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NEW BRUNSWICK COMMUNITY ECONOMIC DEVELOPMENT CORPORATION/COOP (CDC)START UP GUIDE RAWPIXEL.COM/SHUTTERSTOCKAuthored by Sonia MTA and Wendy Keats Cooperative Enterprise Council of New BrunswickTABLE
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Research and understand the mission and goals of community economic development corporations (CEDCs).
02
Identify the required documentation needed to apply for membership or partnership with the CEDC.
03
Complete the application forms accurately and truthfully.
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Attend any required interviews or meetings with the CEDC board or members.
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Provide any additional information or references as requested by the CEDC.
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Follow up on the status of your application and be prepared to participate in CEDC activities once approved.

Who needs community economic development corporations?

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Individuals looking to support local economic growth and development in their communities.
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Small businesses seeking resources, funding, or guidance to grow and succeed.
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Local government entities interested in promoting economic development initiatives within their jurisdictions.
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Nonprofit organizations working to address social and economic challenges in their communities.
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Community economic development corporations are non-profit organizations that work to improve the economic well-being of a specific area or community by providing jobs, investing in local businesses, and supporting community development initiatives.
Community economic development corporations are typically required to file with the appropriate state or federal regulatory agencies, depending on the jurisdiction in which they operate.
Filling out the required forms for community economic development corporations typically involves providing information about the organization's mission, structure, activities, and financial health. This information is usually submitted to the relevant regulatory agency in the form of an annual report.
The purpose of community economic development corporations is to support economic growth and development in a specific community by creating jobs, promoting local businesses, and investing in infrastructure and other community development projects.
Information typically reported on community economic development corporations includes financial statements, board membership, organizational structure, activities and achievements, and any other relevant information required by regulatory agencies.
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