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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. This fuels the growth for the product-based technology company by increasing the pool of available capital.

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NJEDA to Hold Monthly Office Hours Highlighting Innovation Programs

American Entrepreneurship

Office Hours will focus on Innovation Programs that benefit businesses and investors TRENTON, N.J. Alternating between in-person and virtual events, these will offer one-on-one sessions with the NJEDA’s Innovation team to discuss programs and networking opportunities with industry stakeholders.

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OK2StandUP Inc Secures $150,000 Investment from Ben Franklin Technology Partners of Central and Northern PA

Ben Franklin Technology Partners

OK2StandUP, a cutting-edge healthcare technology startup dedicated to preventing falls among seniors, is thrilled to announce a strategic investment of $150,000 from Ben Franklin Technology Partners of Central and Northern Pennsylvania (CNP). Persistence and a clear vision are crucial for impactful investment and sustained success.”

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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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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

NJ’s Strategic Innovation Center will support 100 new companies over next five years, generating at least 2,500 new jobs NEWARK, N.J. From HAX to the Princeton AI Hub, to the Helix and Edge Works, New Jersey’s innovation story is evolving and our investment in the field will lead to long-term, sustainable economic growth.”

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NJEDA to Issue Request for Expressions of Interest for Wind Innovation Center

American Entrepreneurship

Center Will Help Accelerate Innovation, Research and Development, and Entrepreneurship in NJ’s Offshore Wind Industry TRENTON, N.J. WHAT: The Wind Innovation Center will help accelerate innovation, research and development, and entrepreneurship in the state’s offshore wind industry. WHERE: The RFEI can be found here.

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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.