Union County Economic Development Corporation

Union NJ


The Union County Economic Development Corporation is a private, non for profit community development corporation, established in 1977. This CDFI provides an array of business development services and loans to small business owners in Union County, New Jersey.

CDFI Awards for Union County Economic Development Corporation


SECA (2001) - $172,500

The proceeds of the financial assistance of $150,000 will be used to capitalize a debt refinancing demonstration loan product. The proceeds of the $22,500 technical assistance grant will be used to build staff capacity through training in technical financial skills and computer applications.



SECA (1999) - $50,000

The technical assistance grant will be used to upgrade its computers and to provide staff training on general management financial management and business retention/expansion strategies.



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Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.







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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.





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