
CSIT to Open Applications June 5 for Two R&D Seed Grant Programs
TRENTON, N.J. (May 31, 2023) – The New Jersey Commission on Science, Innovation and Technology (CSIT) will open applications on June 5 for two seed grant programs.

ICYMI: NJEDA Board Makes Wide-Ranging Set of Approvals to Continue Growing NJ’s Economy

NJEDA Seeks Public Input on How Employers Can Support Child Care
The New Jersey Economic Development Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking input for innovative ways that employers can help solve New Jersey’s child care challenges. Input may be used to inform the development of a pilot program that...

Residential Development Projects in Camden, Morristown, and Newark Approved for Aspire Tax Credits

NJEDA Approves Investment Firms to Manage Funds to Support Small & Early-Stage Businesses
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STATE APPROVES $1-MILLION INVESTMENT IN OMNI CAPITAL
Trenton, N.J. (July 24, 2008) – The State of New Jersey has approved a $1-million limited partnership investment in the OmniCapital Fund, which has been created by OmniCapital Group, LLC to invest in …
Read More >EDA ADDS ROMA BANK TO ITS LIST OF PREFERRED LENDERS
Trenton, N.J. (July 17, 2008) – The New Jersey Economic Development Authority (EDA) has approved Roma Bank as its newest Preferred Lender. The program, which supports Gov. Jon S. Corzine’s commitment…
Read More >SWITCH2HEALTH CORP. RECEIVES A $200,000 EDISON INNOVATION FUND INVESTMENT
Trenton, N.J. (July 15, 2008) – Switch2HealthTM Corporation (S2H) received a $200,000 Edison Innovation Fund investment to support its continued growth in North Brunswick. The company seeks to launch …
Read More >LEHMAN BROTHERS MAY BRING 500 JOBS TO JERSEY CITY
NJ Offers Business Incentive Grant to Entice Relocation from NYC Trenton, N.J. (July 8, 2008) – In an effort to entice Lehman Brothers and hundreds of jobs across the Hudson River, the State of New J…
Read More >OFFICIALS CELEBRATE EXPANSION AND RENOVATION OF HEALTH CARE FACILITY IN PATERSON
Paterson Mayor Jose “Joey” Torres, EDA CEO Caren Franzini, Passaic County Freeholder Director Sonia Rosado and Dr. Stuart Rauch celebrate the expansion and renovation of Doctors Subacute Care in Pater…
Read More >LOW-INTEREST STATE EDA FINANCING HELPS BRING NEW WANAQUE REDEVELOPMENT PROJECT TO LIFE
Wanaque, N.J. (June 5, 2008) – A local developer has transformed several underutilized and deteriorating properties along the main street in this Passaic County community into a thriving new downtown …
Read More >EDA ADDS COLUMBIA BANK, PEAPACK-GLADSTONE BANK TO ITS LIST OF PREFERRED LENDERS
TRENTON, N.J. (May 20, 2008) – The New Jersey Economic Development Authority (EDA) has approved two new community-based financial institutions – Columbia Bank and Peapack-Gladstone Bank – as its newes…
Read More >SCHOOL BONDS REFUNDED
Trenton, N.J. (April 24, 2008) – Office of Public Finance Director Nancy Feldman has announced that the New Jersey Economic Development Authority priced $462.8 million School Facilities Construction R…
Read More >NJ FUTURE HONORS EDA-ASSISTED ELEVEN 80 IN NEWARK WITH 2008 SMART GROWTH AWARD
Trenton, N.J. (April 23, 2008) – A diverse group of innovative development and redevelopment projects located in cities, towns and townships across New Jersey will be honored with 2008 Smart Growth Aw…
Read More >GLOBAL PRINT SYSTEMS, INC. TO GROW WITH EDISON INNOVATION FUND INVESTMENT
Trenton, N.J. (April 17, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $200,000 Edison Innovation Fund investment to assist in the expansion of Evesham-based GlobalPrint Sys…
Read More >EDISON INNOVATION FUND INVESTMENT TO ASSIST MOUNT LAUREL TECH-COMPANY
Trenton, N.J. (April 9, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $200,000 Edison Innovation Fund investment to assist Mt. Laurel-based Innovation Engineering Inc., a te…
Read More >EDA-ASSISTED TECH AND LIFE SCIENCES COMPANIES HONORED BY NJTC AS ‘BEST IN SHOW’ WINNERS
The New Jersey Technology Council (NJTC) crowned the “Best in Show” at its 2008 New Jersey Venture Conference, held on March 28 at The Palace at Somerset Park in Somerset. Winners were announced after…
Read More >SCHOOL BONDS REMARKETED
Trenton, N.J. (April 2, 2008) – The Office of Public Finance has announced that the New Jersey Economic Development Authority today remarketed $617 million School Facilities Construction Bonds, Sub-se…
Read More >NEW PROVIDENCE TECHNOLOGY COMPANY ELANTI SYSTEMS TO EXPAND OPERATIONS WITH EDISON INNOVATION FUND INVESTMENT
Trenton, N.J. (April 1, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $1-million Edison Innovation Fund investment to assist New Providence-based Elanti Systems, Inc., a lea…
Read More >EKR THERAPEUTICS RAISES OVER $145 MILLION IN SUPPORT OF GROWTH
Specialty Pharma Company Sees Recent Product Acquisitions Bolstering Its 2008 Revenue Base 10-Fold Cedar Knolls, N.J., (March 10, 2008) – EKR Therapeutics, Inc., a specialty pharmaceutical company foc…
Read More >BATTELLE VENTURES, AFFILIATE INVEST IN NISTICA, SUPPLIER OF AGILE OPTICAL MODULES; LEAD $9-MILLION SERIES B ROUND TO BOOST BROADBAND TRIPLE PLAY NETWORKS
Nistica also reports $1 million investment from N.J. Economic Development Authority Princeton, N.J. (February 25, 2008) – Battelle Ventures, LP, and its affiliate fund, Innovation Valley Partners (IV…
Read More >NEW EDA LOW-INTEREST LOAN PRODUCT TARGETS NINE URBAN CENTERS
The New Jersey Economic Development Authority (EDA) has developed a new product – Urban Plus – that provides up to $3 million for projects in nine key urban centers of the state. The product supports …
Read More >NEW EDA FASTSTART for small business PRODUCT ENHANCES STATE SUPPORT FOR SMALL-BUSINESS GROWTH
Credit-worthy companies operating in the state for at least one year may now be eligible for low-interest, fixed-asset financing up to $300,000 through a new product unveiled by the New Jersey Economi…
Read More >EDA VISITS SHOPRITE SUPERMARKET IN MILLVILLE
(L-R) Tim Lizura, EDA Senior Vice President of Business Development, Laura Wallick, EDA Regional Director for Business Development in Southern NJ, Patrick Bottino, Jr., Store Director, James Bottino, …
Read More >COMMERCIALIZATION CENTER FOR INNOVATIVE TECHNOLOGIES RECEIVES INTERNATIONAL HONOR
The National Business Incubation Association (NBIA) has awarded the Soft Landings International Incubator designation to the Commercialization Center for Innovative Technologies (CCIT), part of the Ne…
Read More >EDISON INNOVATION FUND’S NEWEST VENTURE CAPITAL INVESTMENT TO SUPPORT GROWTH OF LIFE SCIENCES BUSINESSES IN NJ
The New Jersey Economic Development Authority (EDA) has finalized a limited partnership investment in NewSpring Health Capital II, L.P., a diversified healthcare equity fund managed by NewSpring Capit…
Read More >FRANKLIN TOWNSHIP-BASED TECHNOLOGY COMPANY TO EXPAND WITH EDISON INNOVATION FUND INVESTMENT
The New Jersey Economic Development Authority (EDA) has closed a $750,000 Edison Innovation Fund investment to assist Franklin Township-based Dynamic Mobile Data Systems, Inc. (DMD), a technology comp…
Read More >EDA HOSTS “OPEN DOOR DAY FOR ENTREPRENEURS” IN SUPPORT OF STATE EFFORTS TO ENCOURAGE SMALL BUSINESS GROWTH
More than 35 new and aspiring business owners will have a better chance of moving forward with their business ideas thanks to the guidance and information they acquired at a recent “Open Door Day for …
Read More >EDA HOSTS “OPEN DOOR DAY FOR ENTREPRENEURS” IN SUPPORT OF STATE EFFORTS TO ENCOURAGE SMALL BUSINESS GROWTH
More than 35 new and aspiring business owners will have a better chance of moving forward with their business ideas thanks to the guidance and information they acquired at a recent “Open Door Day for …
Read More >NEWARK MEDICAL TECHNOLOGY COMPANY TO EXPAND WITH EDISON INNOVATION FUND INVESTMENT
The New Jersey Economic Development Authority (EDA) has closed a $250,000 Edison Innovation Fund investment to assist Newark-based NeuroTrax Corporation, a medical technology company that designs, dev…
Read More >EDA RAISES PREFERRED LENDER FINANCING LIMITS TO SUPPORT STATE EFFORTS TO ENCOURAGE SMALL, MID-SIZE BUSINESS GROWTH IN NJ
The New Jersey Economic Development Authority (EDA) has increased the maximum financing levels available under its Preferred Lender Program to assist growing businesses in the state that want to borro…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK
Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences. To support this import…
Read More >EDISON INNOVATION FUND HELPS TRIS PHARMA EXPAND
New Jersey Provides Support to Emerging Leader in Life Sciences R&D to Ensure Continued Growth Trenton, N.J. (November 28, 2007) – The New Jersey Economic Development Authority (EDA) announced today t…
Read More >EDISON INNOVATION FUND HELPS TRIS PHARMA EXPAND
New Jersey Provides Support to Emerging Leader in Life Sciences R&D to Ensure Continued Growth Trenton, N.J. (November 28, 2007) – The New Jersey Economic Development Authority (EDA) announced today t…
Read More >STATE APPROVES 92 COMPANIES TO SHARE $60 MILLION AVAILABLE THROUGH INNOVATIVE AND ENHANCED TAX TRANSFER PROGRAM
Ninety-two technology and biotechnology companies have been approved to share the $60 million allocation available in 2007 through the State of New Jersey’s innovative and enhanced Technology Business…
Read More >EDISON INNOVATION FUND INVESTMENT ASSISTS WARREN TOWNSHIP-BASED TECH COMPANY
The New Jersey Economic Development Authority (EDA) has closed a $1-million investment through the Edison Innovation Fund to assist in the growth of Chromis Fiberoptics, Inc., a pioneer in the technol…
Read More >GOVERNOR CORZINE JOINS OFFICIALS FOR STEM CELL INSTITUTE OF NEW JERSEY GROUNDBREAKING CEREMONY
Christopher Reeve Pavilion Unveiled New Brunswick, N.J. (October 23, 2007 ) – Governor Jon S. Corzine today joined state and local dignitaries for the groundbreaking ceremony of the Stem Cell Institut…
Read More >THE BANK BECOMES EDA PREFERRED LENDER; PROGRAM IS DESIGNED TO SPEED FLOW OF CAPITAL TO GROWING STATE BUSINESSES
The Bank has become the latest financial institution to become a New Jersey Economic Development Authority (EDA) Preferred Lender. The program is designed to streamline the EDA’s loan-approval process…
Read More >EDA-ACCION PARTNERSHIP PROVIDES $500,000 TO SMALL, WOMEN- AND MINORITY-OWNED BUSINESSES
Seven months after receiving a $500,000 loan from the New Jersey Economic Development Authority (EDA) through the New Jersey Urban Fund, ACCION New Jersey has already disbursed the full amount to smal…
Read More >EDA JOINS ARCHIVE SYSTEMS ON TOUR OF FAIRFIELD HEADQUARTERS
The New Jersey Economic Development Authority (EDA) joined representatives of Archive Systems, Inc. on a tour today of its headquarters in Fairfield Borough. Earlier this year, EDA converted $250,000 …
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