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34 Innovative Companies Awarded Benefits in 2023

American Entrepreneurship

June 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that 34 technology and life sciences companies were awarded more than $68 million through the 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program. TRENTON, N.J.

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Making Northcentral PA the Global Center for Advanced Pressed Materials

Ben Franklin Technology Partners

Economic Development Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. This achievement is part of a nationwide initiative by the U.S.

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NJEDA Establishes Diversity Finance Advisory Board

American Entrepreneurship

Board will work to increase capital to minority-owned startups, create diverse innovation economy WOODBRIDGE, N.J. The Diversity Finance Advisory Board aims to rewrite that narrative and ensure New Jersey-based diverse entrepreneurs have equitable access to institutional capital,” said NJEDA Chief Executive Officer Tim Sullivan.

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

Meeting highlights Governor’s commitment to equity and inclusion in New Jersey’s innovation economy TRENTON, N.J. While we have more work to do to ensure minority entrepreneurs have access to the funding needed to launch and grow in the Garden State, discussions such as these will help to spark ideas for ways to level the playing field.”

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NJEDA Names Inaugural New Jersey Innovation Fellows Cohort

American Entrepreneurship

in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

Increased investment into New Jersey companies is essential to supporting Governor Phil Murphy’s vision of bolstering the Garden State’s longstanding leadership in innovation,” said NJEDA Chief Executive Officer Tim Sullivan. NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J.

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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle

American Entrepreneurship

October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF). I look forward to seeing the next step for 1Huddle and future companies approved under the Innovation Evergreen Fund.”