now accepting applications for cannabis seed equity grant program

The NJEDA is now accepting applications for the Cannabis Seed Equity Grant Program. This program will award $150,000 to eligible conditional and annual New Jersey recreational cannabis license holders for operational costs and technical assistance.

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Now accepting applications for Historic Property reinvestment program

The Historic Property Reinvestment Program is a $50 million competitive program to leverage the federal historic tax credit program to support rehabilitation projects of identified historic properties.

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NJ CAPITAL ACCESS FUND

Developed by the NJEDA, the NJ Capital Access Fund provides working capital with fixed interest rates and flexible spending guidelines, so you have the freedom to achieve more and to plan your business’s bright future.

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now accepting applications for Angel match program

The NJEDA is now accepting applications for the Angel Match Program. This program matches angel investors’ direct investment in early-stage, product-based technology companies within targeted industries on a 1-to-1 basis with unsecured convertible notes ranging from $100,000 to $500,000.

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New Jersey Economic Recovery ACt

Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020 (ERA) into law on January 7, 2021. The ERA creates a seven-year, $14 billion package of tax incentive, financing, and grant programs that will address the ongoing economic impacts of the COVID-19 pandemic and build a stronger, fairer New Jersey economy. The public is invited to provide feedback on draft program rules.

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News & Updates

Press Release
November 28th, 2023

NJEDA Opens the NJ Capital Access Fund

TRENTON, N.J. (November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.
Press Release
November 21st, 2023

NJEDA’s $4M Innovative E-Commerce Program has Helped over 150 Small Businesses Expand Online Presence

TRENTON, N.J. (November 21, 2023) – Earlier this year, the New Jersey Economic Development Authority (NJEDA) launched a new $4 million pilot program that provides free e-commerce and digital marketing consulting services to New Jersey small businesses.
Press Release
November 21st, 2023

NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

TRENTON, N.J. (November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers.
Press Release
November 17th, 2023

New Aspire Rules Aimed to Strengthen Affordable Housing & Expand Eligibility Approved by NJEDA Board

TRENTON, N.J. (November 17, 2023) – The New Jersey Economic Development Authority’s (NJEDA) Board yesterday approved the adoption of new rules for the Aspire Program aimed to spur development and increase affordable housing in communities across the state.
Press Release
November 16th, 2023

Governor Murphy Announces Letter of Intent for Proposed Life Sciences, Health Care, and Tech Innovation Hub in Jersey City

JERSEY CITY, N.J. (November 16, 2023) – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and SciTech Scity LLC (“STS”), have signed a non-binding letter of intent to form a limited liability company to be called “Edge Works.”
Press Release
November 16th, 2023

NJEDA Board Approves Program Aimed to Reduce Greenhouse Gas Emissions

TRENTON, N.J. (November 16, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of a new pilot program that will provide grants to commercial building owners and tenants undertaking retrofit construction projects that reduce greenhouse gas emissions from existing commercial buildings.
Press Release
November 15th, 2023

Governor Murphy Commits Over $5.5M to Strengthen Food Access in Atlantic City

TRENTON – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) will commit over $5.5 million in funding to support a multi-faceted approach to immediately expand access to fresh, healthy grocery shopping options for Atlantic City residents.
Press Release
November 14th, 2023

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, November 21, 2023, at 11:00 am.
Press Release
November 13th, 2023

NJEDA Launches Second Phase of Cannabis Equity Grant Program

TRENTON, N.J. (November 13, 2023) —The New Jersey Economic Development Authority (NJEDA) announced today that the application for Phase II of its Cannabis Equity Grant Program will open on November 30, 2023, at 10:00 a.m.
Press Release
November 9th, 2023

NOTICE OF NJEDA BOARD MEETING – 11/16/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Thursday, November 16, 2023, at 10:00 am.
Press Release
November 6th, 2023

NJEDA to Open Applications for Historic Property Reinvestment Program

TRENTON, N.J. (November 6, 2023) – The New Jersey Economic Development Authority (NJEDA) will open applications for the next round of funding for the Historic Property Reinvestment Program (HPRP) on Wednesday, November 29th.
Press Release
October 27th, 2023

NOTICE OF CSIT BOARD MEETING – 11/03/2023

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, November 3, 2023, at 10:00 am.
Press Release
October 24th, 2023

NJEDA, NJDOE, and NJDOBI sign Memoranda of Understanding with Taiwan

TAIWAN (October 24, 2023) – New Jersey Economic Development Authority (NJEDA) Chief Executive Officer Tim Sullivan and representatives of the New Jersey Department of Education (NJDOE) and the New Jersey Department of Banking and Insurance (NJDOBI) finalized three memoranda of understanding (MOU) with Taiwan.
Press Release
October 18th, 2023

New Jersey Economic Development Authority and Yangcheon-gu Public Health Center Partner to Advance First Lady Tammy Murphy’s Nurture NJ Initiative

SEOUL, SOUTH KOREA (October 18, 2023) — New Jersey First Lady Tammy Murphy and New Jersey Economic Development Authority (NJEDA) Chief Executive Officer Tim Sullivan today visited the Maternal and Child Health Promotion Center within the Yangcheon-gu Public Health Center.
Press Release
October 18th, 2023

CSIT to Host Informational Webinars on Programs Aimed to Support Innovative, Clean Tech Startups

TRENTON, N.J. (October 18, 2023) – The Commission on Science, Innovation and Technology (CSIT) will host two informational webinars to outline several programs that are aimed to support innovative, early-stage, and clean teach startups across the state.
Press Release
October 13th, 2023

NJEDA Continues Momentum of Aspire Program with Approval of $20M in Tax Credits for Senior Residential Developments

TRENTON, N.J. (October 13, 2023) – The New Jersey Economic Development Authority (NJEDA) Board yesterday approved two additional senior residential development projects for Aspire awards.
Press Release
October 12th, 2023

NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle

TRENTON, N.J. (October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF).
Press Release
October 12th, 2023

NJEDA Board Approves Creation of the Local Property Acquisition Grant Program

TRENTON, N.J. (October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Local Property Acquisition Grant Program.
Press Release
October 12th, 2023

NJEDA Expands Food Desert Relief Tax Credit Auction to $15M

TRENTON, N.J. (October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) is increasing the amount of tax credits available to $15 million through the Food Desert Relief Tax Credit Auction.
Press Release
October 10th, 2023

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, October 17, 2023, at 11:00 am.
Press Release
October 5th, 2023

NOTICE OF NJEDA BOARD MEETING – 10/12/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Thursday, October 12, 2023, at 10:00 am.

Press Release
October 3rd, 2023

NJEDA Announces $12 Million Funding to 48 Cannabis Equity Grant Awardees

Bloomfield, N.J. (October 3, 2023) —Today, New Jersey Economic Development Authority Chief Executive Officer, Tim Sullivan, and Chief Community Development Officer, Tai Cooper, joined Bloomfield Mayor, Michael J. Venezia, along with representatives of the New Jersey Cannabis Regulatory Commission (NJCRC) to announce the awarding of $12 million of grant funding.

Press Release
October 2nd, 2023

NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023

TRENTON, N.J. (October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 million in private investment as supported in 2023 by the New Jersey Angel Investor Tax Credit Program (ATC).
Press Release
October 2nd, 2023

NJEDA to Announce Cannabis Grant Awardees & Major New Funding

TRENTON, N.J. (October 2, 2023) – Tomorrow, Tuesday, October 3, 2023, the New Jersey Economic Development Authority (NJEDA) will host a press conference to announce the recipients of the $250,000 Joint Ventures Grants and provide a funding update for its Cannabis Equity Grant Program.
All NEWS & Updates

Upcoming Board Meetings

December
14
10:00 am
Thursday

December 14, 2023

NJEDA Board Meeting

NJEDA Board Room, 36 West State Street, Trenton, NJ Teleconference: 877-692-8955 Conference ID: 4204420

Past Board Meetings

November 16, 2023

NJEDA Board Meeting

October 12, 2023

NJEDA Board Meeting

September 12, 2023

NJEDA Board Meeting

July 26, 2023

NJEDA Board Meeting

June 14, 2023

NJEDA Board Meeting

May 10, 2023

NJEDA Board Meeting

April 12, 2023

NJEDA Board Meeting

March 8, 2023

NJEDA Board Meeting

February 8, 2023

NJEDA Board Meeting

January 18, 2023

Special Telephonic NJEDA Board Meeting

All Board Meetings

EVENTS CALENDAR

QR code to registration page https://njeda.zoom.us/webinar/register/WN_Slx6NCjcRmW-jAlwFP7QoA.
Featured
7
2:00 pm
Free Event
Thursday

December 7, 2023

Info Session: CSIT Clean Tech Seed Grant, Round 3

The New Jersey’s Commission on Science, Innovation, and Technology (CSIT) is launching Round 3 of the Clean Tech R&D Seed Grant Pilot Program and Catalyst R&D Seed Grant Pilot Program. Grant amount is up to $75,000 per award. The CSIT …
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5
9:30 am
Free Event
Tuesday

December 5, 2023

Show Me The Resources!

Days Hotel by Wyndham Toms River Jersey Shore 290 New Jersey 37 #E, Toms River, NJ 08753
Meet the staff from the New Jersey Economic Development Authority (NJEDA) and SBDC! Gain valuable information on resources for small businesses, the economic benefits of local film production, clean energy, and much more. Tuesday, December 5, 2023 from 9:30 to …
7
2:00 pm
Free Event
Thursday

December 7, 2023

Info Session: CSIT Clean Tech Seed Grant, Round 3

The New Jersey’s Commission on Science, Innovation, and Technology (CSIT) is launching Round 3 of the Clean Tech R&D Seed Grant Pilot Program and Catalyst R&D Seed Grant Pilot Program. Grant amount is up to $75,000 per award. The CSIT …
14
10:00 am
Free Event
Thursday

December 14, 2023

NJEDA Board Meeting

NJEDA Board Room, 36 West State Street, Trenton, NJ Teleconference: 877-692-8955 Conference ID: 4204420
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PROPOSALS ARE DUE BY: May 22, 2023 2:00PM(ET)

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