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…

CSIT Awards $450,000 Through Second Round of NJ SBIR/STTR Direct Financial Assistance Program

TRENTON, N.J. (February 22, 2021) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced that it has awarded a total of $450,000 to 16 early-stage companies through the state’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) Direct Financial Assistance Program.

NJEDA To Award $14 Million in Grants to 27 Entities Statewide through Sustain & Serve NJ

TRENTON, N.J. (February 25, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced that it anticipates awarding almost $14 million in grants to 27 organizations through its Sustain & Serve NJ program. The NJEDA launched…

CSIT Announces Competitive State Grant Program for Technical Assistance Providers Vying for Federal Funding

TRENTON, N.J. (February 24, 2021) The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced that it will begin accepting applications next month for a competitive matching grant that will provide $225,000 to a New Jersey technical assistance provider vying for participation in the Federal and State Technology (FAST) Partnership Program.

Housing Market, Foreign Direct Investment, and GDP by County

To an economist, housing is like any other market: it’s about supply and demand. And while demand for New Jersey homes has swelled, supply has done quite the opposite. And, as a result, prices have surged higher.

NJEDA Gathers Public Feedback on Implementation of Economic Recovery Act of 2020

TRENTON, N.J. (February 17, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that it has launched a website to provide information on the recently-signed Economic Recovery Act of 2020…

Notice of CSIT Board Meeting – 2/19/2021

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, February 19, 2021 at 10:00 am

A copy of the proposed agenda can be found at https://www.njeda.gov/csitagenda_02192021/

CCRC – Notice of Annual Meeting – 2/16/2021

The Capital City Redevelopment Corporation Board Annual meeting is scheduled for 11:00 am on Tuesday, February 16, 2021, via teleconference only.

NJ Capital Connections

The New Jersey Economic Development Authority (NJEDA) kicked off 2021 by launching an Angel/Venture Capital Funding website to showcase capital raises along with mergers and acquisitions throughout the Garden State. 

La NJEDA volverá a ofrecer descuentos del alrededor del 70% en PPE a partir del 16 de febrero

 TRENTON, N.J. (12 de febrero de 2021) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció hoy que tiene planeado volver a ofrecer descuentos de aproximadamente el 70% en el precio de equipos de protección personal (PPE) que se adquieran a través del Programa de acceso a PPE para pequeñas empresas y microempresas de NJ implementado por la Autoridad.

NJEDA Received Record-Breaking 700+ Angel Investor Tax Credit Program Applications in 2020

TRENTON, NJ (February 11, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that interest in its Angel Investor Tax Credit Program saw record levels in 2020, as investors submitted more than 700 applications, nearly three times the average of previous program years.

NJEDA Board Approves Implementation of GROW NJ Accommodations to Address COVID-19 Impacts

The NJEDA Board of Directors today approved the implementation of new accommodations for COVID-19 impacted businesses that had previously been approved for Grow New Jersey (Grow NJ) awards.

NJEDA to Bring Back Nearly 70% Discounts on PPE Beginning February 16

The NJEDA today announced plans to bring back discounts of nearly 70 percent off the price of personal protective equipment (PPE) purchased through the Authority’s New Jersey Small and Micro Business PPE Access Program.

NJEDA Board Approves ERG Award for Hinchliffe Stadium Redevelopment

The New Jersey Economic Development Authority (NJEDA) Board of Directors today approved an Economic Redevelopment and Growth (ERG) Program tax credit for the redevelopment of Hinchliffe Stadium in Paterson, New Jersey. 

NJEDA-Supported Companies Raise $31.98 Million During Last Quarter of 2020

Several NJEDA-supported companies were among those to receive investments, six of them raising a combined $31.98 million, plus a seventh that raised an undisclosed amount. Two Princeton-based  companies – Arable Labs and Soligenix previously participated in New Jersey’s Net Operating Loss (Program). The NOL Program allows companies that have not yet reached profitability to sell […]

La NJEDA difiere la preinscripción para la Fase 2 del Programa de préstamos de emergencia para pequeñas empresas

TRENTON, N.J. (8 de febrero de 2021) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) hoy anunció que se diferirá la preinscripción para la Fase 2 del Programa de préstamos de emergencia para pequeñas empresas.

Governor Murphy Highlights Brownfields Redevelopment Tax Credit, Launches Loan Program Supporting Brownfields Remediation

TRENTON – Governor Phil Murphy today highlighted two programs that will support the transformation of contaminated brownfields into vibrant community assets. 

New Jersey Small and Micro Business PPE Access Program Phase 2

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, the nine sector-based committees of the Governor’s Restart and Recovery Advisory Council and input from numerous small and micro businesses.

CSIT Opens Application for Cleantech Seed Grant Program

Program Makes up to $75,000 Available to Companies Furthering Clean Tech R&D TRENTON, N.J. (February 8, 2021) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today opened the application for its Clean Tech Seed Grant Program. The program will help accelerate development and innovation of clean technologies by furthering research and development […]

NJEDA Defers Pre-Registration for Phase 2 of Small Business Emergency Assistance Loan Program

TRENTON, N.J. (February 5, 2020) – The New Jersey Economic Development Authority (NJEDA) today announced that pre-registration for Phase 2 of the Small Business Emergency Assistance Loan Program will be deferred.

NJEDA, NJBPU, and OSHE to Invest $3 Million in Offshore Wind Workforce Development through New Jersey Offshore Wind Safety Training Challenge

TRENTON, N.J. (February 4, 2021) – The New Jersey Economic Development Authority (NJEDA) and the New Jersey Office of the Secretary of Higher Education (OSHE) today announced the launch of the New Jersey Offshore Wind Safety Training Challenge, a new $3 million program launched with funding from the New Jersey Board of Public Utilities (NJBPU) […]