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Press Release
October 17, 2011

STATE OFFICIALS CLOSE CRANFORD-BASED FIRST STATE BANK OVER POOR ASSET QUALITY

By Eliot Caroom/Star-Ledger October 17, 2011 State officials yesterday closed Cranford-based First State Bank and the Federal Deposit Insurance Corporation announced Northfield Bank of Staten Island …

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Press Release
October 17, 2011

DESPITE CRANFORD LENDER’S FAILURE, N.J.-BASED BANKS STILL STRONG, OBSERVERS SAY

By Beth Fitzgerald/NJBIZ October 17, 2011 The failure Friday of the two-branch First State Bank, in Cranford, and its takeover by Northfield Bank was the 79th nationwide for the Federal Deposit Insur…

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Press Release
October 14, 2011

BANK OF AMERICA HIRES SMALL-BUSINESS BANKERS AS IT CUTS WALL STREET JOBS

By Kirsten Grind/Portfolio.com October 14, 2011 If you were waiting for a sign that small business—and not Wall Street—is the economic growth engine of the United States, here it is. Bank of America …

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Press Release
October 14, 2011

NJ CREDIT UNIONS CAMPAIGNING TO RAISE BUSINESS LENDING LIMIT

By Richard Newman/The Record October 14, 2011 New Jersey’s credit unions, locked in a perennial turf war with banks, ramped up their marketing efforts this week to present themselves as potential job…

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Press Release
October 14, 2011

NORTH JERSEY NON-PROFITS GET HOMELAND SECURITY GRANTS

By Harvey Lipman/The Record October 14, 2011 Eleven non-profits in Bergen and Passaic counties received federal grants of as much as $75,000 each to be used to improve security at their properties, t…

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Press Release
October 12, 2011

CHRISTIE ADMINISTRATION ANNOUNCES FUNDING TO SPUR SMALL BUSINESS LENDING AND JOB CREATION IN NEW JERSEY

TRENTON, NJ – Governor Chris Christie today announced that the State of New Jersey has been approved by the U.S. Department of Treasury for $33.8 million in funding through the State Small Business Cr…

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Press Release
October 12, 2011

FINANCIAL PLANNING ESSENTIAL FOR SMALL BUSINESS OWNERS

By Dan Serra/McClatchy-Tribune News Service October 12, 2011 Small businesses are the lifeblood of the American economy. And the people who run them are the heart that pumps out successful stories. B…

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Press Release
October 11, 2011

PARTNERSHIP FOR ACTION WORKS TO KEEP GOYA FOODS IN NEW JERSEY

TRENTON, N.J. (Oct. 11, 2011) – The Board of the New Jersey Economic Development Authority (EDA) today approved an award to Goya Foods under the Urban Transit Hub Tax Credit Program to encourage the c…

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Press Release
October 11, 2011

CREDIT UNIONS AIM MARKETING AT DISSATISFIED BANK CUSTOMERS

By Jared Kaltwasser/NJBIZ October 11, 2011 The head of a North Jersey credit union says increasing consumer frustration with banks is helping credit unions gain a greater foothold in the Garden State…

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Press Release
October 6, 2011

HISPANIC OWNER OF PATERSON COMPANY WINS SMALL BUSINESS AWARD

By Richard Newman/The Record October 6, 2011 Paterson small-business owner Odilo Vazquez, 66, emigrated from Galicia, Spain, to Newark more than 40 years ago to pursue the American dream. He earned a…

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News
October 6, 2011

PRESENTATION AVAILABLE FROM TRENTON SMALL BUSINESS FORUM

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Press Release
October 3, 2011

LT. GOV. GUADAGNO TOUTS N.J. BUSINESSES IN VISITS TO TWO NORTH JERSEY FIRMS

By Karen Sudol/The Record October 3, 2011 Lt. Governor Kim Guadagno continued to show the state government’s support for Garden State businesses by visiting two companies in North Jersey on Monday as …

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Press Release
September 29, 2011

PRINCETON POWER SYSTEMS UNVEILS ‘AN ISLAND IN THE SUN’ DEMONSTRATION SITE, NEW MANUFACTURING FACILITY IN NEW JERSEY

PRINCETON, N.J. (Sept. 29, 2011) – Flanked by industry colleagues and key dignitaries, Princeton Power Systems (PPS) yesterday unveiled its ‘An Island in the Sun’ demonstration site that boasts a 200 …

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Press Release
September 28, 2011

NOTICE OF FORT MONMOUTH ECONOMIC REVITALIZATION AUTHORITY MEETING

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, October 19, 2011 at 7:00 pm at the Tinton Falls Municipal Building, 556 Tinton Avenue, Tinton Falls, …

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Press Release
September 28, 2011

HOW COMMUNITY BANKS ARE WOOING SMALL-BUSINESS CUSTOMERS

By Gwen Moran/Entrepreneur September 28, 2011 The small-business lending situation is a lesson in irony: Despite government efforts to spark more lending, uptake is down. In June, the SBA reported tha…

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Press Release
September 28, 2011

FOUR N.J. BANKS GET $25 MILLION FOR SMALL BIZ LENDING

By Ed Beeson/Star-Ledger September 28, 2011 The U.S. Treasury announced today it doled out $25.6 million to four New Jersey community banks as part of an effort to drum up lending to small businesses….

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News
September 28, 2011

NOTICE OF NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY BOARD MEETING

The New Jersey Economic Development Authority’s next public Board Meeting will take place at 10:00 a.m. on Tuesday, October 11, 2011 at 36 West State St., Trenton, NJ 08625.  A copy of the proposed ag…

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Press Release
September 27, 2011

LT. GOVERNOR KIM GUADAGNO HELPS HONOR LEGISLATORS & BUSINESS ADVOCATES IN A.C.

By Rick Ritter/NBC40 September 27, 2011 ATLANTIC CITY- Lt. Governor Kim Guadagno helped the New Jersey Chamber of Commerce honor four legislators and three business advocates for their outstanding eco…

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Press Release
September 27, 2011

5 NJ BANKS MAKE SANDLER O’NEILL “SM-ALL STAR” TEAM

By Richard Newman/The Record September 27, 2011 New Jersey had five banks this year on Sandler O’Neill & Partners’ annual list of 25 “Sm-All Star Banks,” which, in the New York City-based investment b…

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Press Release
September 26, 2011

RETAIL VACANCY RATE IMPROVES IN NORTH, CENTRAL JERSEY

By Joan Verdon/The Record September 26, 2011 The retail vacancy rate in North and Central New Jersey improved slightly in July, coming in at 8.06 percent, the lowest rate since January, 2009, accordi…

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Press Release
September 20, 2011

VIEW THE PRESENTATION GIVEN AT THE “BUILDING VITALITY” PANEL SESSION, HELD ON SEPTEMBER 20, 2011 AS PART OF THE GOVERNOR’S CONFERENCE ON HOUSING AND ECONOMIC DEVELOPMENT

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News
September 20, 2011

VIEW THE PRESENTATION GIVEN AT THE “GROWING INNOVATION” PANEL SESSION, HELD ON SEPTEMBER 20, 2011 AS PART OF THE GOVERNOR’S CONFERENCE ON HOUSING AND ECONOMIC DEVELOPMENT.

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Press Release
September 16, 2011

NOTICE OF FORT MONMOUTH ECONOMIC REVITALIZATION AUTHORITY MEETING

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, September 21, 2011 at 7:00 pm at the Freehold Agricultural Building, 4000 Kozloski Road, Freehold, NJ…

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Press Release
September 15, 2011

FORT MONMOUTH ECONOMIC REVITALIZATION AUTHORITY MARKS NEW BEGINNING

Christie Administration Reaffirms its Commitment to Economic Development for the Fort Property Eatontown, NJ (September 15, 2011) – The Fort Monmouth Economic Revitalization Authority (FMERA) will pa…

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Press Release
September 15, 2011

FLUITEC INTERNATIONAL ESTABLISHES CORPORATE HEADQUARTERS IN NJ

JERSEY CITY, N.J. (September 12, 2011) – Lieutenant Governor Kim Guadagno recently met with Fluitec International and Fluitec NV to celebrate the company’s decision to consolidate its U.S. operations …

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News
September 12, 2011

NOTICE OF NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY BOARD MEETING

The New Jersey Economic Development Authority’s next public Board Meeting will take place at 2:00 pm on Wednesday, September 14, 2011 at 36 West State St., Trenton, NJ 08625.  A copy of the proposed a…

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Press Release
September 7, 2011

N.J. STEPS IN TO HELP BUSINESSES HIT HARD BY IRENE

By Phil Gregory/88.3 WBGO FM September 7, 2011 New Jersey is taking action to help businesses recover from the damage caused by Hurricane Irene. The New Jersey Economic Development Authority is expan…

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Press Release
September 6, 2011

EDA BOARD APPROVES TEMPORARY EXPANSION OF MAIN STREET BUSINESS ASSISTANCE PROGRAM TO SUPPORT HURRICANE IRENE-IMPACTED BUSINESSES

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Press Release
September 6, 2011

LT. GOVERNOR MOVES FULL SPEED AHEAD TO PROMOTE JERSEY

By David Matthau/NJ 101.5 September 6, 2011 Even with all the recent financial uncertainty, Lut. Governor Kim Guadagno continues to cris-cross the Garden state, meeting with CEO’s and Corporate Big-W…

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News
September 2, 2011

NOTICE OF FORT MONMOUTH ECONOMIC REVITALIZATION AUTHORITY SPECIAL BOARD MEETING

In accordance with the Open Public Meetings Act, P. L. 1975, c. 231, Section 13, the Fort Monmouth Economic Revitalization Authority (FMERA) here provides adequate notice of a Special Public Meeting. …

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Press Release
August 29, 2011

NEW JERSEY TO HELP BUSINESSES, WORKERS HIT BY STORM

By Andrew Tangel/The Record August 29, 2011 Governor Christie’s office announced a series of measures Sunday night to assist businesses and employees hit hard by Hurricane Irene. The state will offer…

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Press Release
August 26, 2011

STATE SEEKS INDUSTRY SUPPORT IN DEVELOPMENT OF NEW TECHNOLOGY ACCELERATOR PROGRAM

TRENTON, N.J. (Aug. 9, 2011) – In support of the Christie Administration’s commitment to entrepreneurial development within the  technology industry, the New Jersey Economic Development Authority (EDA…

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News
August 26, 2011

INFORMATION ON RESOURCES FOR HURRICANE IRENE-IMPACTED BUSINESSES

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Press Release
August 25, 2011

CAPITAL ONE BANK RELEASES RESULTS OF ITS NATIONAL QUARTERLY SMALL BUSINESS BAROMETER SURVEY

BusinessWire August 25, 2011 Survey data for the second quarter of 2011 suggests an improved job outlook for small businesses MCLEAN, Va., Aug 25, 2011 (BUSINESS WIRE) — Capital One Small Business …

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Press Release
August 23, 2011

NEW JERSEY JUMPS HIGHER IN SURVEY OF BUSINESS FRIENDLY STATES

By Aaron Moselle/WHYY Newsworks August 23, 2011 A new study ranks New Jersey as one of the nation’s most friendly states for opening a new business. The study out of the University of Nebraska-Lincol…

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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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