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Welcome to Invest Newark: Newark`s Economic Development Catalyst Invest Newark (Formerly The Newark Community Economic Development Corporation - Newark CEDC) is the primary economic development catalyst for Newark, New Jersey, was organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development within the city. Invest Newark initiates and executes economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark. Our major functions include: Business Attraction and Retention – We work with companies interested in expanding or relocating in Newark and guide them every step of the way. We introduce business enterprises to the City, its market and its assets. We assist companies with their location decisions including analysis of demographics, economic indicators, workforce information, available buildings and sites and other information relevant to business location decisions. Real Estate – Invest Newark helps both developers and businesses tap into Newark`s vast development opportunities by assisting with a wide range of services, including site selection, permitting and approvals and gap financing. Business Development and Entrepreneurship– No business is too small for us to help, whether it`s through a loan from our Grow Newark Fund or our Bond Assistance Program for construction industry firms that provides working capital loans, direct bonding assistance and technical assistance. We are deeply committed to helping minority- and women-owned businesses thrive in Newark.
ECDI has made a significant impact in each of its markets. Since 2004 ECDI Columbus has deployed over $21 million worth of loans. Making a quick start in Cleveland, ECDI has closed over $2.5 million in loans in less than three years. In Toledo, the organization is carving their niche as a resource, helping clients get loan ready and work on their business plans.
HIstoric Germantown is a Philadelphia, PA-based company in the Non-Profit sector.
Formerly Abbotsford Community Services. Registered in 1969, Archway Community Services is a non-profit, multi-service, multi-funded community based social service agency. The agency was previously known as Abbotsford Community Services from 1995 until 2019 when we changed our name to be more inclusive to the communities we serve outside of Abbotsford.
Founded in 2010, Choose New Jersey`s mission is to encourage and nurture economic growth throughout New Jersey, with a focus on our urban centers. Through our integrated marketing and business attraction and retention efforts, we stimulate job creation and capital investment. We collaborate with the State`s universities to encourage research, discovery, and innovation. Privately funded, Choose New Jersey is supported by a prominent group of leaders from many of the State`s Fortune 500 and other top companies, labor organizations, associations, and higher education institutions. These organizations represent 1.25 million people, or nearly one-quarter of the State`s private-sector workforce.