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Press Release
March 7, 2019

Cross River Brings Innovative Approach and 255 New Jobs to Fort Lee

TRENTON, N.J. (MARCH 7, 2019) – Cross River Bank, a New Jersey financial institution known for its innovative use of new technology, is expanding in the Garden State with support from the New Jersey E…

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Press Release
March 6, 2019

​Research with NJ Database Adds Montclair State University

Database now includes all six research universities in the Garden State TRENTON, N.J. (March 6, 2019) – Montclair State University has now been integrated into the “Research with NJ” online database,…

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Press Release
February 28, 2019

Small Business’s Success Illustrates Far-Reaching Effects of NJEDA Programs

TRENTON, N.J. (February 28, 2019) – The success of one women-owned small business in Atlantic City shows the far-reaching impact New Jersey Economic Development Authority (NJEDA) programs can have on …

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Press Release
February 27, 2019

​The Original Pogo Stick Company Flybar Relocates to New Jersey with NJEDA Support

TRENTON, N.J. (February 27, 2019) – In 2015, entrepreneurs Saul Wolhendler and Abraham Goldberger purchased Flybar, Inc., best known as the original pogo stick company, with a vision to move the compa…

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Press Release
February 20, 2019

Kearny Point Welcomes NJ Ignite Participant

Carbon22 Engineers Rachael Mesibov and Santiago Suniaga set up the company’s office within Kearny Point. Medical Device Startup Carbon22 Moves to Hudson County facility with NJEDA Support TRENTON (F…

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Press Release
February 15, 2019

​PrimeWork & Incutate Become Latest Coworking Spaces Approved to Offer Rent Support Through NJ Ignite

Trenton, N.J. (February 15, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced that PrimeWork and Incutate have been approved as the latest collaborative workspaces that can…

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Press Release
January 22, 2019

Applications Now Open for NJ Offshore Wind Tax Credit Program

TRENTON, N.J. (January 22, 2019) – Companies making a capital investment in offshore wind-related facilities in the seven southern counties of New Jersey can now apply for tax credits through New Jers…

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Press Release
January 9, 2019

NJEDA, African American Chamber of Commerce of NJ Launch Program to Prepare Minority-, Woman-Owned Businesses to Compete for Government Contracts

Participants in the new Small Business Bonding Readiness Assistance Program gain tools necessary to compete for state and federal government contracts. TRENTON, N.J. (January 9, 2019) – The African A…

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Press Release
December 19, 2018

NJEDA Issues Request for Ideas and Best Practices to Assist Small Businesses

TRENTON, N.J. (December 19, 2018) – Continuing its efforts to better foster a dynamic, supportive environment for New Jersey’s entrepreneurs and small businesses, the New Jersey Economic Development A…

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Press Release
December 13, 2018

​NJEDA Support Enables Dental Implant Distributor ids to Establish Permanent Home in Bergen County

TRENTON, N.J. (December 13, 2018) – To Integrated Dental Systems (ids) co-founders Carey Lyons and David Singh, building a successful enterprise is about more than simply selling products. ids provide…

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Press Release
December 12, 2018

The RealReal Commits to Expansion, Job Creation in Middlesex County

TRENTON, N.J. (December 12, 2018) – The RealReal, Inc., an online marketplace for authenticated, high-end resale clothing and home furnishings, has committed to expanding its presence in New Jersey, i…

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Press Release
November 30, 2018

Research with NJ Honored for Fostering Innovation within the Garden State

NJEDA CEO Tim Sullivan (at podium) joins Research with NJ partners in accepting NJ Tech Council’s Collaborator of the Year award. TRENTON (November 30, 2018) – Research with NJ, a free portal that sh…

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Press Release
November 30, 2018

Suuchi Inc. Commits to Grow in New Jersey, Create More than 400 Advanced Manufacturing Jobs

TRENTON, N.J. (November 30, 2018) – Suuchi Inc., a woman-owned technology and supply chain startup, announced today that it will remain and grow in New Jersey, finalizing a lease to occupy space at Ke…

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Press Release
November 19, 2018

NJEDA Launches Application for Second Round of Innovation Challenge Program

TRENTON, N.J. (November 19, 2018) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for a new round of funding for municipalities and counties to develop plans to b…

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Press Release
November 16, 2018

Reflik, Inc. & Gridless Power to Scale Up Business with Support from NJ CoVest Fund

TRENTON, N.J. (November 16, 2018) – Somerset-based Reflik, Inc. and Gridless Power, located in Collingswood, are the first companies to close on funding through the NJ Covest Fund, the New Jersey Econ…

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Press Release
November 16, 2018

NJEDA Establishes Dedicated Small Business Unit

NJEDA Establishes Dedicated Small Business Unit Announcement Follows Recent Efforts to Expand Access to Capital for Small Business Community TRENTON (November 16, 2018) –To help advance a key compone…

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Press Release
November 15, 2018

NJEDA Approves 61 Angel Investor Tax Credit Investments During Record-Breaking Quarter

Program Sees Injection of Nearly $21 Million into New Jersey Innovation Ecosystem TRENTON, N.J. (November 15, 2018) – The New Jersey Economic Development Authority (NJEDA) has announced the approval …

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Press Release
November 9, 2018

NJEDA Takes Steps to Increase Access to Capital for Small Businesses

TRENTON, N.J. (November 9, 2018) – The New Jersey Economic Development Authority (NJEDA) today unveiled several enhancements to its lending programs to help increase access to growth capital for small…

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Press Release
November 5, 2018

NJEDA Begins Working with Innovation Challenge Winners to Advance Community-Focused Projects

TRENTON, N.J. (November 5, 2018) – The New Jersey Economic Development Authority (NJEDA) today kicked off a series of meetings to begin working with the nine municipalities and counties that were awar…

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Press Release
October 11, 2018

Governor Phil Murphy Announces New Program to Improve Access to Capital for Small Businesses

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Press Release
September 21, 2018

​EDA Announces First Loan Approval Under New Premier Lender Partnership with ConnectOne Bank

Financing will Fuel Relocation of Wholesaler OEM Source from Brooklyn to Union County TRENTON, N.J. (September 21, 2018) – A recently-approved ConnectOne Bank loan with a New Jersey Economic Developm…

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Press Release
August 29, 2018

​EDA Program Helps Two Women-Owned Passaic City Eateries Transform Vacant Properties into Thriving Businesses

TRENTON, N.J. (August 29, 2018) – A newly-opened restaurant on Lexington Avenue and a bakery on Market Street are the latest Passaic City businesses to make improvements to their facilities with suppo…

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Press Release
August 15, 2018

Governor Phil Murphy Signs Legislation Re-Establishing Commission on Science, Innovation and Technology

“Research with NJ” Database Showcasing New Jersey’s Scientific and Technological Expertise Also Launched NORTH BRUNSWICK –  Continuing his commitment to strengthen the Garden State’s innovation econo…

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Press Release
August 1, 2018

EDA Creates New Office of International Trade and Investment to Drive Economic Growth

TRENTON, NJ (August 1, 2018) –  In support of Governor Phil Murphy’s stronger and fairer economic agenda, the New Jersey Economic Development Authority (EDA) today announced it has created a new Offic…

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Press Release
July 25, 2018

Governor Murphy Announces Tools to Spur Innovation and Growth of High-Tech Firms

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Press Release
July 16, 2018

​Momentum Builds on Camden’s Market Street with Support of EDA Small Business Grants

TRENTON, N.J. (July 16, 2018) – Several new small businesses will soon be adding to the resurgence of Market Street in Camden, once two property owners make improvements to five recently acquired prop…

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Press Release
July 9, 2018

New Jersey Economic Development Authority and More Than 60 Partners Join Forces for Voice Summit July 24-26 at NJIT in Newark

The year’s largest voice-technology event sponsored by Amazon Alexa provides rare opportunity for developers and companies from across the state to get ahead of a fast-moving industry shift Illustrat…

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Press Release
June 26, 2018

EDA Small Business Grant Program Helps Five Passaic County Businesses Make Improvements

TRENTON, N.J. (June 26, 2018) – Five Passaic County urban businesses are making improvements to their facilities with funding provided through the New Jersey Economic Development Authority’s (EDA’s) B…

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Press Release
June 13, 2018

New Jersey Biotechnology Task Force Issues Recommendations to Boost State’s Biotechnology Sector

TRENTON, N.J. (June 13, 2018) –The New Jersey Biotechnology Task Force today issued its final report of activities, findings, conclusions, and recommendations for legislation or administrative action …

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Press Release
June 5, 2018

New Jersey Launches Research Portal to Drive Industry/Academic Collaboration

“Research with NJ” Showcased at BIO International New Jersey Pavilion Boston, MA – New Jersey unveiled a comprehensive database of scientific research from five prominent New Jersey universities this…

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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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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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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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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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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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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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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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