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Press Release
December 17, 2008

DATA CENTER DEVELOPMENT THRIVES IN NEW JERSEY

New Facility in Clifton Attracts Additional Data Users, Boosts Capabilities for Business Trenton, N.J. (December 17, 2008) – State and local government officials joined with Mountain Development Corp….

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Press Release
December 16, 2008

NEW JERSEY CELEBRATES REDEVELOPMENT PROJECT IN NEPTUNE

Project Underscores Importance of Investing in New Jersey’s Cities Trenton, N.J. (December 16, 2008) – State and local government officials joined CityWorks on Tuesday to celebrate the ceremonial gro…

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Press Release
December 16, 2008

GOVERNOR SIGNS NEW MAIN STREET LEGISLATION

Governor Jon S. Corzine today signed legislation creating the New Jersey Main Street Business Assistance Program, the latest in a series of initiatives established under his Economic Assistance and Re…

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Press Release
December 10, 2008

TRENTON ARCHITECTURE/PLANNING FIRM USES STATE FINANCING TO RENOVATE HISTORIC MASONIC TEMPLE FOR CORPORATE OFFICES

Trenton, N.J. (Dec. 10, 2008) – After remaining unfinished for more than 80 years, the third floor of the historic Trenton Masonic Temple is being renovated and improved for use as the new headquarter…

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Press Release
December 9, 2008

GOVERNOR SIGNS INVESTNJ LEGISLATION

Program will spur job creation and capital investment Iselin, N.J. (December 9, 2008) – To help New Jersey businesses face the fiscal challenges of the current national economic crisis, Governor Jon S…

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Press Release
December 4, 2008

EDA HOSTS ROUNDTABLE WITH PREFERRED LENDERS

PNC Bank, TD Bank Honored at Event Trenton, N.J. (December 4, 2008) – The New Jersey Economic Development Authority (EDA) recently hosted a roundtable event for its preferred lenders to discuss the la…

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Press Release
November 12, 2008

PRINCETON-BASED TECH COMPANY RECEIVES EDISON INNOVATION FUND INVESTMENT

Financial Assistance Will Help New Product Reach Commercialization Trenton, N.J. (November 12, 2008) – The New Jersey Economic Development Authority (EDA) has finalized a $200,000 Edison Innovation F…

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Press Release
November 10, 2008

SUSQUEHANNA BANK GRANTED PREFERRED LENDER STATUS

Newest Partnership Reinforces Bank’s Commitment to the City of Camden Trenton, N.J. (November 10, 2008) – The New Jersey Economic Development Authority (EDA) has approved Susquehanna Bank as its newe…

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Press Release
October 28, 2008

FIRST APPROVAL FOR URBAN TRANSIT HUB TAX CREDIT GRANTED TO VERIZON NEW JERSEY FOR NEWARK PROJECT

New program encourages company to maintain facility in downtown business district Trenton, N.J. (Oct. 28, 2008) – The State of New Jersey today approved the first project to qualify for assistance un…

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Press Release
October 9, 2008

GOVERNOR CORZINE AND CAMPBELL’S SOUP BREAK GROUND FOR NEW WORLD HEADQUARTERS

Camden, N.J. (October, 9, 2008) – The 138-year old commitment of Campbell’s Soup Company to New Jersey was bolstered today as Governor Jon S. Corzine and company officials broke ground for the firm’s …

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Press Release
August 14, 2008

ARCH INSURANCE TO BRING HUNDREDS OF JOBS TO NEW JERSEY

NJ, Jersey City Officials Laud Financial Services Firm for Choosing Garden State Trenton, N.J. (August 14, 2008) – State and local officials today applauded Arch Insurance Group Inc.’s decision to re…

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Press Release
August 13, 2008

NEW JERSEY CELEBRATES ANOTHER LIFE SCIENCES SUCCESS STORY

State-Assisted Amicus Therapeutics, Inc. Celebrates 100th Employee Trenton, N.J. (August 13, 2008) – Governor Jon S. Corzine, along with other state and local officials, were invited by Amicus Therap…

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Press Release
August 4, 2008

NEW RESOURCE PROVIDES WORKING CAPITAL FUNDS

First Two Companies Awarded Financing Under Program Trenton, N.J. (August 4, 2008) – New Jersey-based technology and life sciences companies that are working on applied research projects through the E…

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Press Release
July 25, 2008

PUBLIC NOTICE – CANCELLATION OF ALL SCHEDULED MEETINGS FOR NJDA

In accordance with sec. 25.a. of P.L. 2008, c.27, the New Jersey Development Authority for Small Businesses, Minorities and Womens Enterprises (NJDA) created by section 3 of P.L. 1985, c.386 (C.34:1B-…

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Press Release
July 24, 2008

STATE APPROVES $1-MILLION INVESTMENT IN OMNI CAPITAL

Trenton, N.J. (July 24, 2008) – The State of New Jersey has approved a $1-million limited partnership investment in the OmniCapital Fund, which has been created by OmniCapital Group, LLC to invest in …

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Press Release
July 17, 2008

EDA ADDS ROMA BANK TO ITS LIST OF PREFERRED LENDERS

Trenton, N.J. (July 17, 2008) – The New Jersey Economic Development Authority (EDA) has approved Roma Bank as its newest Preferred Lender.  The program, which supports Gov. Jon S. Corzine’s commitment…

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Press Release
July 15, 2008

SWITCH2HEALTH CORP. RECEIVES A $200,000 EDISON INNOVATION FUND INVESTMENT

Trenton, N.J. (July 15, 2008) – Switch2HealthTM Corporation (S2H) received a $200,000 Edison Innovation Fund investment to support its continued growth in North Brunswick. The company seeks to launch …

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Press Release
July 8, 2008

LEHMAN BROTHERS MAY BRING 500 JOBS TO JERSEY CITY

NJ Offers Business Incentive Grant to Entice Relocation from NYC Trenton, N.J. (July 8, 2008) – In an effort to entice Lehman Brothers and hundreds of jobs across the Hudson River, the State of New J…

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Press Release
June 12, 2008

OFFICIALS CELEBRATE EXPANSION AND RENOVATION OF HEALTH CARE FACILITY IN PATERSON

Paterson Mayor Jose “Joey” Torres, EDA CEO Caren Franzini, Passaic County Freeholder Director Sonia Rosado and Dr. Stuart Rauch celebrate the expansion and renovation of Doctors Subacute Care in Pater…

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Press Release
June 5, 2008

LOW-INTEREST STATE EDA FINANCING HELPS BRING NEW WANAQUE REDEVELOPMENT PROJECT TO LIFE

Wanaque, N.J. (June 5, 2008) – A local developer has transformed several underutilized and deteriorating properties along the main street in this Passaic County community into a thriving new downtown …

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Press Release
May 20, 2008

EDA ADDS COLUMBIA BANK, PEAPACK-GLADSTONE BANK TO ITS LIST OF PREFERRED LENDERS

TRENTON, N.J. (May 20, 2008) – The New Jersey Economic Development Authority (EDA) has approved two new community-based financial institutions – Columbia Bank and Peapack-Gladstone Bank – as its newes…

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Press Release
April 24, 2008

SCHOOL BONDS REFUNDED

Trenton, N.J. (April 24, 2008) – Office of Public Finance Director Nancy Feldman has announced that the New Jersey Economic Development Authority priced $462.8 million School Facilities Construction R…

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Press Release
April 23, 2008

NJ FUTURE HONORS EDA-ASSISTED ELEVEN 80 IN NEWARK WITH 2008 SMART GROWTH AWARD

Trenton, N.J. (April 23, 2008) – A diverse group of innovative development and redevelopment projects located in cities, towns and townships across New Jersey will be honored with 2008 Smart Growth Aw…

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Press Release
April 17, 2008

GLOBAL PRINT SYSTEMS, INC. TO GROW WITH EDISON INNOVATION FUND INVESTMENT

Trenton, N.J. (April 17, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $200,000 Edison Innovation Fund investment to assist in the expansion of Evesham-based GlobalPrint Sys…

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Press Release
April 9, 2008

EDISON INNOVATION FUND INVESTMENT TO ASSIST MOUNT LAUREL TECH-COMPANY

Trenton, N.J. (April 9, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $200,000 Edison Innovation Fund investment to assist Mt. Laurel-based Innovation Engineering Inc., a te…

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Press Release
April 9, 2008

EDA-ASSISTED TECH AND LIFE SCIENCES COMPANIES HONORED BY NJTC AS ‘BEST IN SHOW’ WINNERS

The New Jersey Technology Council (NJTC) crowned the “Best in Show” at its 2008 New Jersey Venture Conference, held on March 28 at The Palace at Somerset Park in Somerset. Winners were announced after…

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Press Release
April 2, 2008

SCHOOL BONDS REMARKETED

Trenton, N.J. (April 2, 2008) – The Office of Public Finance has announced that the New Jersey Economic Development Authority today remarketed $617 million School Facilities Construction Bonds, Sub-se…

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Press Release
April 1, 2008

NEW PROVIDENCE TECHNOLOGY COMPANY ELANTI SYSTEMS TO EXPAND OPERATIONS WITH EDISON INNOVATION FUND INVESTMENT

Trenton, N.J. (April 1, 2008) – The New Jersey Economic Development Authority (EDA) has closed a $1-million Edison Innovation Fund investment to assist New Providence-based Elanti Systems, Inc., a lea…

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Press Release
March 10, 2008

EKR THERAPEUTICS RAISES OVER $145 MILLION IN SUPPORT OF GROWTH

Specialty Pharma Company Sees Recent Product Acquisitions Bolstering Its 2008 Revenue Base 10-Fold Cedar Knolls, N.J., (March 10, 2008) – EKR Therapeutics, Inc., a specialty pharmaceutical company foc…

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Press Release
February 25, 2008

BATTELLE VENTURES, AFFILIATE INVEST IN NISTICA, SUPPLIER OF AGILE OPTICAL MODULES; LEAD $9-MILLION SERIES B ROUND TO BOOST BROADBAND TRIPLE PLAY NETWORKS

Nistica also reports $1 million investment from N.J. Economic Development Authority Princeton, N.J. (February 25, 2008) – Battelle Ventures, LP, and its affiliate fund, Innovation Valley Partners (IV…

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Press Release
February 12, 2008

NEW EDA LOW-INTEREST LOAN PRODUCT TARGETS NINE URBAN CENTERS

The New Jersey Economic Development Authority (EDA) has developed a new product – Urban Plus – that provides up to $3 million for projects in nine key urban centers of the state. The product supports …

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Press Release
January 29, 2008

NEW EDA FASTSTART for small business PRODUCT ENHANCES STATE SUPPORT FOR SMALL-BUSINESS GROWTH

Credit-worthy companies operating in the state for at least one year may now be eligible for low-interest, fixed-asset financing up to $300,000 through a new product unveiled by the New Jersey Economi…

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Press Release
January 23, 2008

EDA VISITS SHOPRITE SUPERMARKET IN MILLVILLE

(L-R) Tim Lizura, EDA Senior Vice President of Business Development, Laura Wallick, EDA Regional Director for Business Development in Southern NJ, Patrick Bottino, Jr., Store Director, James Bottino, …

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Press Release
January 22, 2008

COMMERCIALIZATION CENTER FOR INNOVATIVE TECHNOLOGIES RECEIVES INTERNATIONAL HONOR

The National Business Incubation Association (NBIA) has awarded the Soft Landings International Incubator designation to the Commercialization Center for Innovative Technologies (CCIT), part of the Ne…

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Press Release
January 16, 2008

EDISON INNOVATION FUND’S NEWEST VENTURE CAPITAL INVESTMENT TO SUPPORT GROWTH OF LIFE SCIENCES BUSINESSES IN NJ

The New Jersey Economic Development Authority (EDA) has finalized a limited partnership investment in NewSpring Health Capital II, L.P., a diversified healthcare equity fund managed by NewSpring Capit…

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Press Release
January 10, 2008

FRANKLIN TOWNSHIP-BASED TECHNOLOGY COMPANY TO EXPAND WITH EDISON INNOVATION FUND INVESTMENT

The New Jersey Economic Development Authority (EDA) has closed a $750,000 Edison Innovation Fund investment to assist Franklin Township-based Dynamic Mobile Data Systems, Inc. (DMD), a technology comp…

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Press Release
December 20, 2007

EDA HOSTS “OPEN DOOR DAY FOR ENTREPRENEURS” IN SUPPORT OF STATE EFFORTS TO ENCOURAGE SMALL BUSINESS GROWTH

More than 35 new and aspiring business owners will have a better chance of moving forward with their business ideas thanks to the guidance and information they acquired at a recent “Open Door Day for …

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Press Release
December 20, 2007

EDA HOSTS “OPEN DOOR DAY FOR ENTREPRENEURS” IN SUPPORT OF STATE EFFORTS TO ENCOURAGE SMALL BUSINESS GROWTH

More than 35 new and aspiring business owners will have a better chance of moving forward with their business ideas thanks to the guidance and information they acquired at a recent “Open Door Day for …

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Press Release
December 19, 2007

NEWARK MEDICAL TECHNOLOGY COMPANY TO EXPAND WITH EDISON INNOVATION FUND INVESTMENT

The New Jersey Economic Development Authority (EDA) has closed a $250,000 Edison Innovation Fund investment to assist Newark-based NeuroTrax Corporation, a medical technology company that designs, dev…

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Press Release
December 17, 2007

EDA RAISES PREFERRED LENDER FINANCING LIMITS TO SUPPORT STATE EFFORTS TO ENCOURAGE SMALL, MID-SIZE BUSINESS GROWTH IN NJ

The New Jersey Economic Development Authority (EDA) has increased the maximum financing levels available under its Preferred Lender Program to assist growing businesses in the state that want to borro…

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