Another Way to ‘Buy Local’

Posted by Mackenzie Arsenault on March 12, 2015

Last Tuesday I had the pleasure of attending the 37th Annual Meeting for Coastal Enterprises Inc. (CEI). CEI, located in Wiscasset Maine, lends money and support to businesses in Maine and New England. Their philosophy was inspired by the civil rights movement and their mission is “to help create economically and environmentally healthy communities in which all people, especially those with low incomes, can reach their full potential.”

The meeting included the presentation of the CEI Sustaining Community Award to the Island Employee Cooperative, along with remarks from Jeremy Refkin via video teleconference from Berlin, which only seemed appropriate since his discussion was on the “The Internet of Things”; how the interconnection of computing devices and automation has a local and global economic effect.

CEI offers an avenue in which to invest in Maine communities. Funds from CEI Notes are pooled and used to finance businesses, facilities and services to improve the economic, social, and environmental well-being of our Maine Communities.

We are always happy to discuss these opportunities further; for more information please visit

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