Growing Opportunities Across South Jersey

THRIVE South Jersey deploys flexible, affordable capital and technical assistance to generate quality jobs and improve economic opportunities across a four-county area in South Jersey, including Cumberland, Gloucester, Salem, and Western Atlantic counties.

NJCC partnered with the Pascale Sykes Foundation in December 2014 to launch THRIVE, an economic initiative developed to address the challenges of poverty and unemployment in the targeted four-county region as part of Pascale Syke’s South Jersey Strengthening Families Initiative. THRIVE aims to deploy flexible, affordable capital and capacity building assistance to generate quality jobs and improve economic opportunity across the four-county area.

South Jersey has many unique assets: a robust agricultural industry, strong historic and cultural heritage, and a rich regional identity. At the same time, South Jersey faces its share of adversities: the loss of industrial and manufacturing jobs, the continuing impacts of the foreclosure and economic crises of the late 2000s, and the more recent loss of jobs in the gaming and hospitality industries. Despite their challenges, these communities are tremendously resilient.

THRIVE addresses these challenges with two complementary approaches:

Financing

THRIVE utilizes a variety of financial products, such as loans, credit enhancements, and equity investments, to support and expand economic development and job creation initiatives in the four-county area. This capital may be used to support commercial real estate, create affordable or mixed-income housing, or build community facilities. THRIVE also provides working capital to businesses to support the creation of jobs and address local community needs (such as healthcare providers, fresh food outlets, or arts facilities).

Capacity Building

THRIVE embraces a comprehensive approach, offering capacity building support in designing effective projects, programs, and strategies that improve the economic wellbeing of the region, especially for struggling families. Economic development is most effective when low- and moderate-income residents are well-connected to quality job opportunities. THRIVE supports institutions and agencies implementing workforce development initiatives that better connect economic development projects to regional support resources, such as One-Stop Centers, Workforce Investment Boards, community colleges, and other organizations.

Grant Applications

2018 Special Grant Program for Community Development

Please submit completed application to 

lwallick<at>njclf.com

Get in Touch

For more information, contact Laura Wallick at 267.397.1605 or

lwallick<at>njclf.com