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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. Teresa Ruiz.

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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 Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

These predevelopment costs are necessary for the developer to incur before they can seek short-term construction financing. The creation of this program will address various difficulties that continue to be a constant burden to emerging developers, which limit opportunities to expand their portfolios. “As

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NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

Eligible projects must address a negative impact of COVID-19 and contribute to Atlantic City’s revitalization, which includes capital construction projects that renovate or restore a vacant building, or a new construction project. For more information on program eligibility and the application process, click here.

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

American Entrepreneurship

Although the Mount Holly-based restaurant, bakery, and catering service had a well-constructed website, the consulting firm helped the business add Google search words and social media to their website in order to increase traffic, and the owners learned how to use analytics to track success. “We

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

The funded training will support the needs identified in an offshore wind workforce assessment , which projected that the offshore wind industry will result in 20,000 new jobs in 2030 across numerous sectors in the state, including construction, manufacturing, and professional services. Wind energy is our future.

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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. We’re going to have a much bigger opportunity by focusing on some not-so-sexy stuff.”.