What is Electrical Installation & Design?
Electrical Installation & Design, Inc. (E.I.D.) is a licensed electrical contracting firm boasting more than 30 years of dedicated service in the electrical field. Recognized as a certified Woman Business Enterprise and Small Business Enterprise, E.I.D. prioritizes delivering personalized service and cost-effective solutions while maintaining high standards of quality. The firm is an active member of the National Electrical Contractors Association and partners with various New Jersey I.B.E.W. Locals, ensuring access to a skilled and experienced workforce for its diverse projects. E.I.D. is committed to meeting client needs and actively seeks inclusion on bidders lists for upcoming projects, positioning itself for continued engagement in the market.
How much funding has Electrical Installation & Design raised?
Electrical Installation & Design has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Electrical Installation & Design
PPP
Public-Private Partnership
What's next for Electrical Installation & Design?
With a substantial capital infusion indicated by $150K and a recent strategic investment of $150K, Electrical Installation & Design is poised for significant expansion and operational enhancement. As a late-stage company, this backing likely supports scaling its service offerings, potentially expanding its geographic reach, and investing in advanced technologies to maintain its competitive edge. The company's focus on quality, cost-effectiveness, and its established relationships within the industry suggest a strategic deployment of these funds to solidify its market position and pursue larger-scale contracting opportunities. Future developments may include enhanced project management capabilities and broader client acquisition efforts.
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