About UCEDC
UCEDC is a company based in Cranford (United States) founded in 1977.. UCEDC offers products and services including Affordable Loans, Training Programs, and Government Contracting Assistance. UCEDC operates in a competitive market with competitors including Adesso Capital, RedJay Capital and Swift SBF, among others.
- Headquarter Cranford, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ucedc Non-Profit Economic Development Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$237.26 K (USD), Grant
Dec 03, 2010
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Investors
U.S. Department of the Treasury
& 2 more
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Employee Count
Employee Count
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Products & Services of UCEDC
UCEDC offers a comprehensive portfolio of products and services, including Affordable Loans, Training Programs, and Government Contracting Assistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers flexible loans from $500 to $5.5 million with mentoring for businesses.
Provides free workshops and virtual incubators for entrepreneur development.
Delivers expert guidance for navigating government contracts and opportunities.
Funding Insights of UCEDC
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $237,264
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First Round
First Round
(12 Dec 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2010 | Amount | Grant - UCEDC | Valuation |
investors |
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| Aug, 2010 | Amount | Grant - UCEDC | Valuation |
investors |
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| Jun, 2009 | Amount | Grant - UCEDC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UCEDC
UCEDC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include U.S. Department of the Treasury, SBIR and Military Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Administers health care and support for military personnel and operations.
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Founded Year | Domain | Location | |
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Federal innovation and scientific achievement services are provided.
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Founded Year | Domain | Location | |
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The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UCEDC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - UCEDC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ucedc Comparisons
Competitors of UCEDC
UCEDC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Adesso Capital, RedJay Capital and Swift SBF, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides tax refunds, loans, and financial services to small businesses.
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| domain | founded_year | HQ Location |
Offers a platform for long-term loans and real estate financing solutions.
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| domain | founded_year | HQ Location |
Offers business loans, equipment financing, and working capital for SMEs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about UCEDC
When was UCEDC founded?
UCEDC was founded in 1977 and raised its 1st funding round 30 years after it was founded.
Where is UCEDC located?
UCEDC is headquartered in Cranford, United States. It is registered at Cranford, New Jersey, United States.
What does UCEDC do?
UCEDC was established in 1977 in Cranford, United States, as a provider in the financial services sector. Microcredit loans are extended to low-income entrepreneurs and small enterprises lacking conventional banking access. Operations center on facilitating economic growth through accessible financing options. The companys domain, ucedc.com, supports its outreach efforts. Services emphasize community development in the local geography, with a focus on sustainable lending practices.
Who are the top competitors of UCEDC?
UCEDC's top competitors include Adesso Capital, RedJay Capital and Swift SBF.
What products or services does UCEDC offer?
UCEDC offers Affordable Loans, Training Programs, and Government Contracting Assistance.
Who are UCEDC's investors?
UCEDC has 3 investors. Key investors include U.S. Department of the Treasury, SBIR, and Military Health.