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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

207 Applications Approved for over $8 Million in Tax Credits to Support Investment in 28 Companies TRENTON, N.J. October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J. Increased investment into New Jersey companies is essential to supporting Governor Phil Murphy’s vision of bolstering the Garden State’s longstanding leadership in innovation,” said NJEDA Chief Executive Officer Tim Sullivan.

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

American Entrepreneurship

First Complete Cycle of Investment Under Novel State Program Benefits Newark Provider of HR Gaming Platform TRENTON, N.J. 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).

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

(April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.

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

American Entrepreneurship

These substantial investments will create thousands of good-paying jobs, support small businesses and vendors, and stimulate the regional economy.” This is an extremely exciting next step and a massive commitment to the investment of people and production facilities here in Monmouth County.

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Senior Business Leader Joins SMU Cox Spears Institute for Entrepreneurial Leadership

American Entrepreneurship

A successful entrepreneur himself, Dr. Spears happened to live next door to two other globally respected entrepreneurs—the Tolias—and brought them on board in September 2023 to serve as co-founding directors of the Institute. He also serves as Chairman of Hedosophia, a leading technology investment firm and early investor in Nextdoor.

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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.

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