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 based in Maine. The grant, which was awarded on September 30, 2023, will support CEI's delivery of training, counseling, and technical assistance services to help small businesses owned and controlled by women, with a focus on socially and economically disadvantaged individuals. CEI will utilize the funding to provide entrepreneurship training, business consulting, financial literacy education, mentoring, and facilitate access to capital specifically for women-owned small businesses in the communities it serves. This award is part of the SBA's broader efforts to remove discriminatory barriers women entrepreneurs face in accessing critical resources for business growth and development.