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NJEDA Establishes Diversity Finance Advisory Board

American Entrepreneurship

Board will work to increase capital to minority-owned startups, create diverse innovation economy WOODBRIDGE, N.J. The board will provide knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs.

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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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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

Pending approval by its Board, the NJEDA intends to invest up to $17.5 With a focus on fintech, NJ FAST will support the growth of new types of companies and career opportunities, expanding New Jersey’s influence in the national finance and fintech industries. “NJ million in the fintech accelerator.

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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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Mushroom protein company Meati Foods opens ‘mega’ facility; closes $22M in new funding

TechCrunch

The 100,000-square-foot facility was financed in part by a $150 million Series C round of capital raised last year and a brand new extension round of $22 million. The company expects to bring in tens of millions of dollars in revenue this year with plans to reach hundreds of millions in 2024. Will it lead to marketability?

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Looking to decarbonize the metal industry, Bill Gates-backed Boston Metal raises $50 million

TechCrunch

As nations around the world race to reduce their environmental footprint and embrace more sustainable methods of production, finding a way to remove carbon from the metals business will be one of the most important contributions to that effort. One startup that’s developing a new technology to address the issue is Boston Metal.

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Recruiting and Retaining the Right Executive Talent

Andreessen Horowitz

Talent in 2024. Are we putting our energy into sustaining those relationships by being there to offer counsel or introductions? So the activity and cadence around sustaining that is very different than it is when you’re building. We measure a lot in terms of tracking how we’re spending our time.

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