It is important to fully understand how Mayor Ras Baraka is controlling business in Newark. Chief Financial Officer Kevin Seawright has been working on a plan that will help develop the cities near Newark develop faster. The main goal of his new business to help small businesses obtain the resources to grow and prosper. His plans will not only impact the downtown area, but the areas of interest uptown as well.
According to Angel.co, Kevin Seawright and his business have also gotten into the jewelry industry Seawright is currently loaning out money to qualified small businesses. They have not gotten into grant funding yet. The company has rebranded itself as Newark CEDC.
There are going to be a lot more changes coming to the company to shift the focus on helping the community. Seawright has managed the company since 2014. He admits it has been a fun journey thus far, but starting and growing a business is hard work. It takes a lot of dedication, capital, and human labor.
Newark CEDC continues to grow and open new doors. They now have their own loan specialist. She helps with pretty much everything related to finances such as reading over financials, calculating taxes and reporting credit. If clients are on a good financial path and look like they can be trusted, then loans are given out. All small businesses that have a good plan and dedicated employees should have the chance to grow. Not all businesses are born with the capital. The goal is to keep doors open.
Where do they get the funding? Newark CEDC managed by Kevin has a lot of partnerships with companies that have spending power. The company has agreed that all businesses are important and play an important role in the economy. Anybody that comes with a valid plan whether they are a minority or female.
Any business that wants support must be in Newark.
Kevin Seawright is a well known financial operations leader. He is an expert in everything finances and is trusted by many living on the east coast. Kevin Seawright provides a lot of resources beyond capital. He also offers governmental operations and outcome efficiency. Seawright continues to build upon business strategies and build accounting/finance divisions.