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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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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

Under the Angel Match Program, the NJEDA is the first entity to commit capital to a technology company, leading to other investors who provide matching funds. This fuels the growth for the product-based technology company by increasing the pool of available capital. Princeton Identity Holding Company, Inc.

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How High Rents Hinder Startup Activity

Revolution

This multiplier effect is powerful for economic growth, but comes with drawbacks. The costs of construction and land values has increased far more quickly than incomes over the last 20 years, making it hard to build for the mass market. Cities need to be prepared not just for the tech jobs, but for the five other resulting jobs.

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NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

Over $19 Million will Support Capital Projects to Improve Local Neighborhoods TRENTON, N.J. December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program.

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Ben Franklin Technology Partners Invests in Ten Companies!

Ben Franklin Technology Partners

The Ben Franklin program has been investing in tech startups for nearly 40 years, allocating capital to help catalyze economic growth, empower local entrepreneurs, and elevate rural Pennsylvania’s position as a hub for innovation.

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. ” Climate resiliency . Financing the future startup nation. Outages cost the U.S.

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Putting Tom Perkins Comments into Context

Both Sides of the Table

” This in response to his 5,500 2-bed penthouse in San Francisco where his construction budget alone was $9 million. The venture capital firm that bears his name. It’s not just a matter of fairness or morality it’s a matter of good economics. . “I’m called the king of Silicon Valley. Of course not.

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