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Ben Franklin’s 2023 Program Overview

Ben Franklin Technology Partners

SEE FULL SCREEN An overview of Ben Franklin Technology Partners of Central & Northern PA’s work in 2023. Every day, entrepreneurs in more rural areas of Pennsylvania channel their creativity into building remarkable products, employing their neighbors, and creating sustainable businesses.

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NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023

American Entrepreneurship

October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 million in private investment as supported in 2023 by the New Jersey Angel Investor Tax Credit Program (ATC). Based in Lakewood, Beable Education Inc.

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NJEDA to Issue Request for Expressions of Interest for Wind Innovation Center

American Entrepreneurship

June 23, 2023) – Today, June 23, 2023 , the New Jersey Economic Development Authority (NJEDA) will issue a Request For Expressions of Interest (RFEI)to identify specific partners, sites, and financial commitments that can contribute to the development of a Wind Innovation Center in New Jersey.

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NJEDA Opens the NJ Capital Access Fund

American Entrepreneurship

November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The SSBCI funds, matched with raised private capital, will be used to purchase up to 80 percent of every eligible loan by participating community lenders.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

In addition to capital allocated to the NJGB in the state’s Fiscal Year 2023 budget, the NJGB’s initial capitalization will include permanent grant capital it receives as a named sub-awardee in the Coalition for Green Capital’s (CGC) application to the Environmental Protection Agency’s (EPA) National Clean Investment Fund competition.

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NJEDA Board Designates Netflix as a Studio Partner, Continuing New Jersey’s Film Industry Momentum

American Entrepreneurship

In January 2023 , Netflix entered into a Purchase and Sale and Redevelopment Agreement with the Fort Monmouth Economic Revitalization Authority (FMERA) to purchase 292 acres and develop over one million square feet of studio production and support space at the former Fort Monmouth.

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NJEDA to Create Grant Program to Help Small Business Owners Purchase Commercial Properties

American Entrepreneurship

February 20, 2023) – The Board of the New Jersey Economic Development Authority (NJEDA) has approved the creation of a pilot program that will help boost small business owners’ liquidity following the purchase of a commercial property. “In