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For an overview of Golden Seeds or for questions, please email: goldenseeds@njeda.com.

For information about Golden Seeds’ funding process, click here.

Schedule of Upcoming Office Hours are as follows:

Wednesday. Jan 20, 2021: 4:00 PM to 6:00 PM – To be held virtually
Wednesday. Feb 17, 2021: 4:00 PM to 6:00 PM – To be held virtually
Wednesday, March 17, 2021: 4:00 PM to 6:00 PM – To be held virtually
Wednesday, April 21, 2021: 4:00 PM to 6:00 PM – To be held virtually
Wednesday, May 19, 2021: 4:00 PM to 6:00 PM – To be held virtually
Wednesday, June 16, 2021: 4:00 PM to 6:00 PM – To be held virtually

To register, please click here.


Are you ready for an angel investment?

Entrepreneurs meet these tests of readiness:

-  Product is in beta (versus alpha) stage of development and has been created with input from clients or potential clients.
-  Company has some “proof of concept” revenue.
-  Typical pre-money valuation below $5M.
-  Typically seeking to raise $250K-$2M.
-  Consumer product companies that have annual run rate revenue of over $1M and gross margins over 40%.
 

More Information about the NJEDA-Golden Seeds Partnership:


Governor Phil Murphy's comprehensive plan for building a stronger and fairer economy in New Jersey includes a goal of creating the most diverse innovation ecosystem in the nation and doubling venture capital in the state. Furthermore, the Governor's plan calls for closing the racial and gender wage and employment gaps. One means of closing wage and employment gaps is to close the funding gap for female-led startups. 

In support of this goal, the NJEDA has worked with First Lady Tammy Murphy 
to organize a New Jersey chapter of Golden Seeds to focus on New Jersey women-led businesses.

Golden Seeds is a firm dedicated to pursuing investment returns through the empowerment of women entrepreneurs and the people who invest in them. The group was founded in 2005 and is headquartered in NYC. Golden Seeds membership of over 300 members consists of women (80%) and men (20%) dedicated to evaluating, funding and helping companies with at least one woman in a management role and commensurate equity. 

Through a partnership with Golden Seeds, the NJEDA will create the opportunity to increase available capital for women-led businesses as well as mentoring women entrepreneurs through monthly office hours with an anticipated outcome of greater success for women-led businesses. Furthermore, the goal of closing the racial and gender wage and employment gaps should directly see a positive impact with more funding available to women which not only increases their business capital but allows them funding for salaries to support this growth.

With a Golden Seeds chapter in New Jersey, members will be able to work together to identify investment opportunities, conduct due diligence, monitor the companies' progress and provide support in many other ways. This will all contribute to creating a strong, cohesive and robust angel investing community that will contribute to the diversity of women in the C-suite, that is not currently present or being supported in New Jersey.

Golden Seeds Overview


Latest News:

Woman-Owned ROAR Receives First Investment Driven by NJ Chapter of Golden Seeds (Nov 16, 2020)


 

If you are an entrepreneur and want more information regarding the NJEDA's involvement with Golden Seeds, please send an email here.

If you are an investor and want information about becoming a member of the New Jersey
Chapter of Golden Seeds, click here.

 

NJEDA is a member of Golden Seeds.