Our partners include but are not limited to;
- New Community Federal Credit Union (NCFCU), a nonprofit CDFI that offers the target area residents savings accounts, personal loans, and a variety of other affordable and accessible financial products and services. NCFCU also offers financial education, credit repair, homebuyer education, and foreclosure prevention.
- Urban League of Essex County (ULEC), a Fairmount-based community development organization that offers residents workforce training and placement; financial education; social service referrals; affordable housing development; housing counseling; and early childhood and afterschool programs. ULEC also organizes and empowers Fairmount residents to improve the well-being of their community.
- City of Newark Department of Economic and Housing Development, the City agency responsible for fostering affordable housing, economic opportunity, and neighborhood planning for Newark residents, as well as managing city owned properties and enforcing Newark’s Rent Control Ordinance
- Other partners and collaborations have been with the following entities:
Valley Arts, Rutgers Business School, Seton Hall University, Indiegrove, Valley National Bank, Ironbound Community Corp, SBDC, NJM Insurance Group, among others.
Urban Entrepreneurship Development Institute™(UEDI)
UEDI™ is designed to drive the dream of the entrepreneur desiring to expand a business. Materials and workshops when necessary are offered in English and Spanish and is open to everyone. UEDI™ has provided entrepreneurial training courses and currently works with a variety of non-profits organizations and business entities to provide access to financing, individualized technical assistance to qualified loan applicants.
Rutgers Center for Urban Entrepreneurship & Economic Development (CUEED) Entrepreneurship Pioneers Initiative (EPI) program. EPI is “designed exclusively for first-generation entrepreneurs. EPI is a highly competitive nine-month program that can serve as a single source to support the growth of your business. The program offers a powerful blend of monthly classes, intensive training, one-on-one counseling, financial guidance, peer coaching and networking”.
CUEED “Pipeline to Inclusive Innovation (PII) Initiative aims to increase the number of underrepresented inventors, scientists and technology-focused Minority Business Enterprises (MBEs) engaged in federally-funded innovation and technology programs.”
The SBA Emerging Leaders Initiative – This is a federal training initiative that specifically focuses on executives of businesses poised for growth in historically challenged communities. The initiative provides these executives with the organizational framework, resource network, and motivation required to build sustainable businesses and promote the economic development within urban communities. GNEC provides the financial training for participants of Emerging Leaders.
Rising Tide Capital Community Business Academy – this is a twelve (12) “week course that offers hands-on training in business planning and management:
teaches business fundamentals like budgeting, marketing, bookkeeping and financing”. GNEC provides business financing to this program’s graduates.
NJIT Newark Innovation Acceleration Challenge (NIAC) – this is a business pitch competition to find the next great business ideas from the community and students in the Greater Newark area. GNEC provides the financial training for participants of NIAC.
Black and Latino in Tech Initiative (BLT) pre- accelerator – this is a program organized by Rutgers Center for Urban Entrepreneurship and Economic Development (CUEED). BLT aims to “connect founders of color to the resources needed to attract capital.”