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Economic Development

 
Urban Enterprise Zone & Small Business Assistance
 

Urban Enterprise Zone

Ruth Anne Salau, Urban Enterprise Zone Coordinator
New Brunswick Department of Planning,
Community and Economic Development
Civic Square
25 Kirkpatrick St.
PO Box 269
New Brunswick, NJ 08903-0269
Phone: (732) 745-5050
Fax: (732) 565.7532

Business Plan Writing Assistance

New Brunswick offers free business plan assistance, including how-to materials and consultation to discuss issues common to starting a business, obtaining financing and marketing a business. It has been estimated that 4 out of 5 start-up businesses fail within the first two years. Business professionals don’t plan to fail; they simply fail to plan. It is important that business owners create a business plan by which they can determine the feasibility of their venture and weigh their business’ performance.We can help you create a plan.


Site Location Assistance

We work closely with local commercial real estate brokers and property owners to identify available retail, office and industrial space available for rent. We can provide businesses with leads on these properties and help facilitate securing new space.

Other Economic Development Assistance

New Jersey Small Business Development Center

The New Jersey Small Business Development Center network is part of a national partnership between the state and federal government, the private sector, and colleges and universities (particularly Rutgers Graduate School of Management). The program is designed to provide the highest quality of business assistance services to established enterprises and promising new starts, with the objective of increased employment and greater contribution to the state and federal treasuries. A variety of educational and business resources are used to counsel and train small business owners as they deal with financing, marketing and managing their companies. Clients are assisted in determining the feasibility of their business ideas, developing business plans, cash flow projections, financial statements, and marketing strategies. For more information, contact:

Middlesex Small Business Development Center
1 JFK Square, 1st Floor
New Brunswick, NJ 08901
Phone: (732) 745-5836
Fax: (732) 745-5911

Web Site: http://www.nj.com/smallbusiness

New Jersey Economic Development Authority

The NJEDA provides financing to businesses for the purchase of equipment or real estate, plant renovations, seed capital, working capital and debt refinancing. The NJEDA also provides export financing, consultation assistance to qualified manufacturers and financial incentives for job creation and businesses relocating to New Jersey. Direct Loans: up to $500,000. Loan Guarantees: up to $1,500,000 at market rate and Bond Financing for a minimum of $1,000,000, at below-market interest rates. For more information about the NJEDA, contact:

New Jersey Economic Development Authority
P.O. Box 990
Trenton, NJ 08625-0990
Phone: (609) 292-1800
Web Site: http://www.njeda.com
 

Middlesex County Office of Economic Development

The Middlesex County Office of Economic Development is the primary contact agency for businesses and entrepreneurs seeking locations or assistance within its boundaries. The Office acts as a liaison between local businesses, the lending community, realtors and commercial property owners, and can put companies in touch with agencies that help businesses in the areas of abatement programs, loan programs, skills training, market research, management consulting, and other forms of assistance. For more information, contact:

Middlesex County Office of Economic Development
1 JFK Square, 1st Floor
New Brunswick, NJ 08901
Phone: (732) 745-3433
Fax: (732) 745-5911
Web Site: http://co.middlesex.nj.us

New Jersey Association of Women Business Owners

Founded in 1978, the New Jersey Association of Women Business Owners (NJAWBO) is the only organization committed solely to the concerns of women business ownership. NJAWBO provides the information, affiliates, resources, and support needed to ensure sound business practice and stable, long-term success. NJAWBO offers opportunities to: maximize business growth and profitability; expand contacts through networking opportunities; gain publicity and achieve recognition; participate in educational and informational workshops; learn management methods and leadership skills; affect legislative issues which concern business; and capitalize on group rates for goods and services. For more information, contact:

New Jersey Association of Women Business Owners
Phone: (732) 560-9607 to find the chapter nearest you, or
Web Site: http://www.njawbo.org