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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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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.