Equitable Small Business Initiative announces $5M commitment to Black-owned businesses
Access to capital continues to be an issue in underserved communities. The African American Chamber of Commerce of New Jersey and New Jersey Community Capital are trying to fix that.
The two groups announced Thursday...
Jersey City (again) is named most diverse city in U.S.
New Jersey prides itself in having one of the most diverse populations in the country. It also has the most diverse city.
Jersey City was selected as the most ethnically diverse city in the country...
‘Developing while Black’: Newark group attempting to increase opportunities
Anthony Smith, the executive director of the Lincoln Park Coast Cultural District in Newark, knows a thing or two about the prevalence of Black real estate investments firms.
Simply put, he knows how few there...
Nonprofit Profile: New Community Corp., making a difference in the inner city
In brief
Location: 233 W. Market St., Newark
Serving: Greater Newark area.
Key members: Richard Rohrman, CEO; Fred Hunter, chief operating officer; Elizabeth Mbakaya, chief financial officer.
Origin
New Community Corp. is a best-in-class community development corporation, or CDC,...
Pascale Sykes Foundation commits $1M to help expand opportunities for Black business enterprises
In an effort to increase the availability of capital to Black business enterprises, the Red Bank-based Pascale Sykes Foundation is making $1 million available for low-interest loans through a donation to New Jersey Community...
EDA to partner with Philly Fed in effort to help minority businesses
The New Jersey Economic Development Authority and the Federal Reserve Bank of Philadelphia announced Monday that they have signed a Memorandum of Understanding to create a Research in Action Lab on the topic of...
Two dozen-plus N.J. companies on Best Places to work for LGBTQ Equality list
More than two dozen companies with headquarters in New Jersey were among 767 companies nationwide to earn a 100% rating and be recognized as a 2021 “Best Place to Work for LGBTQ Equality,” by...
6 companies in N.J. make Bloomberg’s global Gender-Equality Index
New Jersey-based companies BD, Campbell Soup Co., Merck, Novartis, Prudential Financial and Unilever are among 380 companies worldwide that have been named to the 2021 Bloomberg Gender-Equality Index.
The index, in its fourth year, recognizes...
Ørsted’s trust details $15M grant program to help women-, minority-owned businesses join green energy...
As Ørsted Offshore North America makes a significant investment and involvement in New Jersey, CEO David Hardy said the green energy company wants to make sure it’s offering opportunities for small women- and minority-owned...
Devils to begin accepting applications for ‘Buy Black’ program today
The New Jersey Devils, in conjunction with the celebration of Martin Luther King Jr. Day on Monday, will begin accepting applications for the Devils Buy Black program, one of the key initiatives of Harris...
