NewsFlash
Winter 2017
Loan Sale for Women Business Owners, Quick Pitch Winner, New Workshop for Slow-Growth Businesses,
SBA Administrator Visits UCEDC and more...
SBA Administrator Visits UCEDC
Linda McMahon, administrator of the US Small Business Administration (SBA) has been on a nation-wide listening tour, meeting with small businesses to hear their concerns and suggestions about the business climate. When it was time to come to New Jersey, Ms. McMahon asked UCEDC to host her session and to help bring together knowledgeable and outspoken small business owners.

SBA Administrator Linda McMahon (center) with attendees of her small business round table held at UCEDC headquarters.
Tory Burch Loan Sale for Women Business Owners

Get a 2% discount on your interest rate
Up to $50,000 | Fixed for six years

Thanks to global design sensation Tory Burch and the Tory Burch Foundation Capital Program, powered by Bank of America, we are offering a two point discount on interest rates for loans up to $50,000 exclusively for Women-Owned Businesses. If you've been in operation for at least two years, this is a great opportunity to get the affordable capital you need. And, you can save thousands over the life of the loan! 
Meet our Newest Quick Pitch Winner

Gwendolyn Monangai recently took the top spot (and a $2,000 cash prize) at our 2017 Quick Pitch Competition , sponsored by Capital One Bank.

Open to graduates of our Entrepreneurship 101 6-week workshop, the competition is designed to give fledgling entrepreneurs a chance to hone their business ideas with the help of experts from the Bank.

Gwen’s start-up is Jonathan Senior Care, a residential dementia care home with a targeted location in Cedar Knolls. The 20-bed facility will be based on the practices and principles of  Dementia Village in the Netherlands .  That facility allows its residents full access to a sprawling, but safely secured village-like campus.

If you're not familiar with Guy Kawasaki, he first came to prominence as the marketing brain behind the Apple Macintosh computer back in the 80's. Guy possesses an extensive knowledge of innovation, entrepreneurship, social media, and marketing. First and foremost, he is an evangelist. The term comes from a Greek word that means "bringing the good news." 

Wise Guy distills Guy Kawasaki's decades of experience and thirteen books Into short lessons to help you succeed. Guy covers innovation, recruiting, fund raising, branding, and social media. Whether you're an entrepreneur, small-business owner, intrapreneur, or not-for-profit leader, you’ll get a ton out of this video series.
next level business planning
Intensive Workshop for Established Businesses Starts Soon

If your New Year's Resolution is going to be getting your small business on track for greater growth and profitability, then our upcoming Next Level Business Planning workshop is for you.

Over the course of six weeks, our business experts will will help you to identify the barriers keeping you from success and to craft a practical, real-world plan to overcome them.

Meet one of our recent graduates, Lisa Vodola, owner of Preschool Readers.
UCEDC Wins Another PRIME Training Grant

We're proud to report that we've been awarded our second $150,000 PRIME grant in three years. Program for Investment in Microentrepreneurs (PRIME) is an SBA initiative designed to support innovative training approaches for disadvantaged small businesses.

Be sure to check our Training Calendar for our 2018 schedule. We have classes posted for December and January, with many more to come.
New Focus on New Brunswick

We recently signed a contract with the City of New Brunswick to provide innovative lending and training services designed to support the City's micro-enterprises.

We'll be focusing our efforts on low-moderate income business owners, with workshops and loan programs that address their specific needs and challenges.

Our initiative will launch in January and more details will be announced then.
Looking for a Guest Speaker?
If there's one thing we love to do, it's talk about small business financing (yeah, we're nerds).

If your club, association, chamber or civic organization could benefit from a brief discussion of business financing options and the do's and don'ts of loan applications, we'll be happy to oblige. Just email Robin Preisler at rpreisler@ucedc.com to arrange for one of our loan officers or business experts to speak at your next meeting.

Sr. Loan Officer Ellen McHenry gets a token of appreciation from the Cranford Rotary Club.
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