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ALL NEWs & UPDATES

Press Release
September 5, 2024

NJEDA Issues RFP for Employee Stock Ownership Program

TRENTON, N.J. (September 5, 2024) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Proposal (RFP) to solicit firms interested in assisting business owners and employees in developing Employee Stock Ownership Plans (ESOP) through the NJEDA’s ESOP Assistance Program.

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Press Release
September 4, 2024

NOTICE OF NJEDA BOARD MEETING – 09/11/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, September 11, 2024, at 10:00 am.

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Press Release
September 3, 2024

NJEDA Issues RFI for Apprenticeship Training Centers and Construction Grants

TRENTON, N.J. (September 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight from qualified entities that provide registered apprenticeship programs and have perspectives on establishing new registered apprenticeship training locations in Overburdened Communities.

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Press Release
August 29, 2024

NOTICE OF NEW JERSEY GREEN BANK BOARD MEETING

Please be advised that a Board Meeting for the New Jersey Green Bank will be held in person and via teleconference on Thursday, September 5, 2024, at 10:30 a.m. 

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Press Release
August 19, 2024

NJEDA Plans to Launch Program Supporting Liquor License Acquisition for Small Businesses

TRENTON, N.J. (August 19, 2024) – The New Jersey Economic Development Authority (NJEDA) is developing a new grant program that will provide funding to small businesses that have obtained an inactive plenary retail consumption liquor license pursuant to recently enacted liquor license legislation.

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Press Release
August 6, 2024

NOTICE OF MEETING CANCELLATION – NEW JERSEY GREEN BANK BOARD MEETING

Please be advised that the Board Meeting for the New Jersey Green Bank scheduled for August 8, 2024 is hereby cancelled. 

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Press Release
August 5, 2024

NJEDA to Open Applications for Green Workforce Training Grant Challenge

TRENTON, N.J. (August xx, 2024) – Applications for the New Jersey Economic Development Authority’s (NJEDA) Green Workforce Training Grant Challenge will open on Thursday, August 8.

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Press Release
August 2, 2024

NJEDA Releases Disqualification, Debarment, & Suspension Rules for Public Feedback

TRENTON, N.J. (August 2, 2024) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on amendments to the Authority’s rules on disqualification, debarment, and suspension.

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Press Release
July 29, 2024

NJEDA to Open Applications for $20M Food Desert Relief Tax Credit Auction

TRENTON, N.J. (July 29, 2024) – The New Jersey Economic Development Authority (NJEDA) will auction up to $20 million in corporate and insurance premiums tax credits through the Food Desert Relief Tax Credit Auction.

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Press Release
July 25, 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 25, 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 23, 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 19, 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 18, 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 17, 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 17, 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 11, 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 11, 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 10, 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 27, 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 25, 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 24, 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 19, 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 18, 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 17, 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 14, 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 12, 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 12, 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 11, 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 7, 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 7, 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 5, 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 5, 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 4, 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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Press Release
June 3, 2024

34 Innovative Companies Awarded Benefits through NJEDA’s Technology Business Tax Certificate Transfer (NOL) Program in 2023

TRENTON, N.J. (June 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that 34 technology and life sciences companies were awarded more than $68 million through the 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program.

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Press Release
May 31, 2024

NJEDA to Host Information Session at Kean University for New Emerging Developers Grant

TRENTON, N.J. (May 31, 2024) – The New Jersey Economic Development Authority (NJEDA) will host an in-person information session at Kean University on Wednesday, June 5th to introduce the newly established $20 million Emerging Developers Grant pilot program.

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Press Release
May 29, 2024

NJEDA to Release C-PACE Guidelines for Public Comment

TRENTON, N.J. (May 29, 2024) – The New Jersey Economic Development Authority (NJEDA) has issued guidelines for the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, which are open for public comment.

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Press Release
May 28, 2024

NJEDA Issues Request for Information on Film and Digital Media Production Industry Workforce Development

TRENTON, N.J. (May 28, 2024) – The New Jersey Economic Development Authority (NJEDA) issued a Request for Information (RFI) today 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
May 23, 2024

Offshore Wind Roundtable in Atlantic City Sparks Critical Conversations on Maritime Opportunities and Workforce Development

Atlantic City, N.J. (May 23, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) hosted a Maritime Roundtable forum to convene leading figures from the maritime service industry and maritime-related businesses to address pressing opportunities and challenges in offshore wind.

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Press Release
May 21, 2024

NOTICE OF NEW JERSEY GREEN BANK BOARD MEETING

Please be advised that the initial Board Meeting for the New Jersey Green Bank will be held in person and via teleconference on Tuesday, May 28, 2024, at 1:30 p.m.

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