Exhibit 23

                        Independent Accountants' Consent

The Board of Directors
Enterprise Bancorp, Inc.:


We consent to incorporation by reference in Registration  Statements on Form S-8
(No.  333-60036 and No.  333-51953)  and Form S-3 (No.  333-79135) of Enterprise
Bancorp,  Inc. of our report dated January 9, 2002, relating to the consolidated
balance sheets of Enterprise  Bancorp,  Inc. and subsidiaries as of December 31,
2001 and 2000,  and the related  consolidated  statements of income,  changes in
stockholders'  equity  and cash  flows for each of the  years in the  three-year
period ended December 31, 2001, which report is included herein.


/s/  KPMG LLP

Boston, Massachusetts
March 25, 2002