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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies.

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

American Entrepreneurship

May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. headquarters.

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Digital Transformation Is Crucial for Longevity According to Cisco Study

Smart Hustle Magazine

A new study reveals just how much the COVID-19 pandemic is accelerating small business digital transformation. IDC’s analysis of data from eight countries finds the massive impact digitalization can have on GDP by 2024. How much small business digital transformation could boost economic growth. trillion to $14.6

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.

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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). The NJEDA expects to conduct another tax credit auction in 2024 to raise additional capital for further investment.

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Decentralizing the Electric Grid

Andreessen Horowitz

Developers frequently submit multiple speculative proposals to identify the cheapest interconnection point, then withdraw unfavorable ones after costs are known, complicating feasibility studies. Even far more optimistic projections estimate 64% and 34% growth, respectively. Anything that can be electrified will be electrified.

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