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Celebrating 25 Years Supporting Innovation

Innovation 2 Enterprise

Our 25th anniversary is not just a milestone – it’s a testament to the unwavering dedication of a community committed to innovation, entrepreneurship, and economic growth. To mark this important occasion, we recently held an event that brought together many of our partners, entrepreneurs, supporters, and friends.

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34 Innovative Companies Awarded Benefits in 2023

American Entrepreneurship

Since taking office, Governor Murphy has prioritized programs and initiatives that provide critically necessary support to New Jersey’s early-stage, innovative companies, of which, the NOL Program has been hailed for decades as a lifeline for emerging companies that have yet to reach profitability,” said NJEDA Chief Executive Officer Tim Sullivan.

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NSF Regional Innovation Engines Development Awards announced by NSF

American Entrepreneurship

$43 million invested to foster regional collaboration to support the economic growth of communities through innovation Universities, nonprofits, businesses and other organizations across the U.S. This will unleash ideas, talent, pathways and resources to create vibrant innovation ecosystems all across our nation.”

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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

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

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

American Entrepreneurship

First Complete Cycle of Investment Under Novel State Program Benefits Newark Provider of HR Gaming Platform TRENTON, N.J. 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).

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J. The NJ Entrepreneur Support Program provides investors with a one-year guarantee of up to 80 percent on a convertible note or bridge loan to a qualifying company.

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Greenville Startup, Advanced Power & Energy, Receives Game-Changing $500,000 Investment to Pave the Way for Safer EV Charging Stations

Ben Franklin Technology Partners

A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.

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