UCEDC, a nonprofit economic development corporation Employee Directory
Non-profit OrganizationsNew Jersey, United States11-50 Employees
UCEDC is a private, nonprofit statewide economic development corporation based in Cranford, New Jersey, with a mission focused on small business development and job creation since 1977. It operates as a Community Development Financial Institution (CDFI) and SBA lender, providing financing options from 5,000 to 5 million dollars, including SBA microloans and 504 real estate loans, to borrowers who may have limited credit history or collateral, as well as support for women and minority entrepreneurs. In addition to lending, UCEDC offers free or low-cost training, mentorship for loan clients and Entrepreneurship 101 graduates, and guidance through government procurement opportunities through its APEX Accelerator program. The organization collaborates with the New Jersey Economic Development Authority to deliver workshops on business and financial literacy and helps small businesses navigate federal, state, and local contracting processes, aiming to connect clients with government procurement opportunities. Over the past decade, UCEDC reports lending activity and extensive participation in workshops, with a track record of helping clients secure government contracts across numerous fields and provide ongoing support to its loan clients and program graduates.