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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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Press Release
May 16, 2024

NJEDA Expands the Activation, Revitalization, and Transformation Program to 31 Municipalities Across NJ

TRENTON, N.J. (May 16, 2024) – At the Annual Conference of Mayors Luncheon in Atlantic City today, Governor Murphy announced a second round of strategic investments in commuter hub cities to spur economic growth in the wake of the pandemic by invigorating arts and culture.

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Press Release
May 15, 2024

NJEDA Board Approves Brownfields Redevelopment Award to Support Remediation of Bergen County Manufacturing Site

TRENTON, N.J. (May 15, 2024) – The New Jersey Economic Development Authority (NJEDA) Board approved $350,000 in tax credits under the Brownfields Redevelopment Incentive (BRI) Program to support remediation of a long-dormant manufacturing site in Elmwood Park.

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Press Release
May 15, 2024

NOTICE OF NJ MOTION PICTURE & TELEVISION COMMISSION BOARD MEETING

Please be advised that the next New Jersey Motion Picture and Television Commission Board Meeting will be held in person and via teleconference on Wednesday, May 22, 2024, at 10:30 am.

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Press Release
May 14, 2024

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, May 21, 2024, at 11:00 am.

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Press Release
May 10, 2024

NOTICE OF CSIT ANNUAL BOARD MEETING – 05/17/2024

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, May 17, 2024, at 10:00 am.

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Press Release
May 8, 2024

NJEDA Board Designates Netflix as a Studio Partner, Continuing New Jersey’s Film Industry Momentum

TRENTON, N.J. (May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today designated Netflix Inc. as a Studio Partner, allowing the media company to access expanded benefits under the state’s Film and Digital Media Tax Credit program.

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Press Release
May 8, 2024

NJEDA Board Designates New 1888 Studios in Bayonne as First Film-Lease Partner Facility

TRENTON, N.J. (May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today designated 1888 Studios in Bayonne, developed by Togus Urban Renewal, LLC, as a Film-Lease Partner Facility.

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Press Release
May 8, 2024

NJEDA Board Approves MOU to Purchase Land in Downtown Trenton for Future Maternal and Infant Health and Innovation Center 

TRENTON, N.J. (May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved a memorandum of understanding (MOU) with the Trenton Board of Education (BOE) and the New Jersey Schools Development Authority (NJSDA) to purchase property in downtown Trenton as the future home of the Maternal and Infant Health and Innovation Center (MIHIC).

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Press Release
May 7, 2024

Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

HOBOKEN, N.J. (May 7, 2024) – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and Plug and Play, a Silicon Valley-based firm and innovation platform known for connecting startups, corporations, venture capital firms, and government agencies, have launched an accelerator hub known as the Fintech Accelerator at Stevens Institute of Technology (NJ FAST).

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Press Release
May 6, 2024

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.

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Press Release
May 3, 2024

NJEDA to Open Applications for the Next Cohort of the First-in-Nation Innovation Fellows Program

TRENTON, N.J. (May 3, 2024) – The New Jersey Economic Development Authority (NJEDA) is opening applications for the next cohort of the New Jersey Innovation Fellows (NJIF) Program on May 6th, and is currently accepting questions from potential applicants.

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Press Release
May 3, 2024

42 Small Business Loans Totaling over $3M Provided Under NJEDA’s NJ Capital Access Fund

TRENTON, N.J. (May 3, 2024) – In recognition of National Small Business Week (April 28 – May 4), the New Jersey Economic Development Authority (NJEDA) announced today that more than $3.6 million in working capital loans have been approved under the NJ Capital Access Fund, since the program launched in November 2023.

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Press Release
May 1, 2024

Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

NEWARK, N.J. (May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark.

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Press Release
May 1, 2024

NOTICE OF NJEDA BOARD MEETING – 05/08/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, May 8, 2024, at 10:00 am.

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Press Release
April 25, 2024

NJEDA to Open Applications for 2024 NOL Program

TRENTON, N.J. (April 25, 2024) – The New Jersey Economic Development Authority (NJEDA) is opening applications for the 2024 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program, on Wednesday, May 1st.

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Press Release
April 24, 2024

NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

TRENTON, N.J. (April 24, 2024) – The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program, awarding a total of $2 million to support early-stage technology companies.

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Press Release
April 15, 2024

NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

TRENTON, N.J. (April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.

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Press Release
April 12, 2024

NJEDA Board Approves Anchor Tenants for Maternal and Infant Health Innovation Center

TRENTON, N.J. (April 12, 2024) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved three anchor tenants to lead the Maternal and Infant Health Innovation Center (MIHIC) in Trenton.

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Press Release
April 11, 2024

NJEDA Approves Creation of $7M Green Workforce Training Grant Challenge

TRENTON, N.J. (April 11, 2024) – The New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Green Workforce Training Grant Challenge.

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Press Release
April 11, 2024

NJEDA Board Approves $9.5M to Support Film Studio Development

TRENTON, N.J. (April 11, 2024) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved $9.5 million in funding to support five projects under the Film and Digital Media Studio Infrastructure Program.

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Press Release
April 8, 2024

NJEDA and Princeton University Take Next Steps to Develop AI Hub

TRENTON, N.J. (April 8, 2024) – Ahead of Thursday’s first-ever AI Summit, hosted by the New Jersey Economic Development Authority (NJEDA) and Princeton University, the partners are issuing a Request for Information (RFI) to seek input on best practices and operational insights for the creation and development of an Artificial Intelligence (AI) Hub, which will help advance New Jersey’s leadership in the field and catalyze innovation in AI technologies.

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Press Release
April 8, 2024

NJEDA to Extend Submission Deadlines for Statewide Employee Ownership Program RFI

TRENTON, N.J. (April 8, 2024) – The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Information (RFI) seeking insight from firms and individuals with perspectives on the proven best practices, potential challenges, and appropriate considerations relevant to the development of a Statewide Employee Ownership program.

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Press Release
April 3, 2024

NOTICE OF NJEDA BOARD MEETING – 04/10/2024

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

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