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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies. million in the fintech accelerator. From 2020 to 2022, Plug and Play was the most active startup accelerator in the world, according to CB Insights.

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

American Entrepreneurship

The Evergreen Fund currently has $46 million available and is expected to use this to fund initial investments into six to ten high-growth businesses in New Jersey. The NJEDA expects to conduct another tax credit auction in 2024 to raise additional capital for further investment. And, we’re proud to do it all here in New Jersey.”

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Decentralizing the Electric Grid

Andreessen Horowitz

Because of this surge in applications, CAISO, California’s grid operator, was forced to stop accepting any new requests in 2022 , and plans to do so again in 2024. Fortunately, strong economics will likely continue to accelerate deployment; entrepreneurs should seek to connect batteries anywhere they can.

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