Remove board Remove economic growth Remove sustainability Remove ventures
article thumbnail

NJEDA Board Approves Investment of up to $6M into Newark Venture Partners

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III) of up to $6 million under the NJEDA’s Venture Fund Investment Program. NVP III is the third fund for Newark Venture Partners (NVP), a Newark-based early-stage venture capital firm.

board 52
article thumbnail

NJEDA Establishes Diversity Finance Advisory Board

American Entrepreneurship

Board will work to increase capital to minority-owned startups, create diverse innovation economy WOODBRIDGE, N.J. The board will provide knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs.

board 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NJEDA Board Makes Wide-Ranging Set of Approvals to Continue Growing NJ’s Economy

American Entrepreneurship

(May 22, 2023) – The New Jersey Economic Development Authority (NJEDA) Board made several key program and policy approvals during its May meeting, including its first awards of residential projects under the Aspire Program, additional funding for the Authority’s child care programming, and record-breaking investments in venture capital.

board 40
article thumbnail

NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Clothing Distributor

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J.

article thumbnail

NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. The NJIEF, launched in 2022, is a unique tool to increase access to strategic resources and venture capital in New Jersey.

article thumbnail

NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.

board 40
article thumbnail

Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

Pending approval by its Board, the NJEDA intends to invest up to $17.5 Plug and Play’s network consists of 50,000 startups, over 500 leading corporations, and hundreds of venture capital firms, universities, and government agencies. Equity investments of up to $1 million will be made in at least 15 percent of participating companies.