Profeta Urban Investment Foundation

Profeta Urban Investment Foundation helps launch and expand minority businesses in Newark by providing encouragement, expertise, and interest-free loans to entrepreneurial, minority-owned businesses wanting to open or grow in Newark.  Committed to supporting the revitalization and renaissance of Newark, the nonprofit specifically helps businesses that return value to the city by making jobs available to residents and providing the goods and services that residents need.  Since its establishment in 2007, Profeta Urban Investment Foundation has helped launch six minority-owned businesses.