Coastal enterprises, INC.

The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant under the Women's Business Ownership Assistance Program (CFDA 59.043) to Coastal Enterprises, Inc. (CEI), a non-profit community development financial institution in Maine. The funding will support CEI in delivering training, counseling, and technical assistance to assist small businesses owned and controlled by women, with a focus on socially and economically disadvantaged individuals. This aligns with the program's goal of removing discriminatory barriers women entrepreneurs face in accessing capital, markets, management, and other critical resources for business growth. CEI has a history of utilizing federal grants to provide services such as microloans, business training, technical assistance, and financial capability coaching to underserved communities, entrepreneurs, and small businesses.