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Universal Support: ESHIP Goal 6

Ecosystem Builder Hub

Goal 6: Universal Support: Expand external stakeholder understanding of and support for ecosystem building. Economic dynamism, a key indicator of economic health, has been in decline for decades, as has the rate of new business starts. Research has shown that most new jobs come from young businesses.

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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.

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New Startup Accelerator for Battery Innovation Accepting Applications

American Entrepreneurship

Companies participating in the accelerator program, which is mostly remote, benefit from the region’s growing battery industry cluster enabled by New Energy New York ( NENY). The Binghamton region is internationally recognized for its expertise in energy storage. The methodology leverages university, community, and industrial involvement.

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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. RFEI responses will be used to support the design of financial products and structures for the NJGF.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy. TRENTON, N.J.

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Phase Sensitive Innovations chooses Delaware for state-of-the-art lab, manufacturing and R&D expansion

American Entrepreneurship

Growth of veteran-owned, Newark-based company will support production of semiconductor components and other advanced technologies for Department of Defense contracts and private-sector clients WILMINGTON, Del. DPP has consulted with PSI for several years and worked with the company since mid-2023 to explore growth opportunities.

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NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023

American Entrepreneurship

207 Applications Approved for over $8 Million in Tax Credits to Support Investment in 28 Companies TRENTON, N.J. October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2