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ALL NEWs & UPDATES

Press Release
August 13, 2019

Two High Profile Film Projects Approved for New Jersey Film Tax Credits

Newark and Paterson Welcome Major Studio Productions TRENTON, N.J. (August 13, 2019) – The New Jersey Economic Development Authority (NJEDA) Board today approved two major film projects for tax credi…

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Press Release
August 8, 2019

NJEDA, DEP ANNOUNCE LIST OF COMMUNITIES IN EXPANDED COMMUNITY COLLABORATIVE INITIATIVE

The New Jersey Economic Development Authority (NJEDA) and Department of Environmental Protection (DEP) today announced the list of municipalities that will be included in the expanded the Community Co…

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Press Release
August 1, 2019

Applications Now Live for NJEDA Opportunity Zone Challenge

TRENTON, N.J. (August 1, 2019) – Grant applications for the New Jersey Economic Development Authority (NJEDA) Opportunity Zone Challenge Program are now live at https://www.njeda.gov/financing_incenti…

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Press Release
July 23, 2019

NJEDA Issues Survey to Gain Insight into Job Creation Under Grow NJ

TRENTON, N.J. (July 23, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced a survey of businesses that have been approved for tax credits under the Grow New Jersey (Grow NJ)…

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Press Release
July 18, 2019

​NJEDA Launches New Programs to Support Small Business Growth

TRENTON, N.J. (July 18, 2019) – In support of Governor Phil Murphy’s plan for building a stronger and fairer economy by better supporting small business, the New Jersey Economic Development Authority …

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Press Release
July 18, 2019

NJEDA Continues Outreach to Grow NJ Recipients

TRENTON, N.J. (July 18, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that it has requested clarifying information from three additional companies across the state rega…

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Press Release
July 16, 2019

NJEDA Announces Opportunity Zone Challenge Program

Grants Available to Support Municipal, County Plans to Attract Investment in Underserved Communities TRENTON, N.J. (July 16, 2019) – The New Jersey Economic Development Authority (NJEDA) today launch…

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Press Release
July 16, 2019

First Lady Tammy Murphy and NJEDA Announce Partnership with Golden Seeds to Increase Funding for Women-Led Startups

TRENTON, N.J. (July 16, 2019) – First Lady Tammy Murphy and the New Jersey Economic Development Authority today announced that the NJEDA Board of Directors approved a proposal to organize a New Jersey…

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Press Release
July 15, 2019

NJEDA Visits Haleemah Islamic Fashions in Trenton to Showcase Benefits of Small Business Lease Assistance Program

Support through NJEDA’s Small Business Lease Assistance Program enabled small business owner Prestina Ray to open Haleemah Islamic Fashions in downtown Trenton. TRENTON, N.J. (July 15, 2019) – Repres…

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Press Release
July 11, 2019

​HealthTech Startup Becomes Second Company to Benefit from NJ Ignite

Big Magic, Inc. Moves to NJIT Incubator with NJEDA Support TRENTON, N.J. (July 11, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that health-technology startup Big Mag…

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Press Release
July 11, 2019

​HealthTech Startup Becomes Second Company to Benefit from NJ Ignite

Big Magic, Inc. Moves to NJIT Incubator with NJEDA Support TRENTON, N.J. (July 11, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that health-technology startup Big Mag…

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Press Release
July 10, 2019

New Jersey Expands Angel Investor Tax Credit for Investments in Emerging Tech Businesses

New Program Includes Bonus for Investing in Low-Income Communities or Minority-, Women-Led Businesses TRENTON, N.J. (July 10, 2019) – Furthering his commitment to grow New Jersey’s innovation economy…

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Press Release
July 1, 2019

​Alliance Calibrations Group Moves to Larger, Permanent Facility with NJEDA Support

South Derrick Benns, ACG Administrators Michael Szubrowski and Claudia Alves, ACG COO Joseph Fantuzzo, ACG CEO David Good, NJEDA Managing Director of Business Development Paul Ceppi, NJEDA Senior Busi…

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Press Release
June 13, 2019

Additive Orthopaedics to Bolster Product Line, Hire New Employees with Support from NJ CoVest Fund

TRENTON, N.J. (June 13, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced that it has closed a $250,000 convertible note to Monmouth County-based Additive Orthopaedics thro…

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Press Release
June 6, 2019

NJEDA Rebrands Research Park as New Jersey Bioscience Center to Better Reflect Park’s Life Sciences Focus

New Jersey Bioscience Center replaces The Technology Centre of New Jersey as the name of the NJEDA’s 50-acre research park in North Brunswick. North Brunswick, N.J. (June 6, 2019) – The New Jersey Ec…

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Press Release
June 6, 2019

NJ CoVest Fund Loan Helps Fuel Growth of InquisitHealth’s Peer-to-Peer Mentorship Platform

TRENTON, N.J. (June 6, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that it has closed on a $250,000 convertible note to River Edge-based InquisitHealth to help the he…

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Press Release
May 30, 2019

Mill Hill Pharmacy Opens in Trenton with NJEDA Support

From left: NJEDA Managing Director of Business Development Paul Ceppi, NJEDA Director of Small Business Services Christina Fuentes, Mill Hill Pharmacy Co-Owner Elina Elkind TRENTON, N.J. (May 30, 201…

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Press Release
May 29, 2019

Food and Beverage Manufacturers of All Sizes Find Support and Solutions at the Rutgers Food Innovation Center

Julie Elmer, Rutgers Food Innovation Center Associate Director Food Technology, works with a team to produce a frozen entrée. TRENTON, N.J. (May 29, 2019) – For nearly two decades, entrepreneurs deve…

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Press Release
May 24, 2019

NJEDA, Ocean County Vocational Technical School Launch Free Field Trip Program to Educate Students about Careers in Advanced Manufacturing

NJEDA CEO Tim Sullivan and Superintendent of OCVTS Karen Homiek sign an MOU to create a partnership that will provide free field trips to advanced manufacturing facilities for middle and high school s…

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Press Release
May 24, 2019

Biotech Startups Selected to Accompany NJEDA to BIO International Highlight Advantages of Locating in New Jersey

Five startups will accompany the New Jersey delegation to BIO International Convention to showcase innovation in the Garden State. Photo credit: Choose NJ TRENTON, N.J. (May 24, 2019) – The New Jerse…

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Press Release
May 17, 2019

NJEDA Issues RFQ for Development of Former Riverfront State Prison Site in Camden

CAMDEN, N.J. (May 16, 2019) – The New Jersey Economic Development Authority (EDA) today released a Request for Qualifications (RFQ) seeking eligible respondents for the purchase and development of the…

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Press Release
May 14, 2019

NJEDA, NJMEP Announce Manufacturing Resource Guide Pilot Program

The New Jersey Economic Development Authority (NJEDA) and New Jersey Manufacturing Extension Program (NJMEP) today announced a pilot program to expand a Manufacturing Resource Guide. The initiative bu…

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Press Release
May 13, 2019

​Graduates of NJEDA, AACCNJ Small Business Training Program Qualify for Millions in Bonds

and women-owned businesses to obtain bonds, a crucial step in competing for state and federal government contracts. “We are thrilled with the Small Business Bonding Readiness Assistance Program’s suc…

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Press Release
May 13, 2019

​NJEDA Support Enables Café/Restaurant Tavolo Pronto to Establish Permanent Location in Fair Haven

From left: NJEDA’s Director of Business Development – South Region, NJEDA Managing Director of Business Development Paul Ceppi,  1 st Constitution Bank Vice President Jessica Dudick, Tavolo Pronto own…

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Press Release
May 9, 2019

Entrepreneurs and Investors Convene at Cherry Hill Mall’s 1776 for NJEDA’s Latest New Jersey Founders & Funders Event

Tim Sullivan highlights NJEDA resources available to NJ’s startup community during today’s New Jersey Founders & Funders events. Cherry Hill, N.J. (May 9, 2019) – More than two-dozen New Jersey entre…

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Press Release
May 6, 2019

NJEDA Support Enables Manufacturing Company Trenton Corrugated Products to Continue Operating Under New Ownership

South Derrick Benns, M&T Bank Vice President Andrew Martin, NJEDA CEO Tim Sullivan, Trenton Corrugated Products Owner Ian Bernstein, NJEDA Senior Business Development Officer Kathleen Durand. TRENTON…

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Press Release
May 1, 2019

NJEDA Begins Accepting Applications for 2019 Technology Business Tax Certificate Transfer (NOL) Program

$60 Million Program Allows Eligible Companies to Sell Net Operating Losses for Cash TRENTON, N.J. (May 1, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that it is curr…

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Press Release
April 17, 2019

​Barth’s Market Uses NJEDA Resources to Expand in Union County

North Mathew Abraham, NJEDA Managing Director of Business Development Paul Ceppi, and NJEDA Business Development Officer Monika Athwal TRENTON, N.J. (April 17, 2019) – Representatives from the New Je…

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Press Release
April 11, 2019

​NJEDA Approves Indiegrove, Princeton Innovation Center Biolabs & Cowork Street to Participate in NJ Ignite

TRENTON, N.J. (April 11, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that it has approved the addition of female-led coworking spaces Indiegrove, Princeton Innovation…

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Press Release
April 9, 2019

NJEDA Expands Brownfields Loan Program to Support Revitalization of Contaminated Properties

TRENTON, N.J. (April 9, 2019) – The New Jersey Economic Development Authority (NJEDA) today approved the creation of a new Brownfields Loan Program that will provide low-interest financing to help com…

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Press Release
April 9, 2019

Governor Murphy Announces New Jersey Offshore Wind Supply Chain Registry

NEW YORK, N.Y. – Speaking to a packed house of wind industry leaders at the IPF Supply Chain Conference, Governor Phil Murphy today announced the creation of a New Jersey Offshore Wind Supply Chain Re…

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Press Release
April 8, 2019

Treasury & EDA Hosting Follow-up Subcontractor Opportunity Forum to Boost Inclusivity in $225 Million State Office Building Development Project

More than Half of Professional Service Providers and Subcontractors on the Project are Small, Minority, Veteran, and Women-Owned Businesses TRENTON – The New Jersey Department of the Treasury and the…

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Press Release
April 3, 2019

NJEDA Small Business Lease Assistance Program Application Now Live

TRENTON, N.J. (April 3, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced applications for the Small Business Lease Assistance Program are now available. The program, which…

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Press Release
March 20, 2019

Inclusion and Economic Growth Take Center Stage at Diversity in Film and Television Production Forum

Jose Lozano, President & Chief Executive Officer for Choose New Jersey, discusses efforts to expand New Jersey’s film and TV industry. NEWARK, N.J. (March 20, 2019) – State and local officials joined…

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Press Release
March 15, 2019

​NJEDA To Hold Upcoming New Jersey Founders & Funders at 1776’s New Cherry Hill Mall Location

1776 in the Cherry Hill Mall TRENTON, N.J. (March 15, 2019) – The New Jersey Economic Development Authority (NJEDA) announced today that it will hold its next New Jersey Founders & Funders event on M…

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Press Release
March 13, 2019

​NJEDA and NJ Treasury Seeking Artists for New State Buildings in Trenton

TRENTON, N.J. (March 13, 2019) – The state of New Jersey is seeking artists to design, construct, and install artwork for the new state office buildings being constructed in downtown Trenton, the NJ E…

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Press Release
March 12, 2019

​NJEDA and DEP Expand Community Collaborative Initiative into Additional Cities

TRENTON, N.J. (March 12, 2019) – As part of Governor Phil Murphy’s efforts to build a stronger, fairer New Jersey economy through targeted investments in communities, the New Jersey Economic Developme…

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Press Release
March 12, 2019

NJEDA Selects Five Additional Communities to Receive $100,000 Through Innovation Challenge

TRENTON, N.J. (March 12, 2019) –The New Jersey Economic Development Authority (NJEDA) announced today that it will award $100,000 to each of the following five communities as part of the second round …

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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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