Greater Newark Enterprises Corporation (GNEC) is a community development corporation and a certified CDFI that provides financial services to low-income families and finances job creation, community facilities, and small business growth and development. Since it was established in 2005, GNEC has provided approximately $5 million in financing to small businesses, creating nearly 400 jobs. Since 2007, GNEC has provided entrepreneurial training and technical assistance to more than 500 prospective and existing business owners in the Greater Newark area each year through its Urban Entrepreneurs Development Institute (UEDI).
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