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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.

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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. This multiplier effect is powerful for economic growth, but comes with drawbacks. This is a serious, but under-discussed, hurdle for entrepreneurship. It’s a great question worth considering.

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NJEDA to Create Grant Program to Help Small Business Owners Purchase Commercial Properties

American Entrepreneurship

February 20, 2023) – The Board of the New Jersey Economic Development Authority (NJEDA) has approved the creation of a pilot program that will help boost small business owners’ liquidity following the purchase of a commercial property. For more information on the Main Street Acquisition Support Grant visit: [link].

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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.

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NJEDA Launches Second Phase of Cannabis Equity Grant Program

American Entrepreneurship

November 13, 2023) —The New Jersey Economic Development Authority (NJEDA) announced today that the application for Phase II of its Cannabis Equity Grant Program will open on November 30, 2023, at 10:00 a.m. We are excited to see grant funding being used to help social equity applicants realize their entrepreneurship dreams.

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

American Entrepreneurship

program aims to bring businesses & workers back to NJ’s commuter hubs after pandemic Second tranche of funding for real estate projects to be awarded in early 2024 TRENTON, N.J. In 2024, the NJEDA will announce Real Estate Rehabilitation and Development grants under the A.R.T. $10M A.R.T.

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