NJEDA CEO Weiss Statement on FY27 Budget  

TRENTON, N.J. (July 1, 2026) – New Jersey Economic Development Authority (NJEDA) Chief Executive Officer Evan Weiss released the following statement today on the signing of the FY2027 State Budget: 

“The FY2027 State Budget accomplishes what Governor Sherrill laid out in her proposal – a budget focused on affordability, lowering costs for families, and improving government accountability, all while addressing the state’s projected structural deficit. This budget makes critical investments into housing, education, the state pension, and property tax relief, helping strengthen our economy and make New Jersey a top state to live, work, and raise a family. 

“I’m also pleased that this budget includes funding for the NJEDA to support our small business community, ensuring small business owners have the tools and resources to start and grow a business in the Garden State. Funding for the New Jersey Commission on Science, Innovation & Technology will help early-stage companies bring cutting-edge technologies to the marketplace. Continued funding for the New Jersey Motion Picture & Television Commission underscores the state’s commitment to growing a robust and competitive film industry, which is poised to create good-paying careers for residents. 

“I appreciate the work of Governor Sherrill and the Legislature to put together a comprehensive and responsible budget that will allow the NJEDA to continue its work of bolstering our economy by supporting businesses, promoting job growth, and revitalizing communities.”

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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