Category Archives: News

Next Level Business Planning: Take Your Business from Striving to THRIVING

Sooner or later, every business owner gets to a tipping point where the decisions they make and the actions they take can mean the difference between failure or success, stagnation or growth. Moving in the right direction requires a strong foundation in basic business skills and the know how to assess and respond to current conditions and future projections.

This intensive six week workshop will guide you in identifying the barriers keeping you from success and crafting a practical, real world plan to overcome them.

Click here fro more information.

BERGEN / HUDSON & PASSAIC ELC

Special Guest Speaker:
LIEUTENANT GOVERNOR
KIM GUADAGNO

Kevin O’Connor, Bergen/Hudson County ELC Chair
Angelo Morresi Passaic ELC Chair
RE: Wednesday May 24th @ 12:00 Noon / Registration at 11:30am
Stony Hill Inn
231 Polifly Road Hackensack, NJ

Click here for more information

Million Dollar Challenge Press Release

Press Release
For Immediate Release

Hudson County Launches Million Dollar Challenge to Help Small Businesses
Lending initiative designed to reach businesses that can’t get conventional financing

The Hudson County Economic Development Corporation today announced the launch of “The Million Dollar Challenge”, a new small business lending initiative aimed at increasing access to capital for the county’s business owners and entrepreneurs.

Working in partnership with UCEDC, a nonprofit small business lender and training organization, the Hudson EDC is committed to bringing $1 million of fairly priced capital to viable start-ups and growing small businesses that would otherwise be denied conventional lending. Financing will be provided by UCEDC through its SBA loan products.

“Access to capital is the lifeblood of small businesses but too often, hard-working business owners and entrepreneurs can’t get the financing they need,” says Thomas DeGise, Hudson County Executive. “We want to give Hudson County’s small businesses a fair chance to start, grow and thrive and I’m pleased to see that the Hudson EDC has taken on this challenge with such an innovative response.” Loans of $5,000 to $5 million will be made available to start-up and established businesses throughout Hudson County. Hudson EDC and UCEDC staff will work with strategic partners such as business/professional associations, chambers, business incubators, and other public and private entities to promote the program and assist businesses in applying.

“The Million Dollar Challenge is all about helping businesses of all sizes and types get a fair chance to succeed,” says Michelle Richardson, Hudson EDC Executive Director. “It doesn’t matter if you’re a sole proprietor working from home or the owner of a generations-old manufacturing business – you are a vital part of our economy and community.”

There are many reasons why a sound small business may not be able to secure conventional lending, says UCEDC President Maureen Tinen. “Just being less than two years in operation can automatically disqualify you from getting a bank loan. Issues like insufficient collateral or not having enough of your own equity to contribute are other typical roadblocks. Our job is to look for the “yes” and we encourage the county’s small businesses to contact us.”

Small business owners and entrepreneurs can learn more about The Million Dollar Challenge by visiting the Hudson EDC website at www.hudsonedc.org .

About the Hudson County Economic Development Corporation

The Hudson County Economic Development Corporation (EDC) is a not-for- profit corporation organized to encourage and assist business to remain located in the County of Hudson and to attract new business to locate in the County of Hudson.  The EDC offers assistance to businesses in Hudson County in the areas of: access to working capital financing via a partnership with UCEDC; access to a trained workforce via collaborative efforts and partnerships with the Hudson County workforce system.  Technical assistance programs relate to activities such as: counseling and referrals; capacity training to support business growth strategies; governmental and private sector procurement; real estate site selection; and demographic research.

About UCEDC

UCEDC, a nonprofit economic development corporation, is dedicated to promoting New Jersey’s small businesses with resources tailored to every stage of business growth.  Since our inception in 1977, we’ve provided over $24 million in loans to start-up and established businesses through a variety of SBA programs and other funding sources.  With its free counseling, bid matching services, and contracting workshops, our Procurement Technical Assistance Center(PTAC) has helped local businesses win over $2 billion in awarded government contracts.  And thousands of entrepreneurs and small business owners have attended our workshops and seminars, giving them a strong foundation for success.

Media Contacts:

Michelle Richardson Executive Director, Hudson County EDC
201-369- 4370
mrichardson@hudsonedc.org

Robin Preisler, Director of Business Development, UCEDC
908-527- 1166
rpreisler@ucedc.com

Jim Kennelly, Director of Communications, County of Hudson
201-369- 4386
jkennelly@hcnj.us

Grow Your Business in Hudson County NJ

Join the Hudson County-Jersey City Workforce Development Board for the “Grow in Hudson County NJ” networking event and meet government, educational, and non-profit representatives committed to assisting your businesses with opportunities to provide goods and services as well as employer incentives for business growth. You must pre-register by 11/02/16 at https://www.eventbrite.com/e/grow-in-hudson-countynew-jersey-tickets-28461216264 *Free parking passes available to early registrants-first come first serve only* For more information, contact The Hudson County-Jersey City Office of Workforce Development Board at (201) 420-3000 ext. 2636, or visit: www.hudsonworkforce.org Hudson County Executive Tom DeGise & The Board of Chosen Freeholders

 

 

For more information CLICK HERE

Free Entrepreneur 101 Course

Learn if you have what it takes to start and run a successful small business!

The County of Hudson Office of Minority and Women Business Enterprise and Department of Parks and Community Services presents FREE Entrepreneurship 101 Course conducted by UCEDC, a statewide, nonprofit economic development corporation.

UCEDC_Entrepreneurship_Flyer_

Thinking about starting your own business?

Whether you’re looking to start a business or are a business owner looking to develop an effective business model, you don’t want to miss out on this opportunity.

Join us for an Information Session for our upcoming Hispanic Entrepreneur Training Program!

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