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The Maine Community Foundation has partnered with Wiscasset-based CEI (Coastal Enterprises Inc.) to boost downtown- and fisheries-related development in rural Maine.
CEI, a nonprofit economic development financial institution, announced the partnership Monday. It will result in the Maine Community Foundation providing $500,000 in new loan funds to CEI, which will use them for rehabilitation of downtown buildings and development of fisheries-related enterprises in the state’s rural communities.
The funds have already supported the complete renovation of the Mayo Mill in Dover-Foxcroft. CEI said the project is being envisioned as an economic hub for the area, with eight commercial tenants, 22 affordable housing units and a data center that will support the state-supported Three Ring Binder Internet fiber extension project.
“Our downtowns are important engines for commerce, culture and overall quality of life in Maine’s communities,” Meredith Jones, president and CEO of the Maine Community Foundation, said in a prepared statement. “With CEI’s expertise and resources, [Maine Community Foundation’s] investments can have greater impact in revitalizing our downtowns and strengthening fisheries-related enterprises vital to our coastal communities.”
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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