Newark Community Economic Development Corporation
Newark Community Economic Development Corporation (Newark CEDC), is the primary economic development catalyst for the State of New Jersey’s largest city, Newark. It is organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development throughout the City’s 20 diverse neighborhoods. As a business development company whose sole client is the City of Newark, Newark CEDC collaborates with the Newark Department of Economic & Housing Development to initiate and execute economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark.
Mission Statement: To retain, attract, and grow businesses; enhance small and minority business capacity; and spur real estate development in every ward of the City of Newark.
Vision Statement: A catalytic world class economic development organization that consistently works to produce and sustain economic growth, generate jobs, and create wealth for the citizens of Newark.