The job creating entity (JCE) is the project company that receives the EB-5 investors' EB-5 capital from the New Commercial Enterprise (NCE) and actually creates the minimum 10 jobs per EB-5 investor.
In direct EB-5 investments, the NCE and JCE are typically the same entity and the EB-5 investor is actively involved in the decision-making or daily management of the business. In direct, the NCE/JCE may only count direct jobs.
In Regional Center investments, the NCE and JCE are usually separate entities, where the latter is responsible for the development of the project. The advantage is that the JCE is able to count direct, indirect, and induced jobs to satisfy the job creation requirement.