Greater Newark Enterprises Corp

Newark, NJ Doing business as Gnec

UEI
HCELYMBTH7P5
CAGE
4WP41
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
Entity structure
Corporate Entity (Tax Exempt)
SAM.gov registration date
Physical address
Enterprise Development Centers, 211 Warren St #409, Newark, NJ 07103, USA
Website
gnec.org
Founded
2005
Employees
1-10
Estimated annual revenue
$1M-$10M
Industry
  1. Financials
  2. Diversified Financial Services
  3. Financial Services
SIC code
61 Nondepository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

Latest 5 listed here. See the rest on GovTribe.

Grant subawards

Prime recipient Prime award Amount Awarded
Local Initiatives Support Corporation The purpose of this grant is: As part of the SBA Community Navigator Pilot Program (CNNP), will participate as a “SPOKE� in LISC… SBAHQ22CNP0004 $100,000

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About the company

Greater Newark Enterprises Corp (GNEC) is a 501(c)(3) certified Community Development Financial Institution (CDFI) that provides financial services, technical assistance, and support to disadvantaged microentrepreneurs and small businesses in Northern New Jersey. As a CDFI, GNEC helps underserved communities by offering an array of lending programs, credit building, marketing, accounting, and ideal lending options.

Through past federal grants, GNEC has provided financial and technical assistance services to small businesses and non-profits disproportionately impacted by the COVID-19 pandemic. This includes $500,000 in loans, grants, and investments to underserved borrowers and communities via a Project Grant from the Department of Treasury's Community Development Financial Institutions Fund Equitable Recovery Program. Additionally, GNEC received a $200,000 CDFI Rapid Response Program Project Grant enabling expanded COVID-19 related lending, counseling, and planning capabilities. GNEC also offers small business and financial technical assistance to microentrepreneurs through two AmeriCorps VISTA volunteers under a grant from Corporation for National and Community Service. As a subrecipient under the SBA's Community Navigator Pilot Program, GNEC provides pandemic relief and recovery services to 136 small businesses in Newark.

Quick answers

Is Greater Newark Enterprises Corp registered in SAM.gov?

Yes. Greater Newark Enterprises Corp's SAM.gov registration is active through July 29, 2027.

What is Greater Newark Enterprises Corp's most recent federal award?

Greater Newark Enterprises Corp's most recent federal grant award is To provide grants to community development financial institutions (cdfis) for the following purposes 1) to expand… (22ERP060816G), from Community Development Financial Institutions Fund, on April 10, 2023.

On GovTribe

See Greater Newark Enterprises Corp's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
  • Similar vendors