NJEDA Issues RFI Seeking Input on Strategies to Address Food Insecurity in New Jersey’s Food Deserts

TRENTON, N.J. (March 15, 2021) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight into food security challenges faced by communities across the Garden State, including…

49 Early-Stage Companies Poised to Sell Approximately $54.5 Million Through 2020 NJ Net Operating Loss Program

TRENTON, N.J. (March 12, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that it sent final approval letters last week to the 49 technology and life sciences companies that are participating in the 2020 Net Operating Loss (NOL) Program.

One Month Remains to Apply for NJEDA Brownfields Loan Program

There is just one month remaining to apply for the NJEDA Brownfields Loan Program. The program offers low-interest financing of $100,000 to $5 million for all aspects of brownfields revitalization projects, including assessment, investigation, and demolition.

La NJEDA anuncia programa de subsidios de apoyo para microprestamistas

TRENTON, N.J. (11 de marzo de 2021) – La  La Junta directiva de la Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció ayer que ha aprobado la creación de un Programa de subsidios de apoyo a microprestamistas.

NJEDA Announces $2 Million Micro Lender Support Grant Program

The NJEDA Board of Directors today approved the creation of the Micro Lender Support Grant Program. This $2 million pilot program will make grant funding available to organizations that lend to New Jersey small and micro businesses.

CSIT Announces Clean Tech R&D Voucher Program to Connect Emerging Companies with Amenities at NJ Universities & Federal Laboratories

TRENTON, N.J. (March 5, 2021) – The Commission on Science, Innovation and Technology (CSIT) today announced it will begin accepting applications next month for its Clean Tech Research and Development (R&D) Voucher Program.

Notice of NJEDA Board Meeting – 3/10/2021

Please be advised that a telephonic meeting of the New Jersey Economic Development Authority is scheduled for 10:00 AM, Wednesday, March 10, 2021.

The Members will convene to via conference call only.  Members of the public may participate in the meeting by calling in on the conference line.  Members of the public will have an opportunity to speak during the public comment segment of the meeting.

NJEDA Announces Residential Economic Redevelopment and Growth Program to Relaunch in June

TRENTON, N.J. (March 2, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced plans to reopen the residential component of the Economic Redevelopment and Growth (ERG) Program utilizing $50 million in tax credits designated in the Economic Recovery Act of 2020.

Lt. Governor Sheila Oliver – A Voice for All People

TRENTON, N.J. (February 26, 2021) – Throughout her entire career, one word has defined Lieutenant Governor Sheila Oliver – trailblazer. As New Jersey’s first Black Lt. Governor, Oliver is forging a new path and working daily to ensure that…

La NJEDA destinará $14 millones en subsidios a 27 entidades alrededor del estado a través de Sustain & Serve NJ

TRENTON, N.J. (26 de febrero de 2021) – La Autoridad para el Desarrollo Económico de NJ (NJEDA, por sus siglas en inglés) anunciaron que prevé destinar 14 millones en subsidios a 27 organizaciones a través de su programa Sustain & Serve NJ. La NJEDA lanzo solicitudes para Sustain & Serve NJ a…

CSIT Awards $450,000 Through Second Round of NJ SBIR/STTR Direct Financial Assistance Program

TRENTON, N.J. (February 22, 2021) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced that it has awarded a total of $450,000 to 16 early-stage companies through the state’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) Direct Financial Assistance Program.

NJEDA To Award $14 Million in Grants to 27 Entities Statewide through Sustain & Serve NJ

TRENTON, N.J. (February 25, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced that it anticipates awarding almost $14 million in grants to 27 organizations through its Sustain & Serve NJ program. The NJEDA launched…

CSIT Announces Competitive State Grant Program for Technical Assistance Providers Vying for Federal Funding

TRENTON, N.J. (February 24, 2021) The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced that it will begin accepting applications next month for a competitive matching grant that will provide $225,000 to a New Jersey technical assistance provider vying for participation in the Federal and State Technology (FAST) Partnership Program.

Housing Market, Foreign Direct Investment, and GDP by County

To an economist, housing is like any other market: it’s about supply and demand. And while demand for New Jersey homes has swelled, supply has done quite the opposite. And, as a result, prices have surged higher.

NJEDA Gathers Public Feedback on Implementation of Economic Recovery Act of 2020

TRENTON, N.J. (February 17, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that it has launched a website to provide information on the recently-signed Economic Recovery Act of 2020…

Notice of CSIT Board Meeting – 2/19/2021

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, February 19, 2021 at 10:00 am

A copy of the proposed agenda can be found at https://www.njeda.gov/csitagenda_02192021/

CCRC – Notice of Annual Meeting – 2/16/2021

The Capital City Redevelopment Corporation Board Annual meeting is scheduled for 11:00 am on Tuesday, February 16, 2021, via teleconference only.

NJ Capital Connections

The New Jersey Economic Development Authority (NJEDA) kicked off 2021 by launching an Angel/Venture Capital Funding website to showcase capital raises along with mergers and acquisitions throughout the Garden State. 

La NJEDA volverá a ofrecer descuentos del alrededor del 70% en PPE a partir del 16 de febrero

 TRENTON, N.J. (12 de febrero de 2021) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció hoy que tiene planeado volver a ofrecer descuentos de aproximadamente el 70% en el precio de equipos de protección personal (PPE) que se adquieran a través del Programa de acceso a PPE para pequeñas empresas y microempresas de NJ implementado por la Autoridad.

NJEDA Received Record-Breaking 700+ Angel Investor Tax Credit Program Applications in 2020

TRENTON, NJ (February 11, 2021) – The New Jersey Economic Development Authority (NJEDA) announced today that interest in its Angel Investor Tax Credit Program saw record levels in 2020, as investors submitted more than 700 applications, nearly three times the average of previous program years.

NJEDA Board Approves Implementation of GROW NJ Accommodations to Address COVID-19 Impacts

The NJEDA Board of Directors today approved the implementation of new accommodations for COVID-19 impacted businesses that had previously been approved for Grow New Jersey (Grow NJ) awards.

NJEDA to Bring Back Nearly 70% Discounts on PPE Beginning February 16

The NJEDA today announced plans to bring back discounts of nearly 70 percent off the price of personal protective equipment (PPE) purchased through the Authority’s New Jersey Small and Micro Business PPE Access Program.

NJEDA Board Approves ERG Award for Hinchliffe Stadium Redevelopment

The New Jersey Economic Development Authority (NJEDA) Board of Directors today approved an Economic Redevelopment and Growth (ERG) Program tax credit for the redevelopment of Hinchliffe Stadium in Paterson, New Jersey. 

NJEDA-Supported Companies Raise $31.98 Million During Last Quarter of 2020

Several NJEDA-supported companies were among those to receive investments, six of them raising a combined $31.98 million, plus a seventh that raised an undisclosed amount. Two Princeton-based  companies – Arable Labs and Soligenix previously participated in New Jersey’s Net Operating Loss (Program). The NOL Program allows companies that have not yet reached profitability to sell […]

La NJEDA difiere la preinscripción para la Fase 2 del Programa de préstamos de emergencia para pequeñas empresas

TRENTON, N.J. (8 de febrero de 2021) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) hoy anunció que se diferirá la preinscripción para la Fase 2 del Programa de préstamos de emergencia para pequeñas empresas.

Governor Murphy Highlights Brownfields Redevelopment Tax Credit, Launches Loan Program Supporting Brownfields Remediation

TRENTON – Governor Phil Murphy today highlighted two programs that will support the transformation of contaminated brownfields into vibrant community assets. 

New Jersey Small and Micro Business PPE Access Program Phase 2

The NJ Small and Micro Business PPE Access Program was developed in response to consistent concerns emerging from the Governor’s Restart and Recovery Commission, the nine sector-based committees of the Governor’s Restart and Recovery Advisory Council and input from numerous small and micro businesses.

CSIT Opens Application for Cleantech Seed Grant Program

Program Makes up to $75,000 Available to Companies Furthering Clean Tech R&D TRENTON, N.J. (February 8, 2021) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today opened the application for its Clean Tech Seed Grant Program. The program will help accelerate development and innovation of clean technologies by furthering research and development […]

NJEDA Defers Pre-Registration for Phase 2 of Small Business Emergency Assistance Loan Program

TRENTON, N.J. (February 5, 2020) – The New Jersey Economic Development Authority (NJEDA) today announced that pre-registration for Phase 2 of the Small Business Emergency Assistance Loan Program will be deferred.

NJEDA, NJBPU, and OSHE to Invest $3 Million in Offshore Wind Workforce Development through New Jersey Offshore Wind Safety Training Challenge

TRENTON, N.J. (February 4, 2021) – The New Jersey Economic Development Authority (NJEDA) and the New Jersey Office of the Secretary of Higher Education (OSHE) today announced the launch of the New Jersey Offshore Wind Safety Training Challenge, a new $3 million program launched with funding from the New Jersey Board of Public Utilities (NJBPU) […]

NJEDA – EDA Board Meeting 2/10/2021

Notice of NJEDA Board Meeting NJEDA – EDA Board Meeting 2/10/2021 Please be advised that a telephonic meeting of the New Jersey Economic Development Authority is scheduled for 10:00 AM, Wednesday, February 10, 2021. The Members will convene to via conference call only.  Members of the public may participate in the meeting by calling in […]

NJEDA and Federal Reserve Bank of Philadelphia Announce Equity-Focused Research Partnership

TRENTON, N.J. (February 1, 2021) – The New Jersey Economic Development Authority (NJEDA) and the Federal Reserve Bank of Philadelphia today announced that they have signed a Memorandum of Understanding (MOU) to create a Research in Action Lab on the topic of minority-owned small businesses.

NJEDA Announces $10 Million Second Phase of its Small Business Emergency Assistance Loan Program

 The New Jersey Economic Development Authority (NJEDA) today announced it will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9:00 a.m. EST on Wednesday, February 10, 2021.

​NJEDA anuncia $10 millones para la segunda fase de su Programa de préstamos de asistencia de emergencia para pequeñas empresas

La Autoridad habilitará la preinscripción en el programa el 10 de febrero de 2021

New Jersey Gross State Product, International Trade, and Commercial Real Estate

As with every state in the US, New Jersey’s economy suffered an unprecedented drop in 2020:Q2, followed by an unprecedented rebound in 2020:Q3.

Heading into Q2, with COVID-19 cases surging, New Jersey’s economy went into a virtual freeze – something with no parallel in post-WWII history.

NJEDA Board Approves NJ ZIP Pilot Program

New Program Incentivizes Use of Zero-Emission Vehicles in Camden and Newark  

TRENTON, N.J. (January 15, 2021) – The New Jersey Economic Development Authority (NJEDA) Board of Directors today approved the New Jersey Zero Emission Incentive Program (NJ ZIP).

CSIT Announces Clean Tech Seed Grant Program

Program Will Make up to $75,000 Available to Companies Furthering Clean Tech R&D

Governor Murphy Signs Historic Economic Recovery Legislation

TRENTON – Governor Phil Murphy today signed into law the landmark New Jersey Economic Recovery Act of 2020, which will provide economic support for small businesses, while propelling New Jersey’s economic recovery and growth for much of the next decade.  

Apertura de la presentación de solicitudes para el programa Sustain and Serve NJ

TRENTON, N.J. (23 de diciembre de 2020) – La Autoridad para el desarrollo económico de New Jersey (NJEDA) anunció hoy la apertura de presentación de solicitudes para el programa “Sustain and Serve NJ” (Apoya y sirve a NJ),

Over 100 New Jersey Leaders Come Out in Support of Economic Recovery and Tax Incentives Reform Legislation

TRENTON – Over 100 leaders in government, the private sector, and labor from across the state expressed their support for the New Jersey Economic Recovery Act of 2020