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NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. This revitalization program is a monumental investment into Atlantic City and our shore town communities,” said Senator Vince Polistina (R-Atlantic).

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

June 21, 2023) – In May , the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge). Fiordaliso, President, New Jersey Board of Public Utilities.

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NJEDA Board Awards $3M in Grants to Support Public Space Activation in Atlantic City & Newark

American Entrepreneurship

December 19, 2023) – Last week, the N ew Jersey Economic Development Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) They also serve to foster arts and cultural activities, which drive dynamic, thriving communities. $10M A.R.T.

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Five PA Companies To Receive Funding from Ben Franklin Technology Partners!

Ben Franklin Technology Partners

At the September 2021 Board of Director’s meeting, five additional companies were approved to receive an investment from Ben Franklin Technology Partners of Central & Northern PA.

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Compact Membrane Systems chooses New Castle, Delaware, for $3.1M expansion to help meet market demands

American Entrepreneurship

The company recently moved much of its operations to a temporary site on Reads Way in New Castle near where construction on its new facility is ongoing. The expansion includes building 10,864 square feet of research and development and manufacturing-focused lab spaces along with more than 4,216 square feet of additional new space.