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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.

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

To respond to declining investment activity and unsteady market conditions, especially in the life sciences sector, the NJEDA aims to boost investor confidence in New Jersey companies and increase access to capital for founders through the Entrepreneur Support Program.

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

American Entrepreneurship

The NJIEF is unique to New Jersey because of its self-sustaining model, designed to create a continuous loop of investment and mentorship,” said New Jersey Governor Phil Murphy. 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.

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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 Establishes Diversity Finance Advisory Board

American Entrepreneurship

According to a survey from the National Venture Capital Associations (NVCA), venture capital investments have quadrupled across the United States over the past 10 years, but those increases are not true for startups with women or racial minorities as their founders. Harmon, Sr., Seelaus & Co.,

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OK2StandUP Inc Secures $150,000 Investment from Ben Franklin Technology Partners of Central and Northern PA

Ben Franklin Technology Partners

Plans include increasing the number of full-time employees to six in the first quarter of 2024. Eunice Yang, PhD, Founder and CEO of OK2StandUP, advises startups seeking investment from organizations like Ben Franklin: “Be relevant and persistent.

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Newsletter: Gulf partners join OurCrowd Summit + Extended reality surgery

OurCrowd

The company is developing a high-density, compact fusion reactor to provide a clean and sustainable energy source. Clean energy sources are an inherent and imperative component of securing a sustainable future. Hear more than 100 speakers from around the world and meet the founders behind more than 200 OurCrowd portfolio companies.