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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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Finding Founder-Market-Geography Fit

Revolution

This trifecta serves as a catalyst for accelerated growth and long-term viability. Often, that experience is influenced by the legacy industries of a region that help entrepreneurs develop expertise and networks related to their new company. Below are a few companies we backed with a strong “who,” “what,” and “where.”

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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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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor. Early stage venture capital is often the fulcrum security that can unlock a startup’s potential, help fuel regional job creation, and ultimately drive large-scale economic development.

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5 areas where VCs can play an outsized role in addressing climate change

TechCrunch

Jamil Wyne is an advisor, investor and author focusing on entrepreneurship, technology and economic development in emerging markets. He has worked with the World Bank, IFC, UN, Clean Energy Venture Group, Schmidt Futures, Ashoka, and other organizations. Jamil Wyne. Contributor. More posts by this contributor.

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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 NJIEF, launched in 2022, is a groundbreaking tool to increase access to strategic resources and venture capital in New Jersey.

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Wavemaker Impact announces first close of debut fund at $13m

AsiaTechDaily

Register Wavemaker Impact , Southeast Asia’s first climatetech venture builder , has announced the first close of its debut fund to drive decarbonization in the region at scale. And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses.