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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. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J. TLA Innovation, Inc.

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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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Why international DFIs are looking to African startups to scale impact investing efforts

TechCrunch

It’s a paradigm shift, where ‘development finance’ looks at private enterprise as a vehicle of socio-economic development,” said Dario Giuliani, founder and director of research firm Briter Bridges.

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Your future shrimp meal could come from Atarraya’s farming technology

TechCrunch

Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We million in Series A dollars, and a new U.S.

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Wavemaker Impact announces first close of debut fund at $13m

AsiaTechDaily

And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses. The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore Economic Development Board.

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NJ Small and Early-Stage Businesses Bolstered by NJEDA’s approving of Investment Fund Managers

American Entrepreneurship

The Federally established State Small Business Credit Initiative support investments into New Jersey companies Through the use of three unique investment strategies funded through the federal State Small Business Credit Initiative (SSBCI), the New Jersey Economic Development Agency (NJEDA) is supporting New Jersey small and early-stage businesses.