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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 million in the fintech accelerator. Plug and Play’s network consists of 50,000 startups, over 500 leading corporations, and hundreds of venture capital firms, universities, and government agencies. SICs can be accelerators, incubators, or research centers.