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Coastal Enterprises Inc.

🔒On eve of foreclosure, investor group steps in to save Fork Food Lab

The action staves off a foreclosure auction that had been scheduled for Jan. 28.

Brunswick-based nonprofit lender backed 115 businesses in 2025

Coastal Enterprises Inc. provided $17.7 million in financing in its 2025 fiscal year, the group's latest impact report shows.

Rural manufacturing in Maine will be focus of New Markets Tax Credits program

CEI Capital Management will use new federal tax credits to draw private investment into manufacturers creating good-paying jobs in Maine and beyond.

Coastal Enterprises Inc. gets $200K grant to expand services

The KeyBank Foundation grant will help expand CEI's work providing free and low-cost business advising services to entrepreneurs.
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Japanese expertise considered key to building Maine’s farmed scallop industry

The delegation builds on previous trips to learn how scallops are grown, harvested, processed, marketed and made into various products in Japan, toward diversifying Maine’s coastal economy.

🔒Introducing the 2025 Mainebiz 40 Under 40 honorees

Now in its fourth year, the Mainebiz 40 Under 40 program recognizes the state's up-and-coming leaders, the next generation of individuals who are shaping Maine and its economy. 

How to build an entrepreneurial community in your region

By keeping the first few meetups intimate and authentic, you create an environment where people feel comfortable showing up and contributing, our guest columnist writes.

Coalition launches education campaign to support Maine aquaculture industry

The goal is to provide education around farmed seafood’s contributions to Maine and the regulations governing it.
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Investments by Coastal Enterprises Inc. created or retained nearly 1,400 jobs in 2024

All together, CEI invested nearly $23 million in 129 business, most of which are based in Maine.

From bragging rights to charitable giving, good news was plentiful in 2024

Uplifting news stories this year kudos for Portland as a minor-league sports town, and a new sign of "hopeful" in Ellsworth.
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