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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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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New Jersey Rise program

New Jersey Re-assigning In State Employees (NJ RISE) is a new program to incentivize businesses to re-assign New Jersey residents who are working in another state to a New Jersey location. The $35 million NJ RISE Program will provide grants to companies to relocate its New Jersey-resident employees, ensuring a residents’ income taxes stay in New Jersey, which will help increase tax revenue.

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News & Updates

Press Release
July 25th, 2024

NJEDA Releases Draft Prevailing Wage Rule Amendments for Public Feedback

TRENTON, N.J. (July 25, 2024) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on amendments to the Authority’s prevailing wage rules.
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Press Release
July 25th, 2024

Governor Murphy Signs Legislation to Spur Investment in New Jersey’s AI Sector

ROSELAND – Governor Phil Murphy today signed A4558/S3432, establishing the Next New Jersey Program that will attract new investment into the state’s artificial intelligence (AI) industry, creating new jobs and economic opportunities.
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Press Release
July 23rd, 2024

NJEDA Aspire Tax Credits Approved to Support Newark-Based Health Care Center

TRENTON, N.J. (July 23, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved Aspire tax credits for a health care center in Newark.
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Press Release
July 19th, 2024

NOTICE OF CSIT BOARD MEETING – 07/26/2024

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, July 26, 2024, at 10:00 am.
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Press Release
July 18th, 2024

NJEDA to Enter Agreement with Rutgers University to Conduct Public Education and Outreach to Advance Development of Employee Stock Ownership Plans

TRENTON, N.J. (July 18, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved the Authority’s entry into an agreement with the Rutgers University School of Management and Labor Relations (SMLR)… 

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Press Release
July 17th, 2024

NJEDA Board Approves Investment of up to $6M into Newark Venture Partners

TRENTON, N.J. (July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. (NVP III) of up to $6 million under the NJEDA’s Venture Fund Investment Program.
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Press Release
July 17th, 2024

NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform

TRENTON, N.J. (July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.

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Press Release
July 11th, 2024

NOTICE OF MEETING CANCELLATION – NJ MOTION PICTURE & TELEVISION COMMISSION BOARD MEETING

Please be advised that the New Jersey Motion Picture & Television Commission meeting scheduled for Thursday, July 18, 2024 @ 10:30 AM is hereby cancelled.
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Press Release
July 11th, 2024

Hundreds Attend AfroTech Executive 2024: A Showcase of New Jersey’s Diverse Innovation Economy

TRENTON, N.J. (July 11, 2024) – On Friday, June 28, the New Jersey Economic Development Authority (NJEDA) and AfroTech celebrated AfroTech Executive 2024, with over 240 people in attendance.
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Press Release
July 10th, 2024

NOTICE OF NJEDA BOARD MEETING – 07/17/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, July 17, 2024, at 10:00 am.
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Press Release
June 27th, 2024

NJEDA Invests $10.5M as Part of $80M Clean Energy Loans Program

TRENTON, N.J. (June 27, 2024) – The New Jersey Economic Development Authority (NJEDA) recently closed on two loans totaling $10.5 million through the New Jersey Clean Energy Loans (NJ CELs) Program to support expanded solar energy across the state. 

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Press Release
June 25th, 2024

Applications for NJEDA NOL Program to Close on June 30th

TRENTON, N.J. (June 25, 2024) – The New Jersey Economic Development Authority (NJEDA) will close applications for the 2024 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program, on Sunday, June 30th.
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Press Release
June 24th, 2024

NJEDA Opens Applications for New Emerging Developers Grant

TRENTON, N.J. (June 24, 2024) – Applications for the New Jersey Economic Development Authority’s (NJEDA) $20 million Emerging Developers Grant pilot program are now open. 

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Press Release
June 19th, 2024

NJEDA Partners with AfroTech to Host Major Innovation Event During North to Shore Festival

TRENTON, N.J. (June 19, 2024) – The New Jersey Economic Development Authority (NJEDA) and AfroTech have partnered to host AfroTech Executive 2024 in Newark during this year’s North to Shore Festival.
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Press Release
June 18th, 2024

Over $9 Billion in Economic Impact Credited to NJEDA’s North Brunswick Incubator

NORTH BRUNSWICK, N.J. (June 18, 2024) – The New Jersey Economic Development Authority (NJEDA) today released findings from the NJ Bioscience Center Incubator (BCI) IMPACT Study, a report seeking to understand and quantify the economic impacts of the incubator and the companies it has hosted and nurtured.
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Press Release
June 17th, 2024

Mixed-Use Development in Downtown Newark Approved for NJEDA Aspire Awards

TRENTON, N.J. (June 17, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a mixed-use residential development project in Newark for Aspire tax credits.
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Press Release
June 14th, 2024

Murphy Administration Unveils Proposal to Spur Transit-Oriented Development and Bolster NJ TRANSIT

TRENTON, N.J. (June 14, 2024) – The Murphy Administration today unveiled a legislative proposal that would direct the New Jersey Economic Development Authority (NJEDA) to purchase up to $100 million in property from NJ TRANSIT to help expand commuter hubs across the state and meet a variety of critical needs.
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Press Release
June 12th, 2024

Aspire Tax Credits Add to State Support for Major Film Studio Project in Bayonne

TRENTON, N.J. (June 12, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved tax credits under the Aspire Program for 1888 Studios in Bayonne.
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Press Release
June 12th, 2024

NJEDA Approves NJ Innovation Evergreen Fund Investment to Morristown-Based TripWorks, Inc.

TRENTON, N.J. (June 12, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment into an emerging New Jersey-based company from the New Jersey Innovation Evergreen Fund (NJIEF).
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Press Release
June 11th, 2024

Governor Murphy Announces Planned Aerospace Innovation Center in Atlantic County

TRENTON, N.J. (June 11, 2024) – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and the Atlantic County Improvement Authority (ACIA) have launched the Aerospace Innovation Center (AIC), a Strategic Innovation Center (SIC) located in Atlantic County that will focus on the aerospace industry.
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Press Release
June 7th, 2024

NJEDA Releases Main Street Program Rules for Public Feedback

TRENTON, N.J. (June 7, 2024) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on amendments to the rules for the Main Street Recovery Finance Program.
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Press Release
June 7th, 2024

48 Seed Equity Grant Awardees Graduate from NJEDA’s Cannabis Technical Assistance Program

TRENTON, N.J. (June 7, 2024) – A new wave of entrepreneurial talent is ready to transform New Jersey’s cannabis industry as 48 recipients of the New Jersey Economic Development Authority’s (NJEDA) Seed Equity Grant Program proudly graduated from a rigorous nine-week Cannabis Technical Assistance Program (CTAP) at a celebration held at Hub 13 in Trenton last month.
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Press Release
June 5th, 2024

NJEDA to Extend Submission Deadlines for Film and Digital Media Production Industry Workforce Development RFI

TRENTON, N.J. (June 5, 2024) – The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Information (RFI) seeking insight from film and digital media production industry stakeholders on best practices for sector workforce program design, parameters, and details for the development of a future $5 million NJEDA film and digital media production workforce training program.
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Press Release
June 5th, 2024

NOTICE OF NJEDA BOARD MEETING – 06/12/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, June 12, 2024, at 10:00 am.

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Press Release
June 4th, 2024

NJEDA to Host Informative “Open Houses” on Offshore Wind in New Jersey

TRENTON, N.J. (June 04, 2024) – The New Jersey Economic Development Authority (NJEDA), along with the New Jersey Department of Environmental Protection, New Jersey Board of Public Utilities, and the New Jersey Department of Labor & Workforce Development, will be hosting a series of open house events designed to educate and engage the public about the state’s offshore wind initiatives.

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All NEWS & Updates

Upcoming Board Meetings

September
11
10:00 am
Wednesday

September 11, 2024

NJEDA Board Meeting

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

    Past Board Meetings

    July 17, 2024

    NJEDA Board Meeting

    June 12, 2024

    NJEDA Board Meeting

    May 8, 2024

    NJEDA Board Meeting

    April 10, 2024

    NJEDA Board Meeting

    March 7, 2024

    NJEDA Board Meeting

    February 7, 2024

    NJEDA Board Meeting

    December 14, 2023

    NJEDA Board Meeting

    November 16, 2023

    NJEDA Board Meeting

    October 12, 2023

    NJEDA Board Meeting

    September 12, 2023

    NJEDA Board Meeting

    All Board Meetings

    EVENTS CALENDAR

    Featured
    10
    11:00 am
    Free Event
    Tuesday

    September 10, 2024

    APPLICATION REVIEW WEBINAR: Activation, Revitalization, and Transformation (A.R.T) – Phase II

    The New Jersey Economic Development Authority’s Activation, Revitalization, and Transformation (A.R.T) Program – Phase II is a competitive grant program for nonprofit organizations aimed at catalyzing community placemaking efforts by leveraging the arts and cultural sector as a creative force …
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    30
    5:30 pm
    Free Event
    Tuesday

    July 30, 2024

    INFO SESSION (Camden) – Activation, Revitalization, and Transformation (A.R.T.) Program Phase II

    Please join the New Jersey Economic Development Authority (NJEDA) on Tuesday, July 30, 2024, from 5:30 p.m. to 7:30 p.m. to learn about our Activation, Revitalization, and Transformation (A.R.T.) Program Phase II. The A.R.T. Program Phase II is a competitive …
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    12
    2:00 pm
    Free Event
    Monday

    August 12, 2024

    WEBINAR: New Jersey Green Workforce Training Grant Challenge Overview

    This webinar is open to potential applicants for the New Jersey Economic Development Authority’s (NJEDA) upcoming Green Workforce Training Grant Challenge. The Grant Challenge is a competitive funding opportunity that will award grants to selected applicants that will aide in …
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    10
    11:00 am
    Free Event
    Tuesday

    September 10, 2024

    APPLICATION REVIEW WEBINAR: Activation, Revitalization, and Transformation (A.R.T) – Phase II

    The New Jersey Economic Development Authority’s Activation, Revitalization, and Transformation (A.R.T) Program – Phase II is a competitive grant program for nonprofit organizations aimed at catalyzing community placemaking efforts by leveraging the arts and cultural sector as a creative force …
    Read More >
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    PROPOSALS ARE DUE BY: May 22, 2023 2:00PM(ET)

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