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Celebrating 25 Years Supporting Innovation

Innovation 2 Enterprise

Our 25th anniversary is not just a milestone – it’s a testament to the unwavering dedication of a community committed to innovation, entrepreneurship, and economic growth. billion in private capital raised : This demonstrates a $23-to-$1 ratio of private capital for every dollar of state funding invested in our services.

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NJEDA to Hold Monthly Office Hours Highlighting Innovation Programs

American Entrepreneurship

Office Hours will focus on Innovation Programs that benefit businesses and investors TRENTON, N.J. Alternating between in-person and virtual events, these will offer one-on-one sessions with the NJEDA’s Innovation team to discuss programs and networking opportunities with industry stakeholders.

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Continued investment needed for economic growth

Innovation 2 Enterprise

In today’s world, a state’s economic growth demands investment in innovation and high-tech industries — especially for a natural resource-rich state like ours that must leverage our existing resource base to diversify our economy for the future. It is the venture capital “circle of life.”. By Scott Meacham.

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NJEDA Opens the NJ Capital Access Fund

American Entrepreneurship

Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.

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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle

American Entrepreneurship

(October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF). The NJIEF, launched in 2022, is a groundbreaking tool to increase access to strategic resources and venture capital in New Jersey.

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NJEDA Names Inaugural New Jersey Innovation Fellows Cohort

American Entrepreneurship

in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.