NJEDA to Announce Fintech Innovation Hub at Stevens Institute of Technology
TRENTON, N.J. (May 6, 2024) – Tomorrow, Tuesday, May 7, 2024, the New Jersey Economic Development Authority (NJEDA) will announce the launch of the New Jersey Fintech Accelerator at Stevens Institute of Technology (NJ FAST), which will serve as a hub for financial technology and insurance technology startups. The NJEDA and Plug and Play have signed a non-binding letter of intent to form a limited partnership to establish NJ FAST, with Stevens and Prudential Financial serving as the academic and corporate partners, respectively. NJ FAST will be the state’s fourth Strategic Innovation Center.
WHEN: Tuesday, May 7, 2024
11:00 a.m.
WHO: Governor Phil Murphy
NJEDA Chief Executive Officer Tim Sullivan
Stevens Institute of Technology President Nariman Farvardin
Plug and Play Founder & CEO Saeed Amidi
Prudential Financial Chief Information Officer, Head of Service & Technology Bob Bastian
WHERE: Stevens Institute of Technology
Babbio Center
525 River St.
Hoboken, N.J., 07030
PRESS: OPEN
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.
###
Related Content
May 14, 2025
NOTICE OF CSIT ANNUAL BOARD MEETING – 5/21/2025
The Annual Board meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Wednesday, May 21, 2025, at 10:00 am.
May 14, 2025
NJEDA Approves $500K to Expand Route 80 Grant Program
TRENTON, N.J. (May 14, 2025) – The New Jersey Economic Development Authority (NJEDA) Board yesterday approved an additional $500,000 to expand the Route 80 Business Assistance Grant Program, which supports small businesses that have experienced a decline in revenue due to the Route 80 detours caused by the ongoing sinkhole repairs.
May 13, 2025
NJEDA Board Approves New $5M Cannabis Grant Program
TRENTON, N.J. (May 13, 2025) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Cannabis Business Development (CBD) Grant Program, a new $5 million initiative designed to provide targeted financial support to eligible recreational cannabis entrepreneurs in New Jersey.
