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Entrepreneurship NJ: The Importance of Being Entrepreneurist Check out Entrepreneurship NJ, a new series of blogs focused on entrepreneurship in New Jersey. This series is an effort to build a community of learners in the small business space and to help the NJEDA learn more about the entrepreneurial experience to better tailor our efforts and resources to meet entrepreneurs’ needs. This first post tells the story of Diena Seeger’s path from New Jersey high schools to founding her own high-tech fitness company. Read more here
Investment in People Better Than a Golden Goose First Lady Tammy Murphy and the NJEDA announced plans in June to organize a New Jersey chapter of Golden Seeds, a national angel investor network dedicated to investing in women-led startup companies. The partnership with Golden Seeds supports Governor Murphy’s efforts to create a diverse innovation ecosystem in New Jersey by increasing the availability of angel capital for women-led businesses and mentoring opportunities for women businesses leaders. It will also foster a strong, cohesive angel investing community in New Jersey by bringing members together to identify investment opportunities, conduct due diligence, and support companies in which they choose to invest. Investors interested in getting more information about the NJ Chapter of Golden Seeds should contact GoldenSeeds@njeda.com. Investment in Communities Opportunity Zone Opportunity This fall, the NJEDA is launching a competitive grant program aimed at supporting community efforts to attract investments in Opportunity Zones. The Opportunity Zone Challenge Program will award five grants of up to $100,000 each—for a total of $500,000—to select municipal or county governments or municipal partnerships whose applications demonstrate a clear strategic plan to build investment capacity in their Opportunity Zones. The final plans developed using the Opportunity Zone Challenge grant funding are expected to be detailed strategic plans that will guide a community’s approach for attracting Opportunity Zone investments. They will allow local government entities to better implement their strategies based on the community’s unique needs and vision for long-term, socially responsible growth. Making New Jersey the State of Innovation Angels in the For Your Commute Listen to the latest episode of ECONversations, the NJEDA podcast. This month, host Tai Cooper, NJEDA’s Vice President, Policy and Communications talks with Brian Sabina, Senior Vice President, Economic Transformation about how the NJEDA’s Office of Economic Transformation is working to restore New Jersey’s leadership in innovation. Click here to listen to the podcast!
New Resources for Small Businesses The NJEDA’s new Community Development Financial Institution (CDFI) Initiative will make up to $15 million available to CDFIs to expand their capacity to provide financing to New Jersey small businesses. The initiative is the direct result of feedback the NJEDA has received from CDFI leaders and other organizations that support small businesses in New Jersey.
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To find out more about NJEDA and its resources, go to www.NJEDA.com![]() |
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