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LAEDA FAQ's

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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.

LAEDA was incorporated on December 31, 1987.

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.

LAEDA's Administrative Offices are located at 433 Market Street, Suite 202- 2nd Floor Camden, NJ 08102.

LAEDA's programs are geared towards low and moderate-income residents and small business owners of Camden City and similiar cities in South Jersey, 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.

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 6:00 PM to 8:30 PM at LAEDA's Training Center.

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

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.

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 202- 2nd Floor, Camden, NJ 08102 
 
Phone #:
856.338.1177
 
President & CEO:
Raymond L. Lamboy
 
Chairman of the Board:
Mariluz Gonzalez