Last week, Localtalkmedia.com sat down to interview newly-appointed CEO of Newark’s Community Economic Development Corporation (CEDC). Seawright was installed in the position about six months ago. The new and improved organization was reopened after a five-year hiatus to reorganize and regroup.
According to Seawright, the former Brick City Development Corporation was not fulfilling its original purpose to the community. “This organization was established to help build minority-owned businesses,” said Seawright when speaking to LocalTalkNews. “We now have a new set of goals and new direction.”
The CEDC helps inner-city would be business owners get their business off the ground with loans, training courses and seminars. Seawright assures the clients that the money isn’t a freebie. “We will help you with your business plan, and anything else the client needs. But they have to work for it.” Bringing prosperity back to the community is the organization’s number one priority, according to Seawright. He feels that the newly-revamped organization is fulfilling that goal.
Seawright has over 15 years of experience working with the federal and state government. Before his tenure at the CEDC, he worked for the city of Baltimore. While working for the Office of Retirement and Aging, he implemented an accounting program that helped them save over $100,000.
He also worked with Baltimore’s park service, Housing and Human Development and other local organizations.
Seawright says it has always been his goal to help people who may not have the resources to do it by themselves. “Everyone needs a little help from time to time” said Seawright.
Seawright is a member of the Black Public Accountants and the Society of Black Administrators.