NJEDA to Open Applications for 2024 NOL Program
NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies
NJEDA Establishes New Jersey Green Bank to Advance Climate Goals
NJEDA Board Approves Anchor Tenants for Maternal and Infant Health Innovation Center
NJEDA Approves Creation of $7M Green Workforce Training Grant Challenge
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APPLICATIONS NOW AVAILABLE ONLINE FOR $170 MILLION IN ECONOMIC STIMULUS ASSISTANCE
InvestNJ, Main Street Programs Support Capital Investment, Job Creation Trenton, N.J. (January 21, 2009) – Applications are now available online from the New Jersey Economic Development Authority (ED…
Read More >ECONOMIC DEVELOPMENT AUTHORITY ADDS CITZENS BANK AS LATEST PREFERRED LENDER
Financial Institution is 14th Granted Special Status by State Agency Trenton, N.J. (January 15, 2009) – Citizens Bank of Pennsylvania, which operates 15 banking offices in Burlington and Camden counti…
Read More >EDA PROVIDED $540 MILLION IN FINANCING, INCENTIVES, TAX CREDITS
Trenton, N.J. (December 22, 2008) – The New Jersey Economic Development Authority (EDA) continued to advance Gov. Jon S. Corzine’s Economic Growth Strategy in 2008 by finalizing nearly $540 million in…
Read More >DATA CENTER DEVELOPMENT THRIVES IN NEW JERSEY
New Facility in Clifton Attracts Additional Data Users, Boosts Capabilities for Business Trenton, N.J. (December 17, 2008) – State and local government officials joined with Mountain Development Corp….
Read More >NEW JERSEY CELEBRATES REDEVELOPMENT PROJECT IN NEPTUNE
Project Underscores Importance of Investing in New Jersey’s Cities Trenton, N.J. (December 16, 2008) – State and local government officials joined CityWorks on Tuesday to celebrate the ceremonial gro…
Read More >GOVERNOR SIGNS NEW MAIN STREET LEGISLATION
Governor Jon S. Corzine today signed legislation creating the New Jersey Main Street Business Assistance Program, the latest in a series of initiatives established under his Economic Assistance and Re…
Read More >TRENTON ARCHITECTURE/PLANNING FIRM USES STATE FINANCING TO RENOVATE HISTORIC MASONIC TEMPLE FOR CORPORATE OFFICES
Trenton, N.J. (Dec. 10, 2008) – After remaining unfinished for more than 80 years, the third floor of the historic Trenton Masonic Temple is being renovated and improved for use as the new headquarter…
Read More >GOVERNOR SIGNS INVESTNJ LEGISLATION
Program will spur job creation and capital investment Iselin, N.J. (December 9, 2008) – To help New Jersey businesses face the fiscal challenges of the current national economic crisis, Governor Jon S…
Read More >EDA HOSTS ROUNDTABLE WITH PREFERRED LENDERS
PNC Bank, TD Bank Honored at Event Trenton, N.J. (December 4, 2008) – The New Jersey Economic Development Authority (EDA) recently hosted a roundtable event for its preferred lenders to discuss the la…
Read More >PRINCETON-BASED TECH COMPANY RECEIVES EDISON INNOVATION FUND INVESTMENT
Financial Assistance Will Help New Product Reach Commercialization Trenton, N.J. (November 12, 2008) – The New Jersey Economic Development Authority (EDA) has finalized a $200,000 Edison Innovation F…
Read More >SUSQUEHANNA BANK GRANTED PREFERRED LENDER STATUS
Newest Partnership Reinforces Bank’s Commitment to the City of Camden Trenton, N.J. (November 10, 2008) – The New Jersey Economic Development Authority (EDA) has approved Susquehanna Bank as its newe…
Read More >FIRST APPROVAL FOR URBAN TRANSIT HUB TAX CREDIT GRANTED TO VERIZON NEW JERSEY FOR NEWARK PROJECT
New program encourages company to maintain facility in downtown business district Trenton, N.J. (Oct. 28, 2008) – The State of New Jersey today approved the first project to qualify for assistance un…
Read More >GOVERNOR CORZINE AND CAMPBELL’S SOUP BREAK GROUND FOR NEW WORLD HEADQUARTERS
Camden, N.J. (October, 9, 2008) – The 138-year old commitment of Campbell’s Soup Company to New Jersey was bolstered today as Governor Jon S. Corzine and company officials broke ground for the firm’s …
Read More >ARCH INSURANCE TO BRING HUNDREDS OF JOBS TO NEW JERSEY
NJ, Jersey City Officials Laud Financial Services Firm for Choosing Garden State Trenton, N.J. (August 14, 2008) – State and local officials today applauded Arch Insurance Group Inc.’s decision to re…
Read More >NEW JERSEY CELEBRATES ANOTHER LIFE SCIENCES SUCCESS STORY
State-Assisted Amicus Therapeutics, Inc. Celebrates 100th Employee Trenton, N.J. (August 13, 2008) – Governor Jon S. Corzine, along with other state and local officials, were invited by Amicus Therap…
Read More >NEW RESOURCE PROVIDES WORKING CAPITAL FUNDS
First Two Companies Awarded Financing Under Program Trenton, N.J. (August 4, 2008) – New Jersey-based technology and life sciences companies that are working on applied research projects through the E…
Read More >PUBLIC NOTICE – CANCELLATION OF ALL SCHEDULED MEETINGS FOR NJDA
In accordance with sec. 25.a. of P.L. 2008, c.27, the New Jersey Development Authority for Small Businesses, Minorities and Womens Enterprises (NJDA) created by section 3 of P.L. 1985, c.386 (C.34:1B-…
Read More >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 …
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