New Women Business Center in Camden NJ Celebrates Grand Opening Today

The Latin American Economic Development Association (LAEDA) announces the opening of South Jersey’s first Women Business Center (WBC). Funded in part through an agreement with the U.S. Small Business Administration, the new LAEDA Women’s Business Center will provide training and counseling to socially and economically disadvantaged women in Camden and rest of South Jersey to start or expand their small businesses. Women are offered training and counseling in finance, management, marketing, as well as how to access credit and federal procurement contracts. The programs are offered in person and on line, in English and in Spanish.

“The mission of LAEDA Women’s Business Center is to level the playing field for women entrepreneurs,” said Raymond L. Lamboy, President and CEO of LAEDA. “I’m confident our center will prove to be a valuable service to potential women business owners.”

The Small Business Administration (SBA) initiated their Women’s Business Center Program in 1988 to help women overcome deep-rooted barriers to success and financial parity. Today, there are Women’s Business Centers in nearly every state. In 2015, those centers assisted nearly 150,000 women nationwide.

WHAT: Grand Opening and Logo Unveiling of LAEDA Women’s Business Center, South Jersey’s first Women’s Business Center (WBC).

WHO: Congressman Donald Norcross, Reps. from Senator Booker and Senator Menendez Office, Mayor Dana L. Redd, Reps. from LAEDA and U.S. Small Business Administration; LAEDA’s training program graduates, now successful entrepreneurs

WHERE: LAEDA, 433 Market Street, Camden NJ (Corner of Market Street and 5th Street)

WHEN: Monday, June 13, 10:30 A.M.

LAEDA is a non-profit economic development organization dedicated to creation of small business ownership opportunities. Established in 1987, it is the only bilingual, bicultural organization providing entrepreneurial training and technical assistance in the area. Since 1990, its Entrepreneurial Development Training Program (EDTP) has graduated 996 participants, leading to 558 new businesses, generating 1,245 jobs. Fifty-three percent of its alumni are African American; 43% are of Latino descentla