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BIZ BUZZ
Issue:11
Dec 2018
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On behalf of the New Jersey Economic Development Authority (EDA), we would like to wish you and your families a joyous holiday season and a prosperous 2019.

NJEDA is very appreciative of the commitment shown by our state's companies and business advocacy partners and looks forward to working closely with our partners in the New Year to build a New Jersey economy that is both stronger and fairer.

Wishing you a New Year filled with good health, happiness, and prosperity.

 


 
 
 

EDA NJ Small Business Support By The Numbers

 
 
 

 
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Latest News

 
 
 
 
 


EDA's financing for small to mid-sized businesses and manufacturers have helped businesses across New Jersey overcome challenges, meet financing gaps, and create/retain jobs in New Jersey.

Please visit www.NJEDA.com/EDAWasHere to learn more about how EDA assisted these businesses.

 
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 To help advance a key component of Governor Phil Murphy's comprehensive economic plan, the New Jersey Economic Development Authority (NJEDA) today announced it has realigned operations to better foster a dynamic, supportive environment for New Jersey's entrepreneurs and small businesses, including the creation of a new dedicated small business unit. This follows other recent efforts of the NJEDA focused on increasing access to growth capital for historically underrepresented businesses.

"Our vision for a stronger and fairer economy in New Jersey includes removing the barriers that small businesses face in growing and creating jobs here," said Governor Murphy. "Offering greater pathways to capital and providing step-by-step support through a dedicated NJEDA unit staffed by a diverse and experienced team will help ensure that companies have the tools they need to thrive and succeed in New Jersey." The EDA's new small business unit is charged with providing robust financial, workforce, and technical support to the State's small business community, with a focus on historically underrepresented firms, including women, minority, veteran, disability, and LGBTQ-owned enterprises. The new unit will be led by Christina Fuentes, who has served as a Senior Business and Community Development Officer at the NJEDA since 2015, and focus on identifying economic opportunities in targeted and underserved communities.

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The New Jersey Economic Development Authority (NJEDA) unveiled several enhancements to its lending programs to help increase access to growth capital for small, women, minority, and veteran-owned businesses. The NJEDA also announced that applications are now open for its newest program unveiled last month – Access, which offers small businesses more flexibility by placing greater emphasis on cash-flow with less reliance on hard collateral.

"The NJEDA is now better positioned to provide more dynamic support to small businesses, particularly those firms that have been historically underserved – a key component of Governor Phil Murphy's plan for a Stronger and Fairer Economy," said NJEDA CEO Tim Sullivan. "New Jersey's small business community employs an estimated 50 percent of our residents, and it is critical to the State's long-term economic competitiveness that we create an environment where these businesses can thrive."

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Upcoming Events

 
 
Jan
9

Event: Marketing Essentials for Small Business
Location: 14 East Mulberry Street, Millville, NJ 08332
Time: 11:30 am - 1:30 pm
 
Jan
23

Event: Marketing Research Tools for Small Business
Location: 14 East Mulberry Street, Millville, NJ 08332
Time: 11:00 am - 1:30 pm
 
 

 

 

 

Jan
23

Event: Getting Started with Government Contracting
Location: 75 Chestnut Street, Cranford, NJ 07016
Time: 6:00 pm - 8:00 pm
 
 
 
 

Event Calendar


 

To subscribe to NJEDA BIZ BUZZ, please visit http://www.njeda.com/EDAWasHere