Greater Newark Enterprises Corporation (GNEC) is a non-profit Community Development Financial Institution (CDFI) established in 2005. They provide business capital, consulting, and coaching to entrepreneurs in Newark and the New Jersey region who are unable to secure financial support from traditional banks, aiming to bridge the racial funding gap and help entrepreneurs become bankable.
GNEC has served over 4,000 clients and provided more than $4,330,000 in loans. They offer access to professional resources and technical support to foster the success of startups and established businesses, with a focus on industries such as personal services, business professional services, retail, transportation, trucking, and manufacturing.
Generated from the website