Dr. Justin Deng, Assistant Professor of Accounting, stands as a pillar of support and guidance in his dedicated service with LAEDA (Latin American Economic Development Association). Dr. Deng’s journey with LAEDA, spanning from 2019 to 2022, has been marked by a profound commitment to fostering economic empowerment within the Camden community.
LAEDA, a non-profit organization devoted to nurturing entrepreneurship, has been a cornerstone of Camden’s business ecosystem for over three decades. Dr. Deng’s collaboration with LAEDA commenced with a visionary endeavorโa comprehensive feasibility study aimed at assessing the viability of establishing a commissary kitchen in Camden. Recognizing the barriers food entrepreneurs face in launching their ventures, Dr. Deng, with LAEDA’s CEO Ray Lamboy, explored this innovative solution.
The envisioned commissary kitchen holds the promise of mitigating the financial burdens associated with launching a food-related enterprise. By providing access to commercial kitchen space and professional-grade equipment on an hourly rental basis, this initiative offers a lifeline to budding entrepreneurs, minimizing startup costs and risks. Dr. Deng’s role in spearheading this feasibility study was pivotal, encompassing a thorough market survey, analysis of regional competitors, and meticulous cost estimation.
While the journey towards realizing the commissary kitchen is ongoing, LAEDA remains steadfast in its pursuit, driven by Dr. Deng’s foundational groundwork and unwavering dedication. Beyond his initial involvement, Dr. Deng continues to contribute his expertise as a member of LAEDA’s board of directors, where he lends invaluable insights and financial acumen as part of the Finance Committee.
Dr. Justin Deng’s journey exemplifies the transformative power of dedication and collaboration in driving meaningful change. Through his contributions with LAEDA, he continues to inspire a future where entrepreneurship serves as a catalyst for community prosperity and resilience.