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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

April 24, 2024) – The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.

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Innovation is key to economic development

Innovation 2 Enterprise

“We help create high-paying jobs, seed ideas and start and support companies across multiple sectors. These taxes help to support our schools, build or improve roads and bridges, and support the core functions of government.”. OCAST is Oklahoma’s only agency with the sole focus of technology-based economic development.

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Measuring Data and Creating Impactful Economic Reports

Source Link

Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Tracking and supporting job creation. Data was extracted from the 2018 Quarterly Workforce Indicators (QWI) report from the U.S. Census Bureau.

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34 Innovative Companies Awarded Benefits in 2023

American Entrepreneurship

June 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that 34 technology and life sciences companies were awarded more than $68 million through the 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program. TRENTON, N.J.

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

American Entrepreneurship

May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today designated Netflix Inc. The expanded Film and Digital Media Tax Credit program, coupled with strong state support, make a compelling case for the return of major production companies to New Jersey – the birthplace of film,” said Governor Phil Murphy.

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SG startup Proxtera closes seed funding round backed by Ant, EDBI

AsiaTechDaily

The CEO of Proxtera, Saurav Bhattacharyya, expressed his excitement at the support of investors who share the company’s vision. He also expressed confidence in Proxtera’s success, with the active support from the Singapore Government and strategic investors like Ant Group.

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Environmental solutions firm RiKarbon chooses to continue growing in Newark, Delaware

American Entrepreneurship

an early-stage company specializing in developing innovative technologies for carbon capture and utilization, has chosen to continue growing in its hometown of Newark, Delaware, with an expansion from its Delaware Technology Park incubator space to nearby Delaware Industrial Park. October 23, 2023 ) – RiKarbon Inc. ,