Community-Driven Finance.
Community-Wide
Impact.
A New Jersey- based CDFI
REEF (Ripple Effect Entrepreneur Fund) provides financial, advisory and technical support to entrepreneurs and small business owners in New Jersey, catalyzing success across the community.
MISSION
Successful businesses
Successful businesses
create successful communities
We at Ripple Effect Entrepreneur Fund (REEF) are on a mission to fuel prosperity in the community around us, one business at a time. With the right support, entrepreneurs and businesses can grow and prosper, positively affecting the economic ecosystem around them.
Services
Comprehensive Support
Access to Capital
Small business loans and connections to partner banks and loan programs.
Business Advice
Volunteer professionals provide hands-on guidance and technical assistance.
Strategic Connections
Introductions to experts, suppliers, and resources through our network.
Career Coaching
One-on-one support from resume building to career planning and interview prep.
Job Placement
Connecting job seekers with employers through thoughtful matchmaking and strong partnerships.
Financial Education
Workshops and coaching on money management, budgeting, and investment basics.
Free Workspaces
Professional meeting spaces, conference rooms, and offices available at no cost.
Adopt an Intern Program
Creating first chances for candidates facing employment barriers.
Economic Opportunity
for All
REEF serves entrepreneurs in low- to moderate-income communities throughout New Jersey, with a particular focus on minority-owned businesses, women entrepreneurs, and those who face barriers to traditional financing. By supporting those who are often overlooked by conventional lenders, we create pathways to economic stability and generational wealth.
The result: stronger businesses, more jobs, higher household incomes, and measurable impact throughout the community.
The result: stronger businesses, more jobs, higher household incomes, and measurable impact throughout the community.
90%
53%
Our Team
Board of Directors
Jacob Halpern
FounderRabbi Yisroel C. Blumenthal
Board MemberZev Hirshfeld, CPA
Board MemberConnie Friedland
Board MemberAdele Rosenberg
Board MemberPerel Hoberman
Executive DirectorSenior Staff
Ben Pruzansky
Career Services DirectorEsty Penfil, CPA
ControllerEsti Kernerman
Business ServicesNechama Reisman
Career ServicesLeah Kugielsky
Job PlacementChaya Edelstein
Loan CoordinatorSara Golish
Financial LiteracyChayala Gutterman
Community ProjectsBeryl Sitzer, CPA
Financial Literacy InstructorBaruch Terebelo, CFP
Financial Literacy InstructorYehuda Kalish
Financial Literacy InstructorArye Pruzansky
Career ServicesMatis Levy
Employment LiaisonNicole Paterno
AdministrationGet Involved
Like what REEF is doing?
There are many ways you can take part.
Like what REEF is doing?
There are many ways you can take part.
Entrepreneur seeking capital or guidance?
Partner with us
Get in touch to discuss corporate partnerships, community investment, and the collaborative funding opportunities REEF offers.
