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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

The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Expressions of Interest (RFEI) for the planned New Jersey Green Fund (NJGF) indefinitely, until a formal application is launched. RFEI responses will be used to support the design of financial products and structures for the NJGF.

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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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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. What types of housing can we build to support that world, and can we build enough of it? This multiplier effect is powerful for economic growth, but comes with drawbacks.

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

TechCrunch

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. Real estate consumes 40% of all energy. This is Avengers Endgame in real life.

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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

(April 19, 2023)—In recognition of 4/20 and National Cannabis Awareness Month, the New Jersey Economic Development Authority (NJEDA) announced that the application for Phase I of its $10 million Cannabis Equity Grant Program will open on Thursday, April 20, 2023, at 9:00 a.m.