NCEDC is working with Newark’s largest anchor institutions to steer procurement to Newark’s network of business vendors. In 2015, Initiative for a Competitive Inner City, published a report that examined the capital spending of six of the largest anchor institutions in the city. According their findings nearly $810 million is procured annually, but “just over three percent, or $27.2 million, was spent purchasing good and services from Newark businesses.
In an effort to revitalize businesses in Newark, we are looking for qualified businesses that can meet the procurement requirement contracts of many of Newark’s businesses. Please fill out the form below to set up a meeting with our Business Development team.