NDD Economic Development

City of Newark Department of Economic and Housing Development

The mission of the Department of Economic and Housing Development is to create economic opportunity for Newark residents and enhance the vibrancy of the city. To this end, the department seeks to position Newark to take advantage of its unique assets, including its strategic location, a diverse and underutilized workforce, a large amount of developable land, concentration of corporate and business service firms, several major universities, and a wealth of arts and cultural assets. 

The New Jersey Economic Development Authority (NJEDA)  

The New Jersey Economic Development Authority (NJEDA) grows the state’s economy and increases equitable access to opportunity by supporting high-quality job creation, catalyzing investment, and fostering vibrant, inclusive community development.  NJEDA works in partnership with a diverse range of stakeholders to implement programs and initiatives that improve quality of life, enhance economic vitality, and strengthen New Jersey’s long-term economic competitiveness.

Data Source: Annual Reports 

More reports can be found here 

Click here to learn more about the NJEDA Financing and Incentive Programs 

Invest Newark  

Invest Newark is a dedicated team of expert planners, economists, and innovators who are driven to insure all Newarkers have the resources to thrive. Invest Newark is not a typical development agency; it goes above and beyond to support smaller minority businesses, invest in world class internet service, to maintain intense focus on equity and sustainability.

Invest Newark’s products include the following:

  • Small business support including financing
  • Real estate development support including financing and a real estate land bank
  • Assistance with Newark Fiber – Newark’s high-speed Internet platform

Data Source: Click the following links:

  1. Business Assistance Financial Support form
  2. Land Bank

Inside Newark

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