article thumbnail

Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

From HAX to the Princeton AI Hub, to the Helix and Edge Works, New Jersey’s innovation story is evolving and our investment in the field will lead to long-term, sustainable economic growth.” In 2021, SOSV issued a Request for Proposal (RFP) regarding its intent to establish HAX’s U.S. headquarters.

article thumbnail

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

American Entrepreneurship

The ultimate goal is to foster an entrepreneurial ecosystem that leads to greater economic growth by providing companies with crucial funding for product development, marketing, research and development, and other working capital needs. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.

support 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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].

article thumbnail

Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

The fintech company, which was the first to digitize BPR in accelerating the financial inclusion in Indonesia’s tier 2 and tier 3 cities, said that the funding round was led by East Ventures (Growth fund). It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.

article thumbnail

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

American Entrepreneurship

“The ATC continues to drive private investment into promising, emerging New Jersey businesses, following enhancements to the program resulting from Governor Phil Murphy’s signing of the Economic Recovery Act of 2020 in early 2021,” said NJEDA Chief Executive Officer Tim Sullivan.

article thumbnail

NJEDA’s $4M Innovative E-Commerce Program has Helped over 150 Small Businesses Expand Online Presence

American Entrepreneurship

This program is funded by the Main Street Recovery Finance Program, which was established under the New Jersey Economic Recovery Act of 2020 (ERA). Since the Main Street Recovery Program launched in October 2021, the NJEDA made nearly 4,000 approvals for grants, loans, and technical assistance for small businesses totaling $132 million.

article thumbnail

No Better Future without Better Business

Impact Hub

That’s why we support entrepreneurial impact makers and businesses that challenge the status quo, drive the creation of more inclusive and decent job opportunities and economic growth, and enable the acceleration of inclusive and sustainable innovation at scale. Impact Hub Global Retreat 2021.