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. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.

support 52
article thumbnail

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

American Entrepreneurship

The provision of wraparound services including transportation, career coaching, and other supports is a core component of the awarded programs to expand access and address barriers to entry. About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth.

board 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NJEDA Board Awards $3M in Grants to Support Public Space Activation in Atlantic City & Newark

American Entrepreneurship

(December 19, 2023) – Last week, the N ew Jersey Economic Development Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) Funding will go towards purchasing supplies and materials to complete the restoration and support artist stipends.

support 40
article thumbnail

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.

board 52
article thumbnail

How High Rents Hinder Startup Activity

Revolution

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. 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.

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. These predevelopment costs are necessary for the developer to incur before they can seek short-term construction financing. TRENTON, N.J.

board 40
article thumbnail

The New Business Preservation Act and the Tradition of U.S. Federal Government Support for Entrepreneurship and Venture Capital

Ian Hathaway

The clearest mechanism for this support was wartime expenditures on research and development by the U.S. As venture capitalist and economic historian Bill Janeway remarked : “… the federal government funded construction of a platform on which entrepreneurs and venture capitalists could dance.”