Community Lending & Investment Corporation of Jersey City

Jersey City NJ


The Community Lending & Investment Corporation of Jersey City (CLIC), a subsidiary of Jersey City Economic Development Corporation, provides loans to established and emerging businesses in Jersey City, particularly those that can increase employment opportunities for low-income people.

CDFI Awards for Community Lending & Investment Corporation of Jersey City


SECA (2000) - $30,000

It is receiving a $30,000 Technical Assistance award to develop a capitalization plan. CLIC will also use a portion of its Technical Assistance grant to help lauch a Business Development Center, which would be a one-stop shop for training and technical assistance to the awardee"s borrowers and potential borrowers.



CORE (1999) - $2,450,000

The CDFI Fund"s $2,450,000 capital grant will support the organization"s efforts to provide financing to small businesses in Jersey City, with a focus on businesses that are located in the Urban Enterprise Zone and that create jobs for low-income individuals.



Other Community Development Financial Institutions in New Jersey





Featured Government Grant Resources


Small Business Administration's Recovery Capital Loans

The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.







Business Loans From GovLoans

The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.




Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.









More Federal Domestic Assistance Programs


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