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Nantucket Chamber of Commerce Ventures

Remain Ventures has strategically partnered with the Nantucket Chamber of Commerce to encourage and strengthen a robust local economy. The shared initiatives have been diverse and community oriented. Two of the most meaningful and broad-ranging partnerships are the Nantucket Island Center for Entrepreneurs and the Rock Solid Grants. 

The Vision

To grow and maintain a robust Nantucket economy where small business owners can feel supported by their peers, develop their leadership and management skills and thrive in a challenging seasonal economy. 

The Mission

To provide year-round education opportunities, entrepreneurial training and grants for Nantucket small businesses owners.

The Project

was made possible through Remain Ventures.

A strong economy is a strong community

Partnering with Small Business Owners

Remain Ventures and the Nantucket Island Chamber of Commerce strengthen Nantucket businesses through shared initiatives

Remain Ventures has strategically partnered with the Nantucket Chamber of Commerce to encourage and strengthen the local economy. The shared inititives have been diverse and broad-ranging and all aimed at bringing vitality and sustainability to the Nantucket business community.


The Nantucket Chamber of Commerce was founded in 1934 and incorporated in 1954. It is the primary organization dedicated to promoting the interests of the business community. With over 750 businesses, nonprofit and individual members, the Chamber is also concerned with the ongoing viability and vitality of the historical, cultural, civic, environmental and recreational features that position Nantucket as a premier destination for visitors and provides a special way of life for its residents. 


Much of the work of the Chamber aligns with the goals of Remain Ventures making the organization a natural partner. Remain’s investment in the Chamber began with sponsorship of their signature events, including The Daffodil Festival, Cobblestones and Cranberries, Nantucket Noel and Christmas Stroll and the Red Ticket Drawing on Christmas Eve. Over the years, this has led to some interesting collaborations like helping the Chamber staff efficiently and responsibly sort garbage at events or underwriting the purchase of LED lightbulbs for the holiday trees that line the downtown streets during Nantucket Noel and Christmas Stroll. Some of the more recent opportunities for collaboration have been in educational and peer-to-peer support of small businesses and entrepreneurs. 


Nantucket Island Center for Entrepreneurship

The two organizations partnered to launch the Nantucket Island Center for Entrepreneurship (NICE) in January 2019. NICE offers one-on-one mentoring and group educational programming designed to help local entrepreneurs succeed on Nantucket. NICE is part of the Chamber’s growth initiative program to support the local business community. The Chamber tapped Karen Macumber, a serial entrepreneur, business owner and year-round resident, to pilot the program. 


Over the years since its launch, NICE has worked with many business owners, providing both incubator and accelerator opportunities. By building a network of advisors on Nantucket and across the Cape and Islands, NICE was also able to help business owners tackle subjects such as marketing, finance planning, insurance, real estate and succession. In addition, Karen worked with local businesses to identify grants, including the Rock Solid Grants funded by the Town of Nantucket and Remain Ventures, and state and regional grant opportunities to boost technology and other vital initiatives.


Starting in 2023, NICE programming has been rolled into the Chamber’s overall educational efforts. Please reach out the Chamber directly to learn more.


Rock Solid Grants

The Rock Solid Grants are administered by the Chamber and provide funds to Nantucket-based small businesses to ensure their contribution toward a strong local economy. The Grants are supported by The Town of Nantucket and Remain Ventures and are intended to launch or grow businesses. For-profit businesses on Nantucket (both established and new businesses) can qualify for participation in the application process. 


Applicants are asked to use the grant funding to execute an innovative project to ensure the growth and economic stability of their own business while also creating a positive role model for others in the entrepreneurial community. To learn more about the Rock Solid Grants, visit the grants page at Chamber website. 


Pitch Competition 

Another exciting initiative of NICE was an annual Pitch Competition. The “Shark Tank”-inspired live program ran from 2021-23 and provided extensive one-on-one coaching to participating entrepreneurs. Following an open submission process, up to 10 finalists were invited to pitch their business plan to a panel of judges. Each pitch was limited to a three-minute presentation, followed by a Q&A with the judges. Cash prizes and opportunities for media exposure were then awarded to the winners.  

Lights on Main Street

Lighting the trees on Main Street is a popular community event and highlight of the holiday season

Pitch Competition

Entrepreneurs compete for cash prizes, media exposure and public recognition at the annual Pitch Competition

Downtown Activity

The Chamber and Remain Ventures partner to bring vitality and vibrancy to the Nantucket businesses community

Partner: Nantucket Chamber of Commerce

The Chamber has been a key partner in supporting the island’s economic success as well as that of the tourism industry. Through the MORE campaign, the Chamber also supports a greener and healthier island for all visitors and islanders alike.

Explore Nantucket Chamber of Commerce

By the numbers

In addition to promoting Nantucket, the Chamber provides legislative liaison, educational workshops, networking events, business consultations and year-round visitor information. It also reaches across the island in support of small businesses providing resources for entrepreneurs to launch and grow. 

  • 760

    Member businesses
  • 110

    Vehicles in the Daffodil Weekend parade
  • 40

    Holiday trees lit with solar-powered lights over Christmas Stroll
  • 20

    Business to business workshops and after-hours events
“Remain has graciously supported our Keep The Rock Solid Grant program from its inception in 2020. Local businesses have used the funding for everything from upgrading and modernizing equipment to training for expanded service offerings. Additionally, Remain's support for our Nantucket Island Center for Entrepreneurship allowed us to offer consulting across all industries. This has paved the way for our Business Resources department, where we will continue to be an asset for island businesses, especially our support for employers and employees navigating our complex economy.”

Executive Director, Nantucket Chamber of Commerce

Resources and Press


Read the latest news about Remain Nantucket, Remain Ventures and our many island partners who are working to make the community more sustainable, viable and resilient. Please come back frequently for updates.

Nantucket Chamber Launches Island Center for Entrepreneurship

Cape & Plymouth Business Media (January 16, 2019) — The Nantucket Island Chamber of Commerce announces the launch of the its inaugural program to support the business growth of emerging and early stage entrepreneurs on Nantucket. Read the full article here.

Local Economy

Nantucket Chamber of Commerce Announces the First Recipients of Rock Solid Grants

NANTUCKET, Mass. (January 13, 2021) — Today, The Nantucket Island Chamber of Commerce is pleased to announce it has awarded $20,000 in grants to local small businesses owners, to help them fund innovative projects in response to the challenges of operating during the Covid-19 pandemic. With the support of ReMain Ventures, The Chamber’s Rock…

Ventures Community Local Economy

Nantucket Chamber of Commerce to Launch the Rock Solid Fund

NANTUCKET, Mass. (November 18, 2020) — Today, The Nantucket Island Chamber of Commerce, in partnership with ReMain Ventures, is pleased to announce a new grant program has been established for local small businesses owners, to help them launch innovative responses to economic challenges, such as the Covid-19 pandemic. The Rock Solid Fund will award micro-grants…

Ventures Community

ReMain Nantucket joins Nantucket Organizations to Develop Economic Impact Study of COVID-19 Crisis

NANTUCKET, Mass. April 8, 2020 — ReMain Nantucket announced today that it has commissioned a series of studies on the short-term economic impacts of COVID-19 on local businesses and organizations. The initial survey, which is being conducted by the Boston-based consulting firm EBP US, was emailed to members of Nantucket Island Chamber of Commerce, Nantucket Island…

Nantucket Community

Remain Ventures invests in buildings and mission-related businesses that strengthen the island’s year-round economy and spark innovation that brings long-term value to its residents. Remain’s buildings not only reflect a commitment to the wise use of energy and natural resources, they also serve as gathering places and critical cornerstones of the community. The entrepreneurial work of Ventures is implemented as private investments and contracts through its impact-focused limited liability company.

Remain Ventures