News Articles Archives - Page 59 of 74

By Juliet Fletcher/The Record
September 16, 2012

Over the past two years, Lt. Gov. Kim Guadagno’s public schedule has been filled with visits to hundreds of businesses, from bakeries to playhouses to New Jersey’s only bison farm, pressing the flesh as the ubiquitous symbol of the Christie administration’s “business-friendly” push.

But behind the company tours, photo ops and glad-handing, the 53-year-old former prosecutor has carved out an ever-expanding and increasingly powerful role as Governor Christie’s key link to the business community.

A year since the state’s first lieutenant governor was granted new and expanded executive powers to promote business growth statewide, Guadagno is well known for being reachable by cellphone when business leaders call with problems. Giving out her cell digits at every business roundtable she attends, she holds up her state-supplied Blackberry to tell them: “You paid for it.”

By Desmond Miller/NBC 40
September 14, 2012

Representatives from state agencies gathered at Richard Stockton College of New Jersey today to participate in one of Lt. Governor Kim Guadagno’s series of public meetings to promote “New Jersey Resources for Business Growth.”

“You are entitled to a response,” announced Lt. Gov. Kim Guadagno.

The message Lt. Gov. Kim Guadagno expressed Thursday night at one of her “New Jersey Resources for Business Growth” expo was simple.

Small business owners deserve to know what resources are available to help them grow.

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, September 19, 2012 at 7:00 pm at the Tinton Falls Municipal Building, 556 Tinton Avenue, Tinton Falls, NJ. Formal action may be taken at this meeting. A copy of the proposed agenda can be found 48 hours prior to the meeting at the websites of the Fort Monmouth Economic Revitalization Authority: www.nj.gov/fmera, and the New Jersey Economic Development Authority: www.njeda.gov.

By Ilya Hemlin/NJ 101.5
September 6, 2012

Current and interested small business owners were given a chance to meet one-on-one with representatives from state government and get advice from Lt Governor Kim Guadagno.

The Lakewood Development Corporation, the administrative arm of the Urban Enterprise Zone, and the New Jersey Business Action Center hosted the event at the historic Strand Theater Wednesday night. Several dozen people braved the thunderstorms to attend the seminar.

Governor Guadagno gave the keynote presentation, and spoke about the importance of the government not getting in the way of businesses operating. She told those in attendance to take advantage of the opportunity to talk to “all of Trenton without having to pick up a phone.”

“These are the people that have the answers to the questions that you need answered so you have the confidence you need to grow, to hire one more person, or more importantly to get me, Trenton, out of your way so you can grow and hire one or two more people.”

The New Jersey Economic Development Authority’s next public Board Meeting will take place at 10:00 a.m. on Thursday, September 13, 2012 at 36 West State St., Trenton, NJ 08625. A copy of the proposed agenda can be found prior to the meeting at www.njeda.gov/Board. Following the Board Meeting, minutes and the full agenda will also be available at www.njeda.gov/Board.

Warren Reporter
September 1, 2012

The Warren County Economic Development Advisory Council (EDAC) will host a forum with Lt. Governor Kim Guadagno to learn about New Jersey Resources for Business Growth. Guadagno will be accompanied by representatives from numerous state departments and affiliated agencies.

The NJ Resources for Business Growth forum takes place Wednesday, Oct. 17, at the Centenary College’s David and Carol Lackland Performing Arts Center, 715 Grand Avenue, Hackettstown. Registration begins at 4:30 p.m. and the program will run from 5-8 p.m.

By Shannon K. Winning/Long Branch-Eatontown Patch

August 29, 2012

When Goldman Sachs set up its new headquarters in Battery Park City in 2009, it brought with it 8,000 employees who needed an eye doctor, a dry cleaner and someone to make them a cheeseburger, fries and a shake combo. To keep its employees humming the financial giant created a small town of sorts, surrounding its 43-story building with a mix of retail and service businesses.

And since Goldman is in the business of banking and not sandwiches, it fostered the growth of those small businesses by providing the real estate and the customers.

In Monmouth County the people behind the transformation of Fort Monmouth from military installation into live/work/play community are banking on a similar phenomenon, albeit on a much smaller scale.

Bruce Steadman, executive director of the Fort Monmouth Economic Revitalization Authority, told Patch that small business at the fort “is going to thrive based on the larger anchors.”

By Ed Beeson/The Star-Ledger
August 28, 2012

The proposed $3.7 billion takeover of Hudson City Savings Bank announced Monday would prove a boon to small-business owners in New Jersey, bank analysts and industry watchers said, thanks to new competition the deal would create.

The acquisition of the Paramus-based savings bank, the largest headquartered in the state, by Buffalo, N.Y.-based M&T Bank also should help spur the wave of consolidation that’s expected to hit smaller commercial and community banks that are facing economic and regulatory pressures, analysts said.

“In my experience, deals beget more deals,” said Mark Fitzgibbon, an analyst with Sandler O’Neill.

PR Newswire
August 27, 2012

The JPMorgan Chase Foundation committed $150,000 to back the Start Something Challenge – a statewide initiative led by NJ-based non-profit Rising Tide Capital. Also supported by Priceline.com founding member and serial entrepreneur, Jeff Hoffman, the jobs initiative will recruit and support entrepreneurs to start and grow businesses in marginalized communities.

“Chase’s support means that we’ll be able to provide the resources to help grow businesses in the communities that need them the most,” said Alfa Demmellash, co-founder and CEO of Rising Tide Capital.

The Start Something Challenge consists of a statewide start-up pitch competition and small business training program in low-income communities across New Jersey. Additionally, the funding from Chase allows Rising Tide Capital to continue developing its entrepreneurship development services as a model that can be replicated across the United States.

By Daniel Reyes/Jersey Journal
August 25, 2012

Tracye McDaniel may not have been born and raised in New Jersey, but the president and CEO of Choose New Jersey says she has been here long enough to realize that the state has a lot to offer businesses.

And the Texas native is making sure companies know that.

The Hudson County Chamber of Commerce and local leaders welcomed her yesterday with a daylong series of events to show that it has a lot to offer companies, too.

Targeting industries like life sciences, telecommunications, manufacturing and pharmaceuticals, Choose New Jersey a nonprofit organization that works to bring and keep jobs in New Jersey works with the Business Action Center and the state Economic Development Authority to ensure the list of companies that they have brought to the state or maintained, continues to grow.