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Press Release
December 13, 2016

​EDA Supports Growth of Artificial Intelligence Marketing Technology Company in Jersey City

TRENTON (December 13, 2016) – Continuing its commitment to bolster the Garden State’s dynamic technology sector, the New Jersey Economic Development Authority (EDA) acted today to support the growth o…

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Press Release
December 9, 2016

EDA CEO Volunteers with Isles, Inc. to Clean Up Roberto Clemente Park in Trenton

Deputy Director of Community Planning, Isles, Inc. Trenton, N.J., (December 9, 2016) – As part of the Christie Administration’s sixth annual “Season of Service” campaign, New Jersey Economic Developm…

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Press Release
December 8, 2016

Fast-Growing SLT Foods Uses EDA Resources to Establish Permanent Home in South Brunswick

Pictured above: EDA Chief Executive Officer Melissa Orsen and SLT Foods Logistics & Warehouse Manager Sanjay Patel TRENTON (December 8, 2016) – What started with a vision to bring rice from India to …

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Press Release
November 29, 2016

Bicycle Retailer Uses EDA Resources to Support Strategic Expansion in New Jersey

From left: Bike Ahead Co-Owner Leib Lefkowitz, EDA President/Chief Operating Officer Tim Lizura, Bike Ahead Co-Owner Jacob Lefkowitz, Two River Community Bank Business Development Officer Jeffrey Zatt…

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Press Release
November 17, 2016

Small Businesses throughout New Jersey Benefit from EDA Programs

TRENTON, N.J. (November 17, 2016) – Reaffirming the State’s commitment to supporting small businesses and not-for-profits, the New Jersey Economic Development Authority (EDA) today announced the appro…

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Press Release
November 16, 2016

EDA Releases RFQ For Purchase And Development Of Most Valuable Real Estate In North Camden

TRENTON (November 16, 2016) – Boasting views of the Philadelphia skyline and approximately 8.75 acres of prime developable land, the New Jersey Economic Development Authority (EDA) today released a Re…

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Press Release
October 26, 2016

EDA Hosts New Jersey Founders & Funders Event to Connect Entrepreneurs to Investors

Investors and entrepreneurs at EDA’s Founders & Funders event listen to presentations in preparation for one-on-one meetings. TRENTON (October 26, 2016) – The New Jersey Economic Development Authorit…

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Press Release
October 17, 2016

EDA Funding to Help Software Firm Expand Product Line

From left:  Tayrex Co-Owner Frank Tayar, EDA Chief Executive Officer Melissa Orsen, Tayrex Co-Owner Eric Tayar. TRENTON (October 17, 2016) – Software and consulting firm Tayrex Corporation was founde…

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Press Release
October 12, 2016

Hudson Community Enterprises Helps Break Down Barriers to Employment

EDA President and Chief Operating Officer Tim Lizura and Hudson County Enterprises President Joseph Brown observe HCE employees at work TRENTON (October 12, 2016) – With the goal of creating new jobs…

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Press Release
October 3, 2016

40 Emerging Companies Share More Than $35 Million through New Jersey Technology Business Tax Certificate Transfer Program

The NOL Program has helped Agile Therapeutics secure funding to support operations during its IPO process.  Al Altomari, President and Chief Executive Officer of Agile Therapeutics, is pictured above….

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Press Release
September 9, 2016

EDA Board Action Highlights Growth in Key Industry Sectors

TRENTON, N.J. (September 9, 2016) – Industries targeted for growth by the Economic Opportunity Act (EOA) were highlighted today as the Board of the New Jersey Economic Development Authority (EDA) appr…

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Press Release
August 9, 2016

​South Monmouth Regional Sewerage Authority Project Receives Preliminary Approval for Energy Resilience Bank Funding

TRENTON (August 9, 2016) – Continuing its commitment to help keep critical infrastructures operational during natural disasters, the Board of the New Jersey Economic Development Authority (EDA) today …

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Press Release
August 9, 2016

EDA Board Acts to Encourage Global Pharmaceutical Company Allergan to Expand in New Jersey

TRENTON, N.J. (August 9, 2016) –The Board of the New Jersey Economic Development Authority (EDA) today approved Grow New Jersey (Grow NJ) tax credits to encourage the global pharmaceutical company All…

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Press Release
July 20, 2016

EDA Visits Aurora Multimedia Corporation in Monmouth County to Showcase Benefits of State Small Business Financial Resources

From left: Aurora Multimedia Corporation Production Manager Nick Reiser, Aurora Multimedia Corporation CEO Paul Harris; EDA President and Chief Operating Officer Tim Lizura TRENTON (July 20, 2016) – …

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Press Release
July 20, 2016

World Business Lenders Celebrates Move to Jersey City

225 employees to be located in new corporate headquarters by end of 2016 TRENTON, N.J. (July 20, 2016) – World Business Lenders (WBL), a provider of short-term business loans, today celebrated the ne…

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Press Release
July 14, 2016

State’s Manufacturing Sector Supported by Grow NJ Approvals

TRENTON, N.J. (July 14, 2016) – Five projects approved by the Board of the New Jersey Economic Development Authority (EDA) today for tax credits under the Grow New Jersey (Grow NJ) Program are expecte…

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Press Release
June 30, 2016

EDA Visits Riding High Farm in Monmouth County to Showcase State Financing Resources

From left: Melissa Orsen, CEO, EDA; Dennis Kahn, President, Riding High; Robyn Struz, Program Director, Riding High TRENTON, N.J. (June 30, 2016) – As part of the Economic Development Authority’s (ED…

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Press Release
June 23, 2016

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Press Release
June 6, 2016

UCEDC Offers Training for Small Business Owners across New Jersey

EDA-Supported Training Course Helps State’s Entrepreneurs Achieve Success TRENTON, N.J. (June 6, 2016) – Upcoming training programs offered in several areas of the State by not-for-profit economic de…

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Press Release
May 13, 2016

EDA Board Action Encourages Growth in State’s Technology Sector

TRENTON, N.J. (May 13, 2016) – The Board of the New Jersey Economic Development Authority (EDA) today approved Grow New Jersey (Grow NJ) tax credits to support the attraction and growth of companies i…

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Press Release
May 4, 2016

EDA Connects 30+ Emerging Technology Companies with Investors during Fifth New Jersey Founders & Funders Event

Seamless Development’s Mathew Keister and Erin Marchon meet with Milestone Venture Partners’ Luke Page during NJ Founders and Funders. TRENTON (May 4, 2016) – Continuing its mission of fostering inno…

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Press Release
May 2, 2016

Application Now Open for Technology Business Tax Certificate Transfer Program

$60 Million Program Allows Eligible Companies to Sell Net Operating Losses for Capital TRENTON (May 2, 2016) – Continuing its commitment to fostering innovation and growing the State’s technology eco…

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Press Release
April 12, 2016

EDA Approves Loan to Fuel Growth of Middlesex County-Based Biotech Startup

TRENTON, N.J. (April 12, 2016) – Furthering the State’s commitment to support biotechnology companies throughout their lifecycle, the New Jersey Economic Development Authority (EDA) today approved Adm…

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Press Release
April 11, 2016

Small Businesses throughout New Jersey Benefit from EDA Programs

Range of State Resources Help Businesses Thrive TRENTON, N.J. (April 11, 2016) – As the New Jersey Economic Development Authority (EDA) continues its efforts to raise awareness of State resources ava…

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Press Release
March 11, 2016

Sterling National Bank Approved as EDA Premier Lender Partner

TRENTON, N.J. (March 11, 2016) – As part of its continued efforts to support small businesses, the Board of the New Jersey Economic Development Authority (EDA) today approved the designation of Sterli…

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Press Release
March 1, 2016

EDA Welcomes Rutgers University Spinout Visikol as Newest Commercialization Center for Innovative Technologies Tenant

Biotech Also Receives $500,000 Commitment from Foundation Venture Capital Group CCIT’s newest tenant, Rutgers University spinout startup Visikol, receives $500,000 commitment from Foundation Venture …

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Press Release
February 9, 2016

Angel Investor Tax Credit Program Injects $125 Million in New Jersey Emerging Tech Companies

More than $51 Million Invested in 2015 TRENTON (February 9, 2016) – Over $125 million has been invested in New Jersey-based emerging technology and biotechnology businesses through the Angel Investor…

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Press Release
January 12, 2016

State’s Manufacturing Sector Boosted by EDA Board Action

TRENTON, N.J. (January 12, 2016) – Action taken by the Board of the New Jersey Economic Development Authority (EDA) today under the Grow New Jersey Assistance Program (Grow NJ) includes projects that …

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Press Release
December 8, 2015

Support of Industries Targeted for Growth Continues at December EDA Board Meeting

TRENTON, N.J. (December 8, 2015) – Three projects approved today by the Board of the New Jersey Economic Development Authority (EDA) for Grow New Jersey (Grow NJ) tax credits will contribute to moment…

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Press Release
November 24, 2015

EDA CEO Visits Habitat for Humanity of Burlington County to Highlight State Financing Resources

Supports State’s Small Business Awareness Initiative From left to right are Lori Leonard, Executive Director, Habitat for Humanity of Burlington County; Melissa Orsen, CEO, New Jersey Economic Develo…

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Press Release
November 17, 2015

Visit to Tri-Power Consulting in Morris County by EDA CEO Highlights State Resources for Small Businesses

Supports State’s Small Business Awareness Initiative Anthony LaRosa, Principal, Tri-Power Consulting; Melissa Orsen, CEO, New Jersey Economic Development Authority; Robert Mastice, Principal, Tri-Pow…

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Press Release
November 13, 2015

State Support of Technology Sector Highlighted at Economic Development Authority Board Meeting

TRENTON, N.J. (November 13, 2015) –The Board of the New Jersey Economic Development Authority (EDA) today approved an array of projects that will contribute to the growth of the State’s technology sec…

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Press Release
October 15, 2015

Tech and Life Sciences Sector Job Creation, Private Investment Highlighted at EDA Board Meeting

TRENTON, N.J. (October 15, 2015) – Continuing its commitment to drive job creation and private investment within New Jersey’s vibrant technology sector, the Board of the New Jersey Economic Developmen…

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Press Release
August 17, 2015

Small Business Lending Program is Focus of EDA Visit to Newark Health Sciences Training Facility

(left to right:  Steven Gomez, Executive Director, GNEC; Melissa Orsen, CEO, New Jersey Economic Development Authority; Praveen Mudumba, M.D., Chief Operating Officer, Academy of Allied Health Science…

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Press Release
August 11, 2015

EDA August Board Meeting Highlights Array of State Support for Technology and Life Sciences Sector

TRENTON, N.J. (August 11, 2015) – Continuing the state’s commitment to supporting the growth of  the technology and life sciences industries, which are targeted for growth under the Economic Opportuni…

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Press Release
July 14, 2015

EDA Showcases Small Business Lending Program with Visit to Parlor Gallery in Asbury Park

Pictured, from left to right, are Jenn Hampton, Co-owner/Curator, Parlor Gallery; Melissa Orsen, Chief Executive Officer, New Jersey Economic Development Authority; and Marie Mascherin, Chief Lending …

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Press Release
July 9, 2015

EDA Board Action Helps Small Businesses Overcome Barriers to Success

TRENTON, N.J. (July 9, 2015) – Action taken by the Board of the New Jersey Economic Development Authority (EDA) today allows for the continuation of a strategic partnership  with UCEDC, a statewide no…

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Press Release
June 30, 2015

EDA Accepting Applications for Executives-in-Residence at Life Sciences Incubator in North Brunswick

Applications Now Available at www.njeda.gov/EIR TRENTON (June 30, 2015) – Building upon momentum generated by the success of the inaugural set of life sciences executives mentoring and advising emerg…

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Press Release
June 9, 2015

EDA Board Action Encourages Job Creation, Private Investment in Manufacturing Sector

TRENTON, N.J. (June 9, 2015) – Actions taken by the Board of the New Jersey Economic Development Authority (EDA) today under the Grow New Jersey Assistance Program (Grow NJ) include projects that supp…

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Press Release
May 15, 2015

EDA Board Action Illustrates Breadth of Support for Small Business

TRENTON, N.J. (May 15, 2015) – Actions taken by the Board of the New Jersey Economic Development Authority (EDA) today illustrate the various ways the State is able to support the growth of small busi…

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