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15 Ventures with Underrepresented Founders share $198K in Startup302 Grant Prizes

American Entrepreneurship

April 28, 2023 ) – Fifteen tech-enabled startups with at least one team member from an underrepresented demographic are sharing $198,000 in non-dilutive grant funding from Delaware’s third Startup302 competition, which was coordinated by Delaware Prosperity Partnership (DPP) and partners from throughout Delaware and beyond.

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

According to estimates from PitchBook, venture capital and angel investment activity has declined since 2021, with a 40 percent reduction in the amount of companies receiving investment and a 50 percent decrease in investment funding. For a full list of eligibility requirements and further information on the program, visit [link].

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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle

American Entrepreneurship

October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF). 1Hudlle has also received previous funding from New Jersey-based Newark Venture Partners.

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NJEDA Establishes Diversity Finance Advisory Board

American Entrepreneurship

September 21, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB) which will work to increase access to institutional capital for women- and minority-owned startups. Seelaus & Co.,

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NJEDA Launches Second Phase of Cannabis Equity Grant Program

American Entrepreneurship

November 13, 2023) —The New Jersey Economic Development Authority (NJEDA) announced today that the application for Phase II of its Cannabis Equity Grant Program will open on November 30, 2023, at 10:00 a.m. To assist potential applicants, NJEDA will host a webinar on November 13, 2023, at 6:00 p.m.

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Compact Membrane Systems chooses New Castle, Delaware, for $3.1M expansion to help meet market demands

American Entrepreneurship

Their decision to grow in Delaware will help make our environment more sustainable and add jobs to our state.” million in a Series A venture capital round in 2023, CMS has investigated where best to continue its growth. As the company has evolved, including raising $16.5

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Your future shrimp meal could come from Atarraya’s farming technology

TechCrunch

Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We million in Series A dollars, and a new U.S.