News
UCEDC’s Statement on Anti-Asian Violence
Are You Ready for Tax Season? These Articles Can Help!
Needless to say, just about everything in 2020 was complicated for small business owners, so why should your taxes be any different. Whether you received a PPP loan, an Economic Injury Disaster Loan (EIDL), or you’ll be claiming an Employee…
UCEDC’s Senior Director of Financial Programs, Ellen McHenry, Explains Why Now is the Time to Purchase Owner-Occupied Commercial Real Estate
Do you know about the Small Business Administration (SBA) 504 loan program? If not, you should. Why 504? Why now more than ever? Using a 504 loan, eligible businesses can finance up to 90% of the costs of buying or…
UCEDC Partner Banks Accepting PPP Applications
Bank Eligible Applicants Link Bank of America Existing clients https://secure.bankofamerica.com Capital One Existing clients https://www.capitalone.com/updates/coronavirus/small‐businesses/ Columbia Bank New and existing clients https://www.columbiabankonline.com/ppp Investors Bank New and existing clients https://www.myinvestorsbank.com/hereforyou/Relief_Programs Peapack Gladstone Bank New and existing clients https://www.pgbank.com/how‐we‐can‐help/commercial‐private‐banking#PPP Santander Bank Women‐owned…
Introducing UCEDC’s Entrepreneurship As A Second Chance Program
The Entrepreneurship as a Second Chance (ESC) initiative offers formerly incarcerated, or court-involved individuals the opportunity to explore re-entry into society through business ownership. In addition to intensive entrepreneurial training, two years of one-on-one mentoring, and business plan development, ESC…
UCEDC Awarded $500,000 Grant Through Wells Fargo’s Open For Business Initiative
Nearly $800,000 in new Wells Fargo relief aid to help North Jersey small businesses stay open, offer “second chance” for previously incarcerated Company selects two New Jersey organizations for its Round 1 Open for Business Program funding NEWARK, N.J. (December…
Check Out UCEDC’s New Virtual Incubator Program!
Overview Diverse business owners have historically encountered many obstacles to success. To battle these injustices, UCEDC’s Board of Trustees developed the Virtual Incubator Program (VIP). The VIP will allow 10 businesses with ownership from an underserved population the opportunity to…
An interview with Juliet Foster, UCEDC’s newest Diversity Advisory Committee member
We are proud to announce that Juliet Foster, a veteran of the United States Air Force, has joined UCEDC’s Diversity Advisory Committee. In 2019 Juliet rode 849.1 miles to help raise funds for New City Kids of Jersey City and…
Liz Sanchez, Owner of I Excel Child Care Shares Her Insights on Small Business Ownership
When we met up with Liz Sanchez, it was before the pandemic shutdown. We were interviewing her for UCEDC’s 2019 Annual Highlights, and she shared the story of how she got started with I Excel Child Care in Perth Amboy,…
UCEDC’s Crisis Relief Loans at Work! How Small Businesses Are Using Their Loans to Ensure Their Business Survival
Historic Building Architects Trenton, New Jersey When Annabelle Radcliffe-Trenner, AIA, RIBA, LEED, principal and founder, of Historic Building Architects, received an email from Mercer County informing her of UCEDC’s Crisis Relief Loan Program she didn’t hesitate to secure the funds…