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ALL NEWs & UPDATES

Press Release
August 22, 2011

N.J. BUSINESSES PLAN MORE HIRING

By Kathleen Lynn/The Record August 22, 2011 New Jersey businesses plan to step up hiring over the next six months, a new survey by Capital One Bank found. At a time when the state’s unemployment rate…

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Press Release
August 18, 2011

BPU LAUNCHES $20M ENERGY EFFICIENCY PROGRAM

By Jared Kaltwasser/NJBIZ August 18, 2011 A new state pilot program aims to slash the energy bills of hospitals, manufacturers and other large energy consumers while helping to meet the state’s energ…

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Press Release
August 18, 2011

FEDERAL RESERVE BANK CEO SAYS FINANCIAL CONDITIONS ARE IMPROVING

By Beth Fitzgerald/NJBIZ August 18, 2011 It’s unlikely that the nation will fall back into a recession, William C. Dudley, CEO of the Federal Reserve Bank of New York, said Thursday in a speech to bu…

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Press Release
August 9, 2011

NOTICE OF FORT MONMOUTH ECONOMIC REVITALIZATION AUTHORITY MEETING

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, August 17, 2011 at 7:00 pm at the Eatontown Municipal Building, 47 Broad Street, Eatontown, NJ 07724….

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Press Release
August 2, 2011

FUNDING AVAILABLE TO HELP TECH AND LIFE SCIENCES COMPANIES LEVERAGE ANGEL AND VENTURE FUND INVESTMENTS

TRENTON, N.J. (Aug. 2, 2011) – Governor Chris Christie announced today that funding is now available for technology and life sciences companies through three programs offered by the New Jersey Economi…

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Press Release
August 1, 2011

INCENTIVES OFFER GATEWAY TO DEVELOPMENT

Devco chief says Urban Transit Hub tax credits powered by New Brunswick project By Andrew Kitchenman NJBIZ August 1, 2011 While Christopher J. Paladino has led New Brunswick Development Corp. throug…

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Press Release
July 28, 2011

VERIZON FOUNDATION OFFERS $200,000 IN GRANTS TO NEW JERSEY NONPROFIT ORGANIZATIONS FOR DOMESTIC VIOLENCE PROGRAMS

PRNewswire July 28, 2011 NEWARK, N.J., July 28, 2011 — /PRNewswire/ — New Jersey nonprofit organizations can compete for $200,000 in grants from the Verizon Foundation to support technology-based p…

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Press Release
July 28, 2011

J&J HONORED FOR COMMITMENT TO BUSINESSES OWNED BY MINORITIES, WOMEN

By Melinda Caliendo NJBIZ July 28, 2011 Johnson & Johnson increased its purchases of goods and services from businesses owned by women or minorities by 24 percent between 2009 and 2010 — making it th…

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Press Release
July 27, 2011

UNIVERSITY’S BUSINESS VENTURES PROGRAM SEEKS NJ BUSINESSES & NON-PROFITS

NJToday.net July 27, 2011 MADISON — Does your business need strategic advice to reach the next level? Would you like a fresh perspective about potential entrepreneurial strategies that can help your o…

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Press Release
July 26, 2011

EDA EXCELLENCE

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Press Release
July 26, 2011

GOVERNOR CHRISTIE TAKES ACTION TO SPUR JOB CREATION THROUGH EXPANDED ECONOMIC DEVELOPMENT PROGRAMS

Trenton, NJ – Continuing to act on his commitment to create jobs for New Jersey families, Governor Chris Christie today signed Senate Bill 2972 to expand job-creating tax incentives and provide an imm…

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Press Release
July 24, 2011

SEA BOX CUTS RIBBON ON NEW HEADQUARTERS

By Todd McHale Burlington County Times July 24, 2011 CINNAMINSON — “It’s the American dream…” Turn an idea for a business into a multimillion-dollar company with plants across the globe. “I guess y…

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Press Release
July 20, 2011

REGENERON MOVES NEW JERSEY OFFICES TO BASKING RIDGE

New site can accommodate 90 employees Tarrytown, NY (July 19, 2011) — Regeneron Pharmaceuticals, Inc. (Nasdaq: REGN) today relocated the New Jersey–based members of its clinical drug development prog…

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Press Release
July 18, 2011

EDA PROVIDES OVER $86 MILLION TO NOT-FOR-PROFIT ORGANIZATIONS IN 2010 AND OVER $23 MILLION TO DATE IN 2011

In 2010, the New Jersey Economic Development Authority (EDA) provided over $ 86 million to 23 not-for-profit organizations.  This assistance leveraged over $100 million in capital investment and suppo…

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Press Release
July 18, 2011

NEW PROGRAM OFFERS LOW-INTEREST LOANS TO INCREASE ENERGY EFFICIENCY OF COMMERCIAL, INSTITUTIONAL AND INDUSTRIAL BUILDINGS

TRENTON, N.J. (July 18, 2011) – Building on the Christie Administration’s commitment to a greener and more affordable use, management, and development of energy in the State, the New Jersey Economic D…

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Press Release
July 17, 2011

BUSINESS OWNERS BAND TOGETHER, OFFER ADVICE

By Jessica Masulli New Jersey Herald July 17, 2011 No fees, no dues, just jeans and sneakers. That’s the motto Informal Small Business Owners Group (ISBOG) lives by, and the members don’t plan on chan…

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Press Release
July 17, 2011

PAT LAFRIEDA, BUTCHER TO THE STARS, BRINGS BUSINESS TO NEW JERSEY

By Elisa Ung The Record July 17, 2011 You may have seen the names on menus: Valley Shepherd cheeses, Garden State Stout and Pat LaFrieda meats. What makes these sources so sought after by the area’s b…

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Press Release
July 12, 2011

MORE PEOPLE ATTACK THE EMPLOYMENT PROBLEMS IN SOUTH JERSEY BY STARTING THEIR OWN SMALL BUSINESSES

By Wallace McKelvey Atlantic City Press July 12, 2011 They lack the clout to sway votes in Congress or the savvy to set up tax shelters in the Cayman Islands. When they start up, there’s little fanfar…

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Press Release
July 10, 2011

WOMEN-OWNED BUSINESSES SURGE IN NORTH JERSEY AND STATE

By Alexander Macinnes The Record July 10, 2011 Women entrepreneurs in New Jersey outpaced the state’s overall rate of growth for new businesses between 1997 and 2007, reflecting a nationwide trend, a…

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Press Release
June 29, 2011

N.J. TO LAUNCH $1.6M INITIATIVE AIMED AT CREATING JOBS, TRAINING

By Hugh R. Morley The Record June 29, 2011 New Jersey will next month launch a $1.6 million initiative to determine how best to create jobs and train workers in key industries, the state labor commis…

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Press Release
June 27, 2011

STATE PROGRAM CONNECTS SMALL BUSINESSES AND BANKS FOR LOANS

By Joe Cutter NJ 101.5 June 27, 2011 A loan program underwritten by the New Jersey Economic Development Authority seeks to loosen the lending purse strings for small businesses. The program is calle…

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Press Release
June 22, 2011

PROGRAM AIMS TO ASSIST EMPLOYERS

By Chris Bishop Burlington County Times June 22, 2011 President Barack Obama hailed small-business owners in May, calling them the backbone of the nation’s economy. Statistics vary, but according to …

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Press Release
June 16, 2011

EDA CEO CAREN FRANZINI INTERVIEW WITH 1450 WCTC-AM ON AVAILABLE FINANCING FOR NEW JERSEY SMALL BUSINESSES

On May 31, 2011, EDA CEO Caren Franzini spoke with 1450 WCTC-AM about how small businesses in New Jersey can benefit from the Main Street Business Assistance Program.  To listen to the interview, plea…

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Press Release
June 15, 2011

GOV. CHRISTIE TOUTS EFFORTS TO MAKE N.J. MORE BUSINESS FRIENDLY

By Ginger Gibson Star-Ledger June 15, 2011 PLAINSBORO — Gov. Chris Christie addressed a packed room full of business leaders from around the state tonight, highlighting the accomplishments of his adm…

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Press Release
June 14, 2011

SMALL BUSINESSES IN UNION COUNTY HAVE ACCESS TO LINE OF CREDIT PROGRAM THANKS TO UCEDC

Suburban News June 14, 2011 Growing a small business requires ready access to capital, but conventional lending sources are often out-of reach for start-ups and many existing operations. Now, thanks t…

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Press Release
June 9, 2011

LT. GOVERNOR KIM GUADAGNO HELPS DEDICATE GLOBAL HEADQUARTERS FOR WATSON PHARMACEUTICALS IN PARSIPPANY

Trenton, NJ – Lt. Governor Kim Guadagno on Thursday reinforced New Jersey’s reputation as a leader in the pharmaceuticals field by helping Watson Pharmaceuticals Inc. formally dedicate its global corp…

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Press Release
June 6, 2011

NEWARK SMALL BUSINESS CENTER TO OFFER AFFORDABLE OFFICE SPACE, TRAINING AND MENTORSHIP

By Stacy Jones Star-Ledger June 6, 2011 Hans Goff’s political consulting firm is taking off, but working from home and taking calls on his personal cell phone doesn’t make him feel like much of a leg…

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Press Release
May 31, 2011

NEW JERSEY LAUNCHES NEW GREEN GROWTH CAPITAL FUNDING PROGRAM

the Edison Innovation Green Growth Fund (EIGGF).  This program is funded by the New Jersey Board of Public Utilities (BPU) and offers growth capital loans to assist New Jersey clean technology compani…

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Press Release
May 17, 2011

NEW JERSEY OFFERS $60 MILLION THROUGH EDA PROGRAM TO GROW TECH/BIOTECH INDUSTRY

Companies have until June 30, 2011 to Submit Applications TRENTON, N.J. (May 17, 2011) – Supporting the Christie  Administration’s commitment to economic development and job growth, the New Jersey Ec…

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Press Release
April 12, 2011

DANISH BIOTECH CUTS RIBBON ON U.S. HEADQUARTERS BUILDING IN NORTH BRUNSWICK

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Press Release
April 4, 2011

RETENTION AND EXPANSION OF BAYER HEALTHCARE’S EAST COAST OPERATIONS REAFFIRMS POSITIVE IMPACT OF CHRISTIE ADMINISTRATION’S POLICIES

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Press Release
March 28, 2011

CCIT TENANT AWARDED PRESTIGIOUS KAUFMANN FOUNDATION OUTSTANDING POSTDOCTURAL ENTREPRENEUR AWARD

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Press Release
March 17, 2011

STATE LOAN WILL HELP SUPPORT GOALS OF RIDING HIGH FARM

Allentown Examiner March 17, 2011 Riding High Farm has secured a state loan to support its programming for the disabled. The New Jersey Economic Development Authority (EDA) granted the $290,000 loan …

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Press Release
March 3, 2011

ARCHIMEDES PHARMA PLANS BEDMINSTER EXPANSION

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Press Release
February 4, 2011

INCREASING CHRISTIE ADMINISTRATION EFFORTS TO SPUR JOB CREATION, EDA-UCEDC PARTNERSHIP REACHES LENDING MILESTONE IN 2010

UCEDC partnership today announced closing over $1 million in loans in 2010. This represents one of UCEDC’s highest levels of annual lending since launching its first financing program in 1981. The str…

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Press Release
February 2, 2011

CHRISTIE ADMINISTRATION ECONOMIC DEVELOPMENT POLICIES CONTINUE TO ATTRACT COMPANIES TO THE GARDEN STATE AS NEW JERSEY WELCOMES ALICE + OLIVIA BY STACEY BENDET TO SECAUCUS

TRENTON, N.J. (Feb. 2, 2011) – The Christie Administration’s commitment to bring more companies and jobs to the Garden State was enhanced with the addition of alice + olivia by Stacey Bendet to its ne…

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Press Release
February 1, 2011

PRIVATE-PUBLIC COLLABORATION BETWEEN THE CHRISTIE ADMINISTRATION AND PNC BANK SUPPORTS SMALL AND MID-SIZED BUSINESSES WITH GUARANTEED LOANS

PNC Bank and New Jersey Economic Development Authority Announce $50 Million for Job Creation Fund TRENTON, N.J. (Feb. 1, 2011) – In line with Governor Chris Christie’s efforts to spur job creation an…

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Press Release
January 25, 2011

PRINCETON POWER EXPANDS MANUFACTURING CAPABILITY

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Press Release
January 25, 2011

SCHAR, EUROPE’S #1 IN GLUTEN-FREE FOOD, BREAKS GROUND ON FIRST U.S. MANUFACTURING FACILITY IN LOGAN TOWNSHIP

From L-R – Lorenz Kofler, Executive Director, Production, Dr. Schär Srl; Hannes Berger, CEO, Schar USA Inc.; Paul Altieri, Director of US Manufacturing, Schar USA Inc.; Donna George, President and COO…

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Press Release
January 5, 2011

FIRM AT CAMDEN BUSINESS INCUBATOR WINS $721K U.S. GRANT

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