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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 to Extend Submission Deadline for the New Jersey Green Fund RFEI

American Entrepreneurship

Planned NJGF investments, which may include equity investments, credit enhancements, loans and/or other financial vehicles, will be aimed to attract private capital to enable New Jersey to reach its energy goals and advance environmental justice in the State.

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How High Rents Hinder Startup Activity

Revolution

Within the world of real estate, I believe there are two hugely interesting questions that address Hamming’s query: 1. This multiplier effect is powerful for economic growth, but comes with drawbacks. This is a serious, but under-discussed, hurdle for entrepreneurship. It’s a great question worth considering.

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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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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.

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NJEDA to Launch Cannabis Equity Grant Program Application on 4/20

American Entrepreneurship

The Joint Ventures Grant will allocate a total of $6 million in funding to 24 entities that have a conditional or annual license, have obtained site control over their real estate, and have municipal approval.

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

TechCrunch

Over $700 billion of the proposed budget will go to improving resiliency against natural disasters; upgrading critical water, power, and internet infrastructure; and rehabilitating and improving public housing, federal buildings, and aging commercial and residential real estate. Real estate consumes 40% of all energy.