Empowering People
& Revitalizing the Community

You are here > About>FAQ's

LAEDA FAQ's

Collapse All Expand All
Click here to expand contentClick here to collapse content  What does LAEDA do?
LAEDA is a nonprofit 501 (c) (3) organization that promotes economic development and job creation in Camden City and Camden County, through entrepreneurial training, redevelopment of commercial real estate, commercial district revitalization initiatives and  business counseling and technical assistance.
Click here to expand contentClick here to collapse content  When was LAEDA founded?

LAEDA was incorporated on December 31, 1987.

Click here to expand contentClick here to collapse content  What is LAEDA's mission statement?

LAEDA's mission is to promote economic development to include the economically disadvantaged, primarily minorities, in the Delaware Valley, primarily the City of Camden, New Jersey.

Click here to expand contentClick here to collapse content  Where is LAEDA located?

LAEDA's Administrative Offices are located at 433 Market Street, Suite 100, Camden, NJ.

Click here to expand contentClick here to collapse content  Who does LAEDA help?

LAEDA's programs are geared towards low and moderate-income residents and small business owners of Camden City and Camden County, regardless of race, color, sex, creed and religion.

All other programs are offered to the general public regardless of race, color, sex, creed and religion.
Click here to expand contentClick here to collapse content  How often do you hold your Entrepreneurial Training Program?

The Entrepreneurial Development Training Program (EDTP) is held three times a year in nine-week blocks. Training is provided during the Winter, Spring and Fall. Classes are held Monday, Tuesday and Wednesday from 5:30 PM to 8:00 PM at LAEDA's Training Center.

Click here to expand contentClick here to collapse content  Does LAEDA provide loans to help start businesses?

No, LAEDA does not provide loans. LAEDA has established relationships with commercial lenders throughout the Delaware Valley to assist small business owners in obtaining the financing they need. See LAEDA’s LAEDA Business Services Center page for more details on

Click here to expand contentClick here to collapse content  Do grants for starting a small business exist and how can I get one?

Unfortunately, there are no grants to start small businesses. There are business plan competitions that award small cash grants to assist in the startup or expansion of a business. As a rule of thumb, there are no grants to fund the entire start up of a small business.

Click here to expand contentClick here to collapse content  I need space for my business, can you help me?

LAEDA does own and operate several commercial properties in Downtown and East Camden. Contact LAEDA’s offices at 856-338-1177. 

LAEDA does work with a network of realtors to refer businesses who need assistance in locating commercial real estate. See the LAEDA Business Services Center pager for more details.

Fast Facts

 Founded:
December 31, 1987, as a 501(c)(3) organization 
 
Focus:
Economic Development 
 
Location:
433 Market St. Suite L100, Camden, NJ 
 
Phone #:
856.338.1177
 
President & CEO:
Raymond L. Lamboy
 
Chairman of the Board:
Mariluz Gonzalez

Terms Of Use | Privacy Statement | Login
Latin American Economic Development Association
Designed & Developed by Kronos Technologies, in the USA!