $500,000 grant to CEI, recapitalizing a revolving loan fund intended to provide 90 small- to medium-sized loans between $10,000 and $100,000 each, in addition to lines of credit, in order to create 20 new jobs. The funds are for fisheries-related businesses, and will be deployed by CEI’s Fishery and Aquaculture Specialists in partnership with our loan department. Read more!