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ALL NEWs & UPDATES

Press Release
November 16, 2016

EDA Releases RFQ For Purchase And Development Of Most Valuable Real Estate In North Camden

TRENTON (November 16, 2016) – Boasting views of the Philadelphia skyline and approximately 8.75 acres of prime developable land, the New Jersey Economic Development Authority (EDA) today released a Re…

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News
November 15, 2016

​Trifecta of State Supports Helps Fintech Company CircleBlack Flourish in New Jersey

Serial Entrepreneur John Michel launched CircleBlack in January 2014 to help financial advisors better connect clients with their investments. TRENTON (November 15, 2016) – With an extensive backgrou…

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News
November 10, 2016

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Thursday, November 17, 2016 at 10 a.m. at the EDA offices at 36 West State Street, Trenton. A copy of the prop…

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News
November 10, 2016

Game Changer: More than $13 Million Invested in App Maker Kiswe Mobile through State’s Angel Tax Credit Program

Kiswe Mobile Co-Founder & CEO Wim Sweldens TRENTON (November 10, 2016) – Union County-based Kiswe Mobile is devoted to providing sports enthusiasts with an innovative way of watching their favorite g…

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News
November 3, 2016

New Jersey Founders & Funders Provides Platform for Passaic County-based VectraCor to Pitch Life-Saving Technology

VectraCor President and Chief Executive Officer Brad S. Schreck TRENTON (November 3, 2016) – New Jersey is known for its long history of innovation, and emerging companies like VectraCor are continuin…

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News
October 27, 2016

EDA-Supported CytoSorbents Creates Global Partnerships to Commercialize Life-Saving Blood Purification Device

CytoSorbents CFO Kathy Bloch was recently named as NJBIZ Public Company CFO of the Year. TRENTON (October 27, 2016) – When patients in the intensive care unit (ICU) develop severe deadly inflammation…

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Press Release
October 26, 2016

EDA Hosts New Jersey Founders & Funders Event to Connect Entrepreneurs to Investors

Investors and entrepreneurs at EDA’s Founders & Funders event listen to presentations in preparation for one-on-one meetings. TRENTON (October 26, 2016) – The New Jersey Economic Development Authorit…

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News
October 20, 2016

​Combining Passion and Public and Private Resources, Fusar Technologies Arrives on National Scene

Fusar Co-Founder Ryan Shearman credits the State’s technology ecosystem with helping to build his company. TRENTON (October 20, 2016) – Linking his enthusiasm for motorcycle riding with a desire to en…

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Press Release
October 17, 2016

EDA Funding to Help Software Firm Expand Product Line

From left:  Tayrex Co-Owner Frank Tayar, EDA Chief Executive Officer Melissa Orsen, Tayrex Co-Owner Eric Tayar. TRENTON (October 17, 2016) – Software and consulting firm Tayrex Corporation was founde…

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News
October 14, 2016

​EDA Approves Venture Fund Investment to Spur Growth of Early-Stage Tech & Life Sciences Companies

TRENTON (October 14, 2016) – Continuing its efforts to bolster innovation in the Garden State, the New Jersey Economic Development Authority (EDA) today approved its 14 th venture fund investment.  Ac…

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News
October 13, 2016

​Upcoming “Foundations are the New VCs” to Educate NJ Biotechs on Alternative Funding Sources

Michael J. Fox Foundation for Parkinson’s Research Chief Executive Officer Dr. Todd Sherer among headliners at the EDA’s “Foundations are the New VCs Funding Panel” on Oct. 18. North Brunswick, N.J. …

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Press Release
October 12, 2016

Hudson Community Enterprises Helps Break Down Barriers to Employment

EDA President and Chief Operating Officer Tim Lizura and Hudson County Enterprises President Joseph Brown observe HCE employees at work TRENTON (October 12, 2016) – With the goal of creating new jobs…

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News
October 7, 2016

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Friday, October 14, 2016 at 10 a.m. at the EDA offices at 36 West State Street, Trenton. A copy of the propose…

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Press Release
October 3, 2016

40 Emerging Companies Share More Than $35 Million through New Jersey Technology Business Tax Certificate Transfer Program

The NOL Program has helped Agile Therapeutics secure funding to support operations during its IPO process.  Al Altomari, President and Chief Executive Officer of Agile Therapeutics, is pictured above….

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News
September 30, 2016

UCEDC Receives $1.4 Million Grant from CDFI for Small Business Lending

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News
September 28, 2016

Notice of Special EDA Board Meeting

A Special Meeting of the New Jersey Economic Development Authority has been scheduled for Friday September 30, 2016 at 11:00 a.m. in our offices at 36 West State Street, Trenton NJ. The Members will m…

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News
September 28, 2016

NJSBDC to Offer Small Business R&D Funding Seminar at CCIT

Meet 1:1 with NIH and NSF SBIR/STTR representatives TRENTON (September 28, 2016) – Early-stage technology and biotechnology companies seeking to learn about federal research and development (R&D) fun…

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News
September 26, 2016

State Support Helps Bergen County-based CAD Signs Expand to Larger Facility, More than Quadruple Workforce

CAD Signs Founder/CEO Alex Galeano speaks with EDA CEO Melissa Orsen TRENTON (September 26, 2016) – When CAD Signs outgrew its leased facility in 2010, the New Jersey Economic Development Authority’s…

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News
September 23, 2016

State Support Helps Bergen County-based CAD Signs Expand to Larger Facility, More than Quadruple Workforce

TRENTON (September 26, 2016) – When CAD Signs outgrew its leased facility in 2010, the New Jersey Economic Development Authority’s (EDAs) Small Business Fund helped the company acquire an expanded spa…

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News
September 22, 2016

SunGen Pharma Graduates from CCIT

SunGen Pharma, led by Dr. Isaac Liu, cites CCIT resources as vital tools for his company’s growth. TRENTON (September 22, 2016) – A year after becoming a tenant at the New Jersey Economic Development…

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News
September 19, 2016

Notice of CCRC Board Meeting

A meeting of the Capital City Redevelopment Corporation (CCRC) Board has been scheduled for Wednesday, September 21, 2016 at 10:00 am in the EDA Board Room, 36 West State Street, Trenton, NJ. A copy …

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News
September 15, 2016

EDA Support Enables Nationally-Recognized Admera Health to Expand Patient Care

Company Expects to Grow Workforce by More Than 50 Percent Under Chief Executive Officer Dr. Guanghui Hu’s leadership, Admera Health is dedicated to developing cutting-edge diagnostics that span the c…

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Press Release
September 9, 2016

EDA Board Action Highlights Growth in Key Industry Sectors

TRENTON, N.J. (September 9, 2016) – Industries targeted for growth by the Economic Opportunity Act (EOA) were highlighted today as the Board of the New Jersey Economic Development Authority (EDA) appr…

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News
September 8, 2016

Fintech Startup Ogg Trading Among Companies to Benefit from NJ’s Angel Investor Tax Credit Program in 2016

Ogg Trading Founder and CEO David Ogg noted that the State’s Angel Investor Tax Credit Program helps encourage new investors to support its business. He’s pictured here (left) with Scott Clark, Ogg Tr…

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News
September 7, 2016

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Friday, September 9, 2016 at 10 a.m. at the Fort Monmouth Economic Revitalization Authority offices, 100 Barto…

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News
September 7, 2016

With EDA Support, Bestwork Industries for the Blind Offers Training and Employment Opportunities While Ramping Up Manufacturing

EDA President and Chief Operating Office Tim Lizura observes as Machine Operator Cynthia Williams makes a jacket. TRENTON (September 7, 2016) – For 35 years, Bestwork Industries for the Blind, Inc. i…

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News
August 31, 2016

EDA Internships Offer College Students Insight into NJ’s Vibrant Technology Ecosystem

EDA interns routinely interact with Technology and Life Sciences staff to get in-depth understanding of New Jersey’s dynamic technology sector. ( From left: Venture Associate Alec Tripodi, Venture Ana…

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News
August 25, 2016

EDA Support Helps Fuel Growth of Software Testing Platform Company Tripod Technologies

Tripod Technologies CEO Badri Nittoor TRENTON (August 25, 2016) – In a digital age, when having a robust web presence is essential for any small business, Cherry Hill-based Tripod Technologies softwa…

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News
August 24, 2016

Sustainability: Good for Business

By Deborah Smarth, Chief Operating Officer/Associate State Director, New Jersey Small Business Development Centers Small and medium sized businesses might think that sustainability is only achievable…

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News
August 19, 2016

Adagio Teas Continues to Grow in Bergen County with State Support

Pictured from left: Adagio Teas Chief Executive Officer Michael Cramer,  M&T Bank Group Vice President /Metro Market Manager Eleni Monios and EDA President/Chief Operating Officer Tim Lizura TRENTON …

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News
August 18, 2016

Mallinckrodt Locates Growing Specialty Brands Businesses In Bedminster, N.J.; Continues Significant St. Louis Reinvestment

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News
August 18, 2016

EDA Welcomes Lenzie Harcum as New CCIT Manager

CCIT Manager Lenzie Harcum TRENTON (August 18, 2016) – Bolstering the already active ecosystem at the Garden State’s leading life sciences incubator, the New Jersey Economic Development Authority (ED…

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News
August 11, 2016

With EDA Support, Cowerks Expects to Quadruple Available Space for Startups and Entrepreneurs in Asbury Park

Coworking spaces like Cowerks enable entrepreneurs from different companies to work side by side, sharing ideas. TRENTON (August 11, 2016) – Illustrating the important role that coworking spaces pla…

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Press Release
August 9, 2016

​South Monmouth Regional Sewerage Authority Project Receives Preliminary Approval for Energy Resilience Bank Funding

TRENTON (August 9, 2016) – Continuing its commitment to help keep critical infrastructures operational during natural disasters, the Board of the New Jersey Economic Development Authority (EDA) today …

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Press Release
August 9, 2016

EDA Board Acts to Encourage Global Pharmaceutical Company Allergan to Expand in New Jersey

TRENTON, N.J. (August 9, 2016) –The Board of the New Jersey Economic Development Authority (EDA) today approved Grow New Jersey (Grow NJ) tax credits to encourage the global pharmaceutical company All…

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News
August 4, 2016

International Company Crystal Pharmatech Finds CCIT an Optimal Spot for First US Location

Crystal Pharmatech Vice President of Business Development Robert Wenslow points to CCIT’s amenities as key to his company’s growth. TRENTON (August 4, 2016) – In addition to the dozens of New Jersey…

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News
August 3, 2016

Notice of NJEDA Board Meeting

The New Jersey Economic Development Authority’s next public Board Meeting will be held on Tuesday, August 9, 2016 at 10 a.m. at the EDA offices at 36 West State Street, Trenton. A copy of the proposed…

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Press Release
July 20, 2016

EDA Visits Aurora Multimedia Corporation in Monmouth County to Showcase Benefits of State Small Business Financial Resources

From left: Aurora Multimedia Corporation Production Manager Nick Reiser, Aurora Multimedia Corporation CEO Paul Harris; EDA President and Chief Operating Officer Tim Lizura TRENTON (July 20, 2016) – …

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Press Release
July 20, 2016

World Business Lenders Celebrates Move to Jersey City

225 employees to be located in new corporate headquarters by end of 2016 TRENTON, N.J. (July 20, 2016) – World Business Lenders (WBL), a provider of short-term business loans, today celebrated the ne…

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News
July 19, 2016

​New Jersey Accelerators Offer Launching Pads for State’s Newest Technology Companies

TRENTON (July 19, 2016) – Indicative of the influx of emerging technology companies within New Jersey and collaboration among the state’s entrepreneurs, accelerators are cropping up throughout  the Ga…

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