NJEDA to Hold Monthly Office Hours Highlighting Innovation Programs

Office Hours will focus on Innovation Programs that benefit businesses and investors

TRENTON, N.J. (February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey Economic Development Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy. Alternating between in-person and virtual events, these will offer one-on-one sessions with the NJEDA’s Innovation team to discuss programs and networking opportunities with industry stakeholders.

“Governor Phil Murphy is committed to the longstanding success of New Jersey’s innovation economy, and under his administration, the NJEDA has enhanced and expanded its offerings to support the growth of innovative New Jersey companies,” said NJEDA Chief Executive Officer Tim Sullivan. “The new initiative announced today by the NJEDA’s Innovation team will ensure that businesses and investors contributing to the strength of the Garden State’s innovation community understand the range of resources the Authority offers and can leverage its support to thrive.”

Participation in office hours is encouraged for pre-seed, seed, early-stage, and growth-stage startup companies in the technology and life sciences industries, as well as investors seeking opportunities in innovative companies. Programs covered will include direct company investments, such as the Angel Match Program, and investor benefits, such as the Angel Investor Tax Credit Program. For a list of upcoming office hours, which will alternate monthly between in-person and virtual events, click here.

The first Innovation Programs Office Hours event will be held on February 23^rd at the NJEDA Bioscience Center in North Brunswick, and will provide an introduction to the NJEDA’s Innovation Programs. To register for an upcoming event, visit https://www.njeda.gov/innovation-office-hours/. For questions on future events and the NJEDA’s Innovation Programs, email innovation@njeda.gov.

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.

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