article thumbnail

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.

board 40
article thumbnail

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

American Entrepreneurship

April 24, 2024) – The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J. TLA Innovation, Inc.

support 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

Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

(May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. headquarters.

article thumbnail

How High Rents Hinder Startup Activity

Revolution

This multiplier effect is powerful for economic growth, but comes with drawbacks. Real estate developers love to build high-rise offices and condos for that tech worker, but are less excited (and often less incentivized) to build housing for the additional five, lower paid, employees.

article thumbnail

NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. The program will be open to for-profit and non-profit entities responsible for overseeing a real estate development project in Atlantic City.

board 52
article thumbnail

Ben Franklin Technology Partners Invests in Ten Companies!

Ben Franklin Technology Partners

Ten startup companies located in Central and Northern PA recently received an investment from Ben Franklin that will allow them to further develop and commercialize new products, and software applications, or stabilize operations in a long-standing manufacturing business.

article thumbnail

NJEDA’s $4M Innovative E-Commerce Program has Helped over 150 Small Businesses Expand Online Presence

American Entrepreneurship

Small businesses encouraged to take advantage of the Small Business E-Commerce Support Program to develop website, marketing plan & implement online ordering TRENTON, N.J. About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth.