The Center for Technology, Enterprise & Development, Inc. was incorporated in October 1992 as a non-profit charitable and educational Community Development Corporation (CDC) organization pursuant to Section 501 c(3) of the Internal Revenue Code.

Our purpose is to address the concerns of housing, crime management, employment and economic development by facilitating revitalization in the community while creating safe and affordable residential environment and building a professional technical development and support center, known as the "Business Incubator" to train and nurture tenants, students and other business people in the target area.