CEI

A guide to Maine’s resources for startups and innovators

Here's a start for startups navigating Maine's network of pitch competitions, funding sources and advisor groups.

CEI promotes longtime employee to chief lending and investment officer

Coastal Enterprises Inc. has promoted Kelsie Bouchard to chief lending and investment officer. 

CEI pilots extension of Maine’s retirement savings program to ‘solopreneurs’

Coastal Enterprises Inc. is leveraging a state-sponsored retirement savings program with a financial incentive program designed to encourage solo entrepreneurs to start a retirement saving plan.

Maine’s first PFAS testing facility triples annual capacity

Market research showed there was a PFAS testing backlog, delaying turnaround by weeks. A Norridgewock lab processes samples in 10 business days, giving it early success bringing on clients.
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🔒‘Thinking positively and working hard’: Notable quotables from 10 On the Record interviews in 2024

Here is a curated collection of snippets from interviews with business and nonprofit movers and shakers published in 2024.

Lightning strikes again: MacKenzie Scott gifts $15M to Brunswick-based Coastal Enterprises

The philanthropist has given away $17.3 billion of her fortune to nonprofits across the U.S. Now she's re-upped her support of CEI.

Downtown Lewiston building changes hands between nonprofits with similar aims

The building, which is 5,500 square feet and dates to 1978, is laid out over a single story and is on about a third of an acre. It includes 15 on-site parking spaces. The building is considered move-in ready.

The good, the tough and the needed: 10 insights from Startup Maine Week

The Portland conference, held for the first time since 2019, offered sessions on a range of topics and networking events for budding and wannabe entrepreneurs.
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A business lab from CEI aims to spur growth in weatherization industry

The free lab, offered by Coastal Enterprises Inc., will provide basic business management tools and industry insights to help weatherization contractors stay open or expand.

$5M investment to help Penobscot County firm produce sustainable ‘biochar’

Biochar, a charcoal-like material, is produced by heating organic matter to an extremely high temperature in a low-oxygen environment. The biochar can then store carbon for thousands of years. By putting biochar back into the earth, the carbon is permanently removed, making biochar one of the most immediate commercially scalable pathways for carbon removal.
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