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ALL NEWs & UPDATES

News
May 31, 2018

Homestead Princeton Expands Footprint in Central Jersey with EDA Support

From left: EDA President & COO Tim Lizura, M&T Bank Vice President, Senior Relationship Manager Vincent F. Moretti, Homestead Princeton Co-owners Kristin & Ron Menapace TRENTON, N.J. (May 31, 2018) –…

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News
May 24, 2018

CCIT Resources Support Grace Therapeutics’ Mission to Develop Drug-Delivery Technologies for Rare Diseases

Led by George George Kottayil (left) and Vimal Kavuru (right), Grace Therapeutics develops drug-delivery technologies for people suffering from rare and orphan diseases. North Brunswick, N.J. (May 24…

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Press Release
May 11, 2018

EDA Board Action Advances Murphy Administration’s Vision for State’s Innovation Economy

TRENTON, N.J. (May 11, 2018) – The Board of the New Jersey Economic Development Authority (EDA) today approved two actions to help nurture the growth of the State’s innovation economy. Echoing the pri…

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Press Release
May 11, 2018

EDA to Partner with African American Chamber of Commerce of New Jersey to Increase Bonding Capacity for Small, Minority- And Women-Owned Businesses

and women-owned businesses to compete for state or federal government contracts.  The AACCNJ was selected following a competitive Request for Proposal (RFP) process, which was the result of P.L. 2016,…

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News
May 10, 2018

Medical Device Company Nephros, Inc. Credits State’s NOL Program with Fueling Growth

CFO Andy Astor (pictured above) says program “was an excellent bridge to our goal of achieving cash flow break-even in 2018” TRENTON, N.J. (May 10, 2018) – With support from the New Jersey Economic D…

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News
May 9, 2018

Latest New Jersey Founders & Funders Event Introduces Two Dozen Start-ups to Potential Investors

Carii Co-founders  Wun and Denise Hayman‐Loa meet with Delaware Crossing Investor Group’s Benjamin Novak at today’s New Jersey Founders & Funders. North Brunswick, N.J. (May 9, 2018) – Entrepreneurs f…

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News
May 3, 2018

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Friday, May 11, 2018 at 10 a.m. at the EDA offices at 36 West State Street, Trenton. A copy of the proposed ag…

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News
May 1, 2018

EDA Accepting Applications for 2018 Technology Business Tax Certificate Transfer (NOL) Program

$60 Million Program Allows Eligible Companies to Sell Net Operating Losses for Cash TRENTON (May 1, 2018) – Technology and life sciences companies in the Garden State seeking to raise non-dilutive ca…

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News
April 17, 2018

Notice of CCRC Board Meeting

A meeting of the Capital City Redevelopment Corporation (CCRC) Board has been scheduled for Friday, April 20, 2018 at 10:00 am in the EDA Board Room, 36 West State Street, Trenton, NJ. A copy of the …

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News
April 11, 2018

All-Female Funding Panel to Offer Advice to Entrepreneurs at New Jersey Technology Council Annual Conference

TRENTON, N.J. (April 11, 2018) – Hundreds of entrepreneurs, investors, and industry leaders will convene tomorrow (April 12) at the New Jersey Technology Council’s (Tech Council’s) 21st Annual Venture…

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Press Release
April 11, 2018

Pasta Dal Cuore Owner Uses UCEDC Resources to Take Her Jersey City Restaurant and Pasta Factory to the Next Level

From left: Erich Peter, UCEDC Director of Training & Technical Assistance; Elena Cartagena, Pasta Dal Cuore; Tim Lizura, EDA President & Chief Operating Officer TRENTON, N.J. (April 11, 2018) – Entre…

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News
April 10, 2018

Gridless Power Corporation Turns to NJ Covest Fund in Quest to Bring Renewable Energy to Customers Worldwide

C omplements Earlier Funding Round Facilitated by EDA Networking Program Under the director of company President Patrick Murphy, Chief Executive Officer Jason Halpern, and Chief Operating Officer And…

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News
April 5, 2018

Amenities, Proximity to Major Cities and Universities Draw Sunnylife Pharma to CCIT

From CCIT (pictured above), Sunnylife Pharma helps drug-discovery companies worldwide reduce research and development costs by assisting with an array of pre-clinical research chemistry-related servic…

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Press Release
April 4, 2018

New Jersey Biotechnology Task Force Hears Testimony from Renowned Innovation Expert

TRENTON, N.J. (April 4, 2018) – The New Jersey Biotechnology Task Force convened yesterday to hear testimony from internationally recognized innovation expert Dr. Susan Windham-Bannister, President an…

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News
April 3, 2018

Notice of NJEDA Board Meeting Time Change

The New Jersey Economic Development Authority meeting originally scheduled for 10:00 am, Tuesday, April 10, 2018 at EDA Offices, 36 West State Street, Trenton has been changed to 2:00 pm. The agenda c…

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Press Release
April 3, 2018

Ammon Labs Expands in Union County with Support from EDA and Provident Bank

Hires 50 New Employees, Plans to Add Services From left to right:  Alejandro Amador, Chief Operating Officer, Ammon Labs: Tejinder Gill, Vice President – Business Banking, Provident Bank; Tim Sulliva…

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News
April 2, 2018

Notice of NJ Biotechnology Task Force Meeting

The next meeting of the New Jersey Biotechnology Task Force will be held from 10:00 AM to 12:00 Noon on Tuesday, April 3, 2018 in the Board Room of EDA Headquarters, located at 36 West State Street, i…

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News
April 2, 2018

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Tuesday, April 10, 2018 at 2 p.m. at the EDA offices at 36 West State Street, Trenton. A copy of the proposed …

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News
March 22, 2018

Collaborative Environment, Networking Opportunities Attract Rutgers University Spinoff Bright Cloud International to CCIT

CEO Touts New Jersey’s Intrinsic Value for Entrepreneurs BCI’s proprietary technology BrightBrainer TM offers patients a suite of custom virtual reality therapeutic games. North Brunswick, N.J. (Mar…

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News
March 15, 2018

The New Jersey Business Action Center Supports New Jersey’s Small Businesses

New Jersey has over 840,000 small businesses – and they continue to create jobs, provide important services and products, and make a big impact on the state’s economy daily. Whether a business owner’s…

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News
March 14, 2018

UCEDC Wins $250,000 Grant to Support Diversity in Small Business Lending

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News
March 12, 2018

March 13, 2018 NJEDA Board Meeting Postponed

Due to uncertainty regarding the weather, the NJEDA Board Meeting scheduled for March 13, 2018 has been postponed….

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News
March 6, 2018

NJ Biotechnology Task Force Meeting Canceled

Due to forecasted inclement weather, the meeting of the New Jersey Biotechnology Task Force scheduled for Thursday, March 8, 2018 has been canceled and will be rescheduled at a later date….

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News
March 1, 2018

​State Resources Propel BackEnd Benchmarking’s Quest for Transparency in Robo-Advising Industry

BackEnd Benchmarking is quickly becoming a global leader in investment analytics and transparency. Its President and Founder Ken Schapiro is pictured here. TRENTON, N.J. (March 1, 2018) – With the ro…

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News
February 22, 2018

​Strengthened by State Resources and Private Capital, V ClinBio Poised for Breakout Year

CEO Touts State’s Talent Pool and Business Environment as Critical to Company’s Growth Under the direction of its President and Chief Executive Officer Bob Oliver, V ClinBio develops a robust pipelin…

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News
February 20, 2018

Notice of CCRC Board Meeting

A meeting of the Capital City Redevelopment Corporation (CCRC) Board has been scheduled for Wednesday, February 21, 2018 at 10:00 am in the EDA Board Room, 36 West State Street, Trenton, NJ. A copy o…

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Press Release
February 14, 2018

ConnectOne Bank Joins Growing List of EDA Premier Lenders

TRENTON, N.J. (February 14, 2018) – As part of ongoing efforts to support small business growth in the State, the New Jersey Economic Development Authority (EDA) Board yesterday approved New Jersey ba…

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Press Release
February 14, 2018

Laurence M. Downes Named Chairman of EDA Board

TRENTON, NJ (February 14, 2018) –  Governor Philip D. Murphy today announced the designation of Laurence M. Downes as Chairman of the Board of the New Jersey Economic Development Authority (EDA).  Mr….

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Press Release
February 13, 2018

Tim Sullivan Named Chief Executive Officer of EDA

TRENTON, NJ (February 13, 2018) –  The Board of the New Jersey Economic Development Authority (EDA) today voted to approve Tim Sullivan as the Authority’s next Chief Executive Officer. “As a highly r…

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News
February 13, 2018

​Support for Apprentice.io Highlights EDA’s Commitment to Growth of State’s Technology Industry

Apprentice Chief Executive Officer and Co-Founder Angelo Stracquatanio was present at today’s EDA Board meeting as the Board approved a $250,000 loan for his company through the NJ CoVest Fund. TRENT…

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Press Release
February 12, 2018

EDA Support Helps Build Soho Studio’s New Jersey Presence

Fast Growing High-End Tile Provider Relocates to Burlington County Representative from the New Jersey Economic Development Authority and TD Bank visited Soho Studio in Delanco today to raise awarenes…

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News
February 8, 2018

​Princeton-Based Arable Labs’ Mission to Help Farmers Worldwide Fueled by EDA Support

Arable Labs’ technology helps farmers worldwide real-time, continuous visibility and predictive analytics of more than 40 metrics. TRENTON (February 8, 2018) – For farmers in the Garden State and aro…

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Press Release
February 8, 2018

​State’s Leading Incubator Offers Rutgers Biomedical Students Insight into Non-Academic Careers

TRENTON, N.J. (February 8, 2018) – Active participants in the State’s biotechnology industry welcomed a group of more than 25 PhD and Post-Doctoral students from Rutgers, The State University of New J…

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News
February 6, 2018

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Tuesday, February 13, 2018 at 10 a.m. at the EDA offices at 36 West State Street, Trenton. A copy of the propo…

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Press Release
January 29, 2018

New Jersey Biotechnology Task Force Hears Testimony from Academia and Industry

NORTH BRUNSWICK, N.J. (January 29, 2018) – The New Jersey Biotechnology Task Force convened last week to hear testimony from representatives in both academia and industry to help define the challenges…

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News
January 24, 2018

NOL Program Participant Moblty Helps Retailers Transform Everyday Shopping Experience

Moblty employee Brenna Stuhler showcasing the giant interactive experience built by Moblty for Altice in the Garden State Plaza, Paramus. TRENTON, N.J. (January 24, 2018) – Understanding the needs of…

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News
January 24, 2018

Notice of NJ Biotechnology Task Force Meetings

Meetings of the New Jersey Biotechnology Task Force will be held on Thursday, January 25 and Friday, January 26 at 10:00 am at the Commercialization Center for Innovative Technologies, 675 US Highway …

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News
January 24, 2018

NJ Utilities Association Relocates Headquarters with Help of State Grant Program

Project Advances Under New Program Designed to Encourage Growth in Targeted Urban Areas NJUA’s New Headquarters Located at 154 West State Street, Trenton NJ TRENTON, NJ (January 24, 2018) – Advancin…

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News
January 19, 2018

Passaic Travel Agency Awarded Small Business Grant for Improvements

Project Advances Under New Program Designed to Help Businesses and Communities TRENTON, NJ (January 19, 2018) – The New Jersey Economic Development Authority (EDA) today announced its first approval …

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News
January 12, 2018

Clarification on Urban Plus Program

Legislation was recently enacted (P.L.2017, c.261) that references the EDA’s Urban Plus Program. Please note that the financing that the law refers to is available under the EDA’s Direct Loan Program…

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