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Anchoring Innovation: CoreWeave and the NJ AI Hub Beyond its financial footprint, CoreWeave is playing a pivotal role in New Jerseys broader innovation ecosystem. The NJ AI Hub adds another layer to CoreWeaves deepening roots in the state. The company also acquired AI platform developer Weights & Biases for $1.7
INC-NJ will help emerging companies find funding opportunities TRENTON, N.J. The platform, known as the Innovation Network Capital New Jersey (INC-NJ), will bring together the states innovation ecosystem, allowing emerging companies and funders to engage with one another and share various business and investment opportunities.
Next NJ Program and AI Innovation Challenge Administration Grant Program will increase AI investment and catalyze groundbreaking research TRENTON, N.J.
November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. Financing for the NJ Capital Access Fund is allocated from $255 million in federal SSBCI capital allotted to the State of New Jersey by the United States Department of the Treasury.
The post Top 10 NJ Startup Companies to Watch appeared first on American Entrepreneurship Today®. These startups are just a few examples of startup companies helping to make New Jersey a leader in innovation.
Calvert Impact as manager will leverage NJEDA investments to create and a NJ Loan Participation program for New Jersey-based small businesses through working capital loans. NJ Small and early-stage businesses benefit from the full range of these programs and their funds that support New Jersey’s business ecosystem that bolsters job creation.
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit [link] The post NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Clothing Distributor appeared first on American Entrepreneurship Today®.
NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J. The NJ Entrepreneur Support Program provides investors with a one-year guarantee of up to 80 percent on a convertible note or bridge loan to a qualifying company.
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit [link] and follow @NewJerseyEDA on Facebook , Twitter , Instagram , and LinkedIn The post NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform appeared first on American Entrepreneurship Today®.
The post NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle appeared first on American Entrepreneurship Today®. To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit [link] and follow @NewJerseyEDA on Facebook , Twitter , Instagram , and LinkedIn.
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. NJ FAST is the first location on the East Coast for Plug and Play, which has partnerships around the globe.
For example, new adult-use markets in NJ and AZ and existing markets with new growth prospects opening in CA and NY. From retail to SaaS to research, there’s a lot of inroads to investing in cannabis. What sector of the business do you see has the best opportunity for growth in 2021? We are bullish on select state markets.
In late 2022, the NJEDA approved HAX for the NJ Accelerate program. Through NJ Accelerate, the NJEDA matches investments made by approved startup programs into startups that locate in New Jersey within six months after graduating from the participating accelerator program. Newark really has it all.
Complete eligibility requirements can be found at [link] The program is open to investors outside of NJ when investing in a qualified NJ business. “The
Lisata is thrilled to leverage the benefits of the NJ NOL program, which has provided the Company with critical non-dilutive funding for several years,” said President and Chief Executive Officer of Lisata David J. Mazzo, PhD. “It
Newark, NJ — Choose New Jersey, New Jersey’s leading nonprofit economic development organization, today announced that Enzene Biosciences, Ltd., The new 55,000-square-foot facility will bring 300 jobs to the state.
NJ Innovation Evergreen Fund : The Board approved three Qualified Venture Firms to onboard to the New Jersey Innovation Evergreen Fund (NJIEF). The QVFs will be able to apply and access up to $12.5 million annually from the NJIEF to co-invest in innovative, high growth New Jersey-based businesses.
Governor Murphy’s economic development plan, “The State of Innovation: Building a Stronger and Fairer NJ Economy,” identifies offshore wind as one of the strategic sectors for accelerating growth in New Jersey’s economy.
The Metropolitan Transportation Authority, Port Authority of New York and New Jersey, NJ TRANSIT, NYC Department of Transportation and the Partnership for New York City are behind the Transit Tech Lab. That’s one big task.). Applications for the Recovery Challenge and Sustainability Challenge are due March 25 and are accessible here.
Our events this year included the 2022 The Big Launch Challenge in Research Triangle Park, NC and an incredible return to an in-person Summit in Atlantic City, NJ. In 2023, The Summit of Angel Investing is moving west to Vegas!
“It has been breathtaking to see the changes in the state’s innovation economy in such a short period of time and programs like NJ Innovation Fellows are exactly what the state needs to spur innovation and build an innovation ecosystem,” said Johnson.
AR-enhanced visualization interfacing with the StealthStation will help me achieve the best possible outcomes for my patients,” says Thomas Steineke , MD, chairman, JFK Neurosciences Institute, Edison, NJ. ThetaRay takes anti-money laundering to the cloud.
AR-enhanced visualization interfacing with the StealthStation will help me achieve the best possible outcomes for my patients,” says Thomas Steineke , MD, chairman, JFK Neurosciences Institute, Edison, NJ. ThetaRay takes anti-money laundering to the cloud.
Vinit Dhruva, EO Philadelphia, president and CEO, DFW Motel Supply & Textiles-NJ Welcoming new EOers with open arms Whenever a new member joins EO anywhere around the world, Ashtan Moore (EO DC) shares his direct contact on Slack and invites them to meet with him so he can welcome them and share any advice he may know about EO or business.
She''s from the NYC area (Bayonne, NJ) and she went to Cornell--the school at the heart of NYC''s tech education expansion. That''s usually where product sits--with dotted lines to both the marketing/business and technology functions of a company. So who should it be? Here''s a name for you: Jenn Vargas.
A significant amount also came from KEC holdings, a NJ based family office led by Jeff Citron, who is known for using technology to disrupt a number of industries. The company makes direct and indirect investments across a broad spectrum of asset classes.
Founded in 2000 in New Brunswick, NJ. -Customers Include: Reuters, Associated Press, , Dow Jones, Ask.com , healthcare companies, and major investment banks and hedge funds. Competitors: InformationBuilders , DataWatch. Current round: $5.25mm in Series A from.406 406 Ventures. Total raised; $5.25mm plus undisclosed seed.
Jeff Naeem is the owner of Junk-A-Haulics in East Hanover, NJ. By responding promptly and by delivering total customer satisfaction on every job, even if it is inconvenient. Visit www.junkahaulics.com. The post Business Lessons Learned From Piles of Junk appeared first on THE BLOG.
Since the inaugural tour in 2018, SIB Expo has been in Newark, NJ, Philadelphia, PA, Columbia, SC, and Atlanta, GA. . As a multi-city venture, the SIB Expo attracts crowds in major cities across the U.S. who support and celebrate entrepreneurial women of color.
Bucking the broader downtrend in the delivery segment, Rao says that Sharebite’s customer base has grown to over 250 corporate clients and “government-owned entities” like NJ Transit.
It’s been a win-win,” said Dr. Hollyce Schoepp, K-12 Supervisor of STEM, Vernon Township School District (NJ), in a statement. “Innovamat has brought the fun of learning math to our students and the joy of teaching math to our teachers.
PARSIPPANY, NJ – 12 th March 2024 – In a significant move to enhance provider messaging across Electronic Health Record (EHR), eRx, Telehealth, and other Point of Care (POC) platforms, Doceree has unveiled its revolutionary technology, Spark, today at HIMSS 2024.
It provides access to vital capital and opens up opportunities to expand their portfolio and contribute to economic growth in our communities,” said Carlos Medina, President/CEO Statewide Hispanic Chamber of Commerce of NJ (SHCCNJ). Costs associated with purchase of property or construction are not eligible.
In early 1976, a young soldier at Fort Dix, NJ collapsed and later died from a respiratory infection. At such a temporal remove and with other causes cited, this outbreak’s contribution to any downturn was likely negligible or non-existent. The Pandemic That Wasn’t, 1976.
The best part of coordinating the event included having a past NJ GSEA winner, Sarah Pomeranz , as a judge to lend her unique perspective. In addition to a well-designed virtual competition from an organizational side, the chairs live streamed the competition for marketing and promotion purposes.
The Partnership for NYC, alongside its partners at the MTA, the Port Authority of New York and New Jersey, NJ TRANSIT, and NYC Department of Transportation, launched a call for applications for the 6th annual Transit Tech Lab this week.
Susan Michel is founder and CEO of Glen Eagle , an award-winning financial services firm based in Kingston, NJ. By starting early, families have the chance to bridge misunderstandings, raise questions, and give people the chance to think about their answers over time. Susan is a member of Entrepreneurs’ Organization.
NJ SOCCER, a semi-professional soccer team owned by married couple Alex and Sibrena. Mike D’s BBQ, a food company selling barbecue sauces and dry rubs, founded by Mike and Gloria. Blue Coolers, an outdoor cooler company founded by best friends Marcus and Chris.
She has appeared on FOX News, News 12 New Jersey, Chasing News, NJ. Most recently, Jessica was named one of the “Best Fifty Women in Business” for 2021 by NJ BIZ for her impact on the business and community at large in the Garden State. COM, and New Jersey Monthly.
(April 12, 2023) – The New Jersey Economic Development Authority (NJEDA) will host a virtual public information session on the New Jersey Clean Energy Loans (NJ CELs) Program on Monday, April 17 at 1:00 p.m. Applications for the NJ CELs program open Wednesday, April 19, 2023, and will be available here.
Contributed by Vincent Finaldi, an EO New Jersey member and vice president of TeleCloud , a second-generation business that provides seamless VoIP communications solutions.
“By making these grants exclusively available to social equity businesses – that is, companies with majority owners who have prior marijuana convictions or live in an economically disadvantaged area – NJEDA is setting the example for establishing equitable funding initiatives.
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit [link] The post Projects Filmed in NJ Set to Appear at Sundance Film Festival appeared first on American Entrepreneurship Today®.
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