NJEDA Board Approves NJ Wind Turbine Tech Training Challenge

TRENTON, N.J. (May 18, 2021) – The NJEDA Board approved the creation of the NJ Wind Turbine Tech Training Challenge during its May 12, 2021 Board meeting. The Challenge is a competitive grant program that will award a grant of up to $1 million to a New Jersey community college that collaborates with union trade organizations and industry partners to establish an offshore wind turbine technician training program.

Economist’s Corner: What’s Holding Back New Jersey’s Labor Supply?

Economists love their data, and for good reason. Data enables us to understand important issues such as what factors support economic growth, impact price inflation, and alter labor flows. Right now, many people are struggling to use data to answer one very important question: is overgenerous government support for unemployed workers hindering businesses from recruiting […]

NJEDA Partners with New Jersey City University to Advance New Jersey as Nation’s Epicenter of Online Wagering/Fintech

TRENTON, N.J. The New Jersey Economic Development Authority (NJEDA) Board recently approved a MOU with New Jersey City University (NJCU) in Jersey City that will help advance New Jersey’s leadership in the online sports wagering technology and financial technology (fintech) sectors.

NJEDA to Partner with Stockton University on Esports Innovation Center

TRENTON, N.J. (May 14, 2021) – The NJEDA Board recently approved a memorandum of understanding (MOU) with Stockton University to support the establishment of an esports Innovation Center at the university’s Atlantic City campus.

NJEDA Board Approves Rules for Emerge Job Creation Tax Credit Program

TRENTON, N.J. (May 12, 2021) – The NJEDA Board today approved the creation of the Emerge program, a new jobs-based tax credit program created under the Economic Recovery Act (ERA) of 2020. The Emerge program will drive economic development in New Jersey by making tax credits available to projects that invest private capital into the state and create good-paying jobs, with a focus on the State’s priority sectors.

CSIT Announces Upcoming Webinars to Connect NJ Startups with SBIR/STTR Programs

TRENTON, N.J. (May 11, 2021) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced that it will host webinars in May and June for emerging innovation-focused companies in the Garden State that are interested learning how the federal Small Business Innovation Research (SBIR) and the Small Business Technology Transfer Program (STTR) can help fuel their growth.

NJEDA Opens Application for 2021 Net Operating Loss Program, Expanded by the New Jersey Economic Recovery Act

TRENTON, N.J. (May 6, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced that it is currently accepting applications for its 2021 Net Operating Loss (NOL) Program. The NOL Program enables early-stage technology and life sciences companies in the Garden State to sell…

NJEDA to Reopen Applications for Residential Projects under Economic Redevelopment and Growth Program on June 1

The NJEDA today announced that it will reopen applications for the residential component of the Economic Redevelopment and Growth (ERG) Program on June 1, 2021. The ERG program, which was originally created to address project financing gaps in development projects, had previously stopped accepting new applications in June 2019.

NJEDA, in partnership with Nurture NJ and First Lady Tammy Murphy, Issues Request for Information Seeking Input on the Establishment of a Trenton-Based Center Dedicated to Maternal & Infant Health

TRENTON, N.J. (April 30, 2021) – The New Jersey Economic Development Authority (NJEDA), in partnership with Nurture NJ and First Lady Tammy Murphy, issued a Request for Information (RFI) today seeking input to inform the establishment of a Center for Maternal and Infant Health in Trenton which will be dedicated to innovation and research…

NJEDA Welcomes Cleantech Open Northeast as Newest NJ Accelerate Participant

TRENTON, N.J. (April 23, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that it has approved Cleantech Open Northeast to participate in its NJ Accelerate program. NJ Accelerate is designed to grow New Jersey’s innovation ecosystem by…

Notice of Funding Availability – Small Business Emergency Assistance Grant Program (Phase 4)

Pre-registration will open at 9:00 am on Monday, April 19th at 9:00 a.m. and remain open until Thursday, April 29th at 5:00 p.m. Following pre-registration, applications will become available on a rolling basis.

NJEDA Anuncia Fechas de Lanzamiento de la Fase 4 Por $85 Millones del Programa de Subsidios de Asistencia de Emergencia para Pequenas Empresas

La NJEDA hoy anunció la fase 4 del Programa de subsidios de asistencia de emergencia para pequeñas empresas. La fase 4 brindará apoyo operativo de corto plazo a un amplio grupo de pequeñas y medianas empresas y organizaciones sin fines de lucro de Nueva Jersey que se han visto afectadas negativamente durante el estado de emergencia declarado.

NJEDA Board Approves Reopening of 21st Century Redevelopment Program

The NJEDA today approved the reopening of the 21st Century Redevelopment Program. The program makes grants up to $50,000 available to suburban communities to help them redevelop, repurpose, or regreen vacant and underutilized retail or office park properties.

NJEDA ANNOUNCES LAUNCH DATES FOR $85 MILLION PHASE 4 OF THE SMALL BUSINESS EMERGENCY ASSISTANCE GRANT PROGRAM

TRENTON, N.J. (April 14, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced Phase 4 of the Authority’s Small Business Emergency Assistance Grant Program, adding $85 million in funds from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Phase 4 will provide…

CSIT Now Accepting Applications for its Clean Tech R&D Voucher Program

TRENTON, N.J. (April 12, 2021) – The Commission on Science, Innovation and Technology (CSIT) today reminded emerging companies within New Jersey’s clean energy sector that it is currently accepting applications for its Clean Tech Research and Development (R&D) Voucher Program.

NJEDA & digitalundivided Hold Instagram Live Chat to Showcase Resources for Black & Latino Entrepreneurs

TRENTON, N.J. (April 8, 2021) – Members of New Jersey’s innovation community had the opportunity to learn about public and private resources available to entrepreneurs of color during a “Removing Barriers for Diverse Entrepreneurs” Instagram Live discussion last night featuring

NJEDA Extends Deadline for Responses to RFI Seeking Input on Strategies to Address Food Insecurity in New Jersey’s Food Deserts

RENTON, N.J. (April 8, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced that it has extended the deadline for its Request for Information (RFI) soliciting insight into food security challenges faced by communities across the Garden State, including…

Notice of CSIT Board Meeting – 4/9/2021

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, April 9, 2021 at 10:00 am.

Notice of NJEDA Board Meeting – 4/14/2021

Please be advised that a telephonic meeting of the New Jersey Economic Development Authority is scheduled for 10:00 AM, Wednesday, April 14, 2021.

New Jersey Zero Emission Incentive Program (NJ ZIP) Applications Now Open

The NJEDA today announced that applications are now open for the New Jersey Zero Emission Incentive Program (NJ ZIP). The $15 million pilot program will provide vouchers for up to $100,000 to businesses and institutional organizations in the greater Newark and Camden areas to support the purchase of new, zero emission medium and heavy-duty vehicles (MHDVs).

NJEDA Releases Emerge Program Preliminary Rules for Public Feedback

TRENTON, N.J. (April 1, 2021) – The New Jersey Economic Development Authority (NJEDA) today released a draft of the rules and targeted industry definitions under which the new Emerge business tax incentive program will be administered. Members of the public are encouraged to…

NJEDA and digitalundivided to Hold April 7 Instagram Live Chat to Promote Resources for Black and Latino Startups

The New Jersey Economic Development Authority (NJEDA) and Newark-based nonprofit digitalundivided today announced that they will hold an Instagram Live event on April 7, 2021 at 6:00 p.m. to highlight public and private resources available to entrepreneurs of color.

ACTUALIZACIÓN SOBRE EL PROGRAMA: Extensión del plazo del Programa de acceso a PPE al 28 de mayo

TRENTON, N.J. (31 de marzo de 2021) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció que las empresas de New Jersey con 100 empleados o menos equivalentes a tiempo completo (FTE) podrán recibir descuentos de aproximadamente el 70% en la compra de equipos de protección personal (PPE)

CSIT Reminds NJ Clean Tech Startups of April 5 Clean Tech Seed Grant Program Deadline

The New Jersey Commission on Science, Innovation and Technology (CSIT) today reminded New Jersey clean technology startups that the deadline to apply to its Clean Tech Seed Grant Program is Monday, April 5. The program helps accelerate development and innovation of clean technologies by furthering research and development (R&D) within the Garden State’s clean technology startup community.

Economist’s Corner – Women’s History Month

The pandemic has significantly decreased labor demand. From the outset of the pandemic through the end of 2020, prime-age employment (employment among people aged 25-54) fell by approximately…

New Jersey Small and Micro Business PPE Access Program Phase 2

Notice of Funding Availability: Applications now available.

The NJ Small and Micro Business PPE Access Program was developed in response to consistent concerns emerging from the Governor’s Restart and Recovery Commission…

PPE Access Program Deadline Extended to May 28

The NJEDA today announced that New Jersey businesses with 100 or fewer full-time equivalent employees (FTEs) will be able to receive discounts of nearly 70 percent off purchases of personal protective equipment (PPE) through the NJ Small and Micro Business PPE Access Program until Friday, May 28th, 2021 or until program funds are exhausted.

Women Investing in Women: Golden Seed’s Mission to Create a More Equitable NJ Innovation Economy

TRENTON, N.J. (March 18, 2021) – Thirteen months ago, Golden Seeds, a nationwide angel investor network dedicated to investing in women-led startups, launched a New Jersey chapter in partnership with First Lady Tammy Snyder Murphy and the New Jersey Economic Development Authority (NJEDA) to increase available capital for female-led businesses.

NJEDA emite una solicitud de información en busca de aportes sobre estrategias para abordar la inseguridad alimentaria en los desiertos alimentarios de Nueva Jersey

TRENTON, N.J. (16 de marzo de 2021) – La Autoridad para el desarrollo económico de New Jersey (New Jersey Economic Development Authority, NJEDA) anunció hoy que ha emitido una solicitud de información (Request for Information, RFI) que busca aportes para..

NJ ZIP Application to Open April 6, 2021

The NJEDA today announced that applications for the New Jersey Zero Emission Incentive Program (NJ ZIP) will open on Tuesday, April 6th 2021.

NJEDA Issues RFI Seeking Input on Strategies to Address Food Insecurity in New Jersey’s Food Deserts

TRENTON, N.J. (March 15, 2021) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight into food security challenges faced by communities across the Garden State, including…

49 Early-Stage Companies Poised to Sell Approximately $54.5 Million Through 2020 NJ Net Operating Loss Program

TRENTON, N.J. (March 12, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that it sent final approval letters last week to the 49 technology and life sciences companies that are participating in the 2020 Net Operating Loss (NOL) Program.

One Month Remains to Apply for NJEDA Brownfields Loan Program

There is just one month remaining to apply for the NJEDA Brownfields Loan Program. The program offers low-interest financing of $100,000 to $5 million for all aspects of brownfields revitalization projects, including assessment, investigation, and demolition.

La NJEDA anuncia programa de subsidios de apoyo para microprestamistas

TRENTON, N.J. (11 de marzo de 2021) – La  La Junta directiva de la Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció ayer que ha aprobado la creación de un Programa de subsidios de apoyo a microprestamistas.

NJEDA Announces $2 Million Micro Lender Support Grant Program

The NJEDA Board of Directors today approved the creation of the Micro Lender Support Grant Program. This $2 million pilot program will make grant funding available to organizations that lend to New Jersey small and micro businesses.

CSIT Announces Clean Tech R&D Voucher Program to Connect Emerging Companies with Amenities at NJ Universities & Federal Laboratories

TRENTON, N.J. (March 5, 2021) – The Commission on Science, Innovation and Technology (CSIT) today announced it will begin accepting applications next month for its Clean Tech Research and Development (R&D) Voucher Program.

Notice of NJEDA Board Meeting – 3/10/2021

Please be advised that a telephonic meeting of the New Jersey Economic Development Authority is scheduled for 10:00 AM, Wednesday, March 10, 2021.

The Members will convene to via conference call only.  Members of the public may participate in the meeting by calling in on the conference line.  Members of the public will have an opportunity to speak during the public comment segment of the meeting.

NJEDA Announces Residential Economic Redevelopment and Growth Program to Relaunch in June

TRENTON, N.J. (March 2, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced plans to reopen the residential component of the Economic Redevelopment and Growth (ERG) Program utilizing $50 million in tax credits designated in the Economic Recovery Act of 2020.

Lt. Governor Sheila Oliver – A Voice for All People

TRENTON, N.J. (February 26, 2021) – Throughout her entire career, one word has defined Lieutenant Governor Sheila Oliver – trailblazer. As New Jersey’s first Black Lt. Governor, Oliver is forging a new path and working daily to ensure that…

La NJEDA destinará $14 millones en subsidios a 27 entidades alrededor del estado a través de Sustain & Serve NJ

TRENTON, N.J. (26 de febrero de 2021) – La Autoridad para el Desarrollo Económico de NJ (NJEDA, por sus siglas en inglés) anunciaron que prevé destinar 14 millones en subsidios a 27 organizaciones a través de su programa Sustain & Serve NJ. La NJEDA lanzo solicitudes para Sustain & Serve NJ a…