Category: Press Release

CEI Ventures Investment in NBT Solutions Helps Grow Tech Jobs in Maine

June 29, 2017 (Portland, ME) – NBT Solutions, a nine year old mapping software development company specializing in telecommunications mapping…

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CEI Receives Positive Independent Rating from Aeris

May 31, 2017 (Brunswick, ME)—Coastal Enterprises, Inc. (CEI) announced today that it has received from Aeris, the national rating and…

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Forager Secures Funding from CEI

B2B Platform Aims to Accelerate the Local Food Economy PORTLAND, Maine, May 23, 2017 /PRNewswire/ -- Today, Forager™, a company…

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CEI Receives Grant from Hearst Foundation for Microenterprise Development Initiative

May 3, 2017 – Coastal Enterprises, Inc. (CEI) is honored announce a $100,000 grant award from the William Randolph Hearst…

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Tom Dolan Selected as Presidential Leadership Scholar

January 30, 2017 -- The Presidential Leadership Scholars program, a unique leadership development initiative that draws upon the resources of…

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CEI Ventures Closes Fourth Fund with $20 Million Under Management

January 17, 2017 (Brunswick, Maine) - CEI Ventures today announced the final closing on its fourth Venture Capital fund, Coastal Ventures IV,…

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US Treasury Awards $80 Million in New Markets Tax Credit Capacity to CEI Capital Management

(NOVEMBER 17, 2016 – Portland, Maine) – Today, the U.S. Department of Treasury allocated $80 million in New Markets Tax…

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Renovation of Neglected Rosa True School Expands Affordable Housing Options in Portland

October 25, 2016—As the proverb goes, big things often come in small packages. For Portland developer Kevin Bunker, the City…

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USDA Rural Development Announces Coastal Enterprises, Inc. will receive $20 Million Loan to Reduce Rural Poverty

Please note that CEI is finalizing program details for the USDA loan award. Please check back for more information or…

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CEI Receives $1.75 Million Financial Assistance Award from U. S. Treasury

September 28, 2016 -- The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today announced a $1.75…

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