GNEC is a non-profit 501(c)3 corporation which provides entrepreneur development services in the form of workshops and business consulting to small businesses. For over 20 years GNEC has been a significant resource for small businesses in the Greater Newark, NJ area.
Urban Entrepreneurs Development Institute (UEDI)
GNEC’s Urban Entrepreneurs Development Institute, helps new business owners start their businesses and helps existing businesses develop plans to grow. The program provides the participants a working understanding of the fundamentals to operate a business, helps them develop business plans, and improves their business decision making skills. Those that are starting a business also learn the process for starting a business i.e. what to do, in what order and how.
During its existence GNEC has assisted hundreds of entrepreneurs via its workshops, business consulting and financial services and is regarded as one of the industry stellar programs. However, during the past few years the funding environment in GNEC’s industry has changed. Available funding dollars have contracted and funders now seek greater impact from the grants they provide.
As a result, GNEC must expand the reach of its services to new markets, needs to increase the number of clients served and must identify viable means to serve constituents who are not able to attend live workshops, all without significantly increasing its cost,
GNEC engaged The Prime Group to formulate viable options to solve their expansion and service delivery challenges.