Brick City Development Corp.

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Brick City Development Corp. (BCDC)

744 Broad Street, Suite 1110
Newark, NJ 07102

PH: 973-273-1040
www.BCDCNewark.org

Brick City Development Corporation (BCDC) is the primary economic development catalyst for Newark, New Jersey, organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development within the city.

As a business development company, we initiate and execute economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark. Our team serves as advocates within the city’s municipal structure and provides a hands-on client management approach.

Technical Assistance:

BCDC offers a small business training and technical assistance (TA) program for Newark residents and students. The TA program helps both new business owners open their doors or existing businesses to expand, with a special emphasis on assisting small, minority, and women entrepreneurs throughout the City.

Loans:

  • BCDC/NOUEZ Loan Fund
    The Newark Office of the Urban Enterprise Zone and Brick City Development Corporation Loan Fund was created as a $9,000,000 fund to expand the economic base of the City of Newark and improve the revitalization and health of businesses throughout the City’s Urban Enterprise Zone.
  • Grow Newark Fund
    The Grow Newark Fund provides financing to small, local, minority and women-owned business enterprises in Newark that do not meet the traditional eligibility requirements to receive small business bank loans.
  • BCDC Newark Fund
    The mission of the Fund is to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development by providing loans of up to $400,000 to Newark-based businesses. The Fund operates in partnership with New Jersey Community Capital.
  •  First Movers Fund
    The fund offers small business loans for real estate acquisition, working capital/inventory, construction, plant and equipment.