Capital City Redevelopment Corporation Takes Steps to Initiate Public Adoption Process for Renaissance Plan Update
TRENTON, N.J. (June 14, 2021) - The Capital City Redevelopment Corporation (CCRC) Board today announced that it has approved initiating the public adoption process for the draft update to its Renaissance Plan. The Renaissance Plan was..
Newly Acquired Visikol Credits Robust NJ Innovation Ecosystem with Fueling its Success
TRENTON, N.J. (June 10, 2021) – Hunterdon County-based Visikol made national headlines late last month when it was acquired by CELLINK for up to $19.5 million. The news came just weeks after the Rutgers University spinout...
NJEDA Board of Directors Approves Amendments to the Offshore Wind Economic Development Tax Credit Program Rules
TRENTON, N.J. (June 9, 2021) – The New Jersey Economic Development Authority (NJEDA) Board today approved a series of amendments to the Offshore Wind Economic Development Tax Credit Program rules to reflect changes to the program enabled by the New Jersey Economic Recovery Act...
La Junta de la NJEDA actualizó la Fase 2 del Programa de préstamos de emergencia para pequeñas empresas
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NJEDA Establishes Dedicated Small Business Unit
NJEDA Establishes Dedicated Small Business Unit Announcement Follows Recent Efforts to Expand Access to Capital for Small Business Community TRENTON (November 16, 2018) –To help advance a key compone…
Read More >NJEDA Approves 61 Angel Investor Tax Credit Investments During Record-Breaking Quarter
Program Sees Injection of Nearly $21 Million into New Jersey Innovation Ecosystem TRENTON, N.J. (November 15, 2018) – The New Jersey Economic Development Authority (NJEDA) has announced the approval …
Read More >NJEDA Takes Steps to Increase Access to Capital for Small Businesses
TRENTON, N.J. (November 9, 2018) – The New Jersey Economic Development Authority (NJEDA) today unveiled several enhancements to its lending programs to help increase access to growth capital for small…
Read More >NJEDA Begins Working with Innovation Challenge Winners to Advance Community-Focused Projects
TRENTON, N.J. (November 5, 2018) – The New Jersey Economic Development Authority (NJEDA) today kicked off a series of meetings to begin working with the nine municipalities and counties that were awar…
Read More >Governor Phil Murphy Announces New Program to Improve Access to Capital for Small Businesses
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Read More >EDA Announces First Loan Approval Under New Premier Lender Partnership with ConnectOne Bank
Financing will Fuel Relocation of Wholesaler OEM Source from Brooklyn to Union County TRENTON, N.J. (September 21, 2018) – A recently-approved ConnectOne Bank loan with a New Jersey Economic Developm…
Read More >EDA Program Helps Two Women-Owned Passaic City Eateries Transform Vacant Properties into Thriving Businesses
TRENTON, N.J. (August 29, 2018) – A newly-opened restaurant on Lexington Avenue and a bakery on Market Street are the latest Passaic City businesses to make improvements to their facilities with suppo…
Read More >Governor Phil Murphy Signs Legislation Re-Establishing Commission on Science, Innovation and Technology
“Research with NJ” Database Showcasing New Jersey’s Scientific and Technological Expertise Also Launched NORTH BRUNSWICK – Continuing his commitment to strengthen the Garden State’s innovation econo…
Read More >EDA Creates New Office of International Trade and Investment to Drive Economic Growth
TRENTON, NJ (August 1, 2018) – In support of Governor Phil Murphy’s stronger and fairer economic agenda, the New Jersey Economic Development Authority (EDA) today announced it has created a new Offic…
Read More >Governor Murphy Announces Tools to Spur Innovation and Growth of High-Tech Firms
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Read More >Momentum Builds on Camden’s Market Street with Support of EDA Small Business Grants
TRENTON, N.J. (July 16, 2018) – Several new small businesses will soon be adding to the resurgence of Market Street in Camden, once two property owners make improvements to five recently acquired prop…
Read More >New Jersey Economic Development Authority and More Than 60 Partners Join Forces for Voice Summit July 24-26 at NJIT in Newark
The year’s largest voice-technology event sponsored by Amazon Alexa provides rare opportunity for developers and companies from across the state to get ahead of a fast-moving industry shift Illustrat…
Read More >EDA Small Business Grant Program Helps Five Passaic County Businesses Make Improvements
TRENTON, N.J. (June 26, 2018) – Five Passaic County urban businesses are making improvements to their facilities with funding provided through the New Jersey Economic Development Authority’s (EDA’s) B…
Read More >New Jersey Biotechnology Task Force Issues Recommendations to Boost State’s Biotechnology Sector
TRENTON, N.J. (June 13, 2018) –The New Jersey Biotechnology Task Force today issued its final report of activities, findings, conclusions, and recommendations for legislation or administrative action …
Read More >New Jersey Launches Research Portal to Drive Industry/Academic Collaboration
“Research with NJ” Showcased at BIO International New Jersey Pavilion Boston, MA – New Jersey unveiled a comprehensive database of scientific research from five prominent New Jersey universities this…
Read More >EDA Board Action Advances Murphy Administration’s Vision for State’s Innovation Economy
TRENTON, N.J. (May 11, 2018) – The Board of the New Jersey Economic Development Authority (EDA) today approved two actions to help nurture the growth of the State’s innovation economy. Echoing the pri…
Read More >EDA to Partner with African American Chamber of Commerce of New Jersey to Increase Bonding Capacity for Small, Minority- And Women-Owned Businesses
and women-owned businesses to compete for state or federal government contracts. The AACCNJ was selected following a competitive Request for Proposal (RFP) process, which was the result of P.L. 2016,…
Read More >Pasta Dal Cuore Owner Uses UCEDC Resources to Take Her Jersey City Restaurant and Pasta Factory to the Next Level
From left: Erich Peter, UCEDC Director of Training & Technical Assistance; Elena Cartagena, Pasta Dal Cuore; Tim Lizura, EDA President & Chief Operating Officer TRENTON, N.J. (April 11, 2018) – Entre…
Read More >New Jersey Biotechnology Task Force Hears Testimony from Renowned Innovation Expert
TRENTON, N.J. (April 4, 2018) – The New Jersey Biotechnology Task Force convened yesterday to hear testimony from internationally recognized innovation expert Dr. Susan Windham-Bannister, President an…
Read More >Ammon Labs Expands in Union County with Support from EDA and Provident Bank
Hires 50 New Employees, Plans to Add Services From left to right: Alejandro Amador, Chief Operating Officer, Ammon Labs: Tejinder Gill, Vice President – Business Banking, Provident Bank; Tim Sulliva…
Read More >ConnectOne Bank Joins Growing List of EDA Premier Lenders
TRENTON, N.J. (February 14, 2018) – As part of ongoing efforts to support small business growth in the State, the New Jersey Economic Development Authority (EDA) Board yesterday approved New Jersey ba…
Read More >Laurence M. Downes Named Chairman of EDA Board
TRENTON, NJ (February 14, 2018) – Governor Philip D. Murphy today announced the designation of Laurence M. Downes as Chairman of the Board of the New Jersey Economic Development Authority (EDA). Mr….
Read More >Tim Sullivan Named Chief Executive Officer of EDA
TRENTON, NJ (February 13, 2018) – The Board of the New Jersey Economic Development Authority (EDA) today voted to approve Tim Sullivan as the Authority’s next Chief Executive Officer. “As a highly r…
Read More >EDA Support Helps Build Soho Studio’s New Jersey Presence
Fast Growing High-End Tile Provider Relocates to Burlington County Representative from the New Jersey Economic Development Authority and TD Bank visited Soho Studio in Delanco today to raise awarenes…
Read More >State’s Leading Incubator Offers Rutgers Biomedical Students Insight into Non-Academic Careers
TRENTON, N.J. (February 8, 2018) – Active participants in the State’s biotechnology industry welcomed a group of more than 25 PhD and Post-Doctoral students from Rutgers, The State University of New J…
Read More >New Jersey Biotechnology Task Force Hears Testimony from Academia and Industry
NORTH BRUNSWICK, N.J. (January 29, 2018) – The New Jersey Biotechnology Task Force convened last week to hear testimony from representatives in both academia and industry to help define the challenges…
Read More >EDA Headquarters on West State Street Hosts Touring State Teen Arts Visual Exhibit
Public Invited to View Student Art Work Through January 26 A selection of art from the New Jersey State Teen Arts Touring Visual Arts Exhibit currently on display at the EDA. TRENTON, NJ (January 12…
Read More >Atlantic City Firm Receives Small Business Grant for Improvements
Project Advances Under Program Designed to Help Businesses Capitalize on Local Economic Momentum TRENTON, NJ (January 10, 2018) The New Jersey Economic Development Authority (EDA) today announced the…
Read More >Powerful Incentives Now Available through Grow NJ to Encourage Industry/Academia Research Collaboration
Trenton, NJ (December 20, 2017) – The New Jersey Economic Development Authority (EDA) announced today that, pursuant to P.L.2017, c.221, Grow NJ applications are now available that allow for increased…
Read More >EDA Staff Dedicates Time to Revitalizing Local Community Through Habitat for Humanity of Burlington County and Greater Trenton-Princeton
New Jersey Economic Development Authority (EDA) staff volunteered with Habitat for Humanity of Burlington County and Greater Trenton-Princeton as part of the Christie Administration’s seventh annual “…
Read More >Family-Owned CleanTex Expands in Irvington and Trenton
Industrial Linen and Laundry Service Provider to Create Hundreds of New Jobs TRENTON, N.J. (December 12, 2017) – CleanTex, a family-owned supplier of industrial linen services, was encouraged to expa…
Read More >Family-Owned Manufacturer Considers Expansion in Vineland with EDA Support
Company’s New Northeast Presence Would Result in More Than 220 New Jobs TRENTON, N.J. (December 12, 2017) – Family-owned Pero Family Farms Food Company has been providing major food retailers in the …
Read More >New Jersey Biotechnology Task Force Holds Inaugural Meeting
NORTH BRUNSWICK, N.J. (December 11, 2017) – The New Jersey Economic Development Authority (EDA) last week hosted the inaugural meeting of the New Jersey Biotechnology Task Force at its Commercializati…
Read More >New Jersey Partners with Elsevier, Academic and Industry Leaders to Increase Innovation Exchange
New Jersey Research Asset Database Set to Launch Early Next Year North Brunswick, N.J. – The State today hosted the inaugural meeting of the New Jersey Research Asset Database (RAD) Board of Advisors…
Read More >Monmouth County-Based LugTrack Wins Coveted $50,000 Award to Support Growth in New Jersey
Funding Provided to Promising Technology Startup EDA Vice President, Technology and Life Sciences Kathleen Coviello with LugTrack Chief Financial Officer Denise Brouder TRENTON (December 6, 2017) – …
Read More >EDA Joins Federal Reserve Bank on Tour of Port Newark Container Terminal
TRENTON, N.J. (December 1, 2017) – The New Jersey Economic Development Authority (EDA) joined Federal Reserve Bank of New York President William Dudley on Wednesday to tour Port Newark Container Termi…
Read More >Snack Innovations Establishes New Home in Middlesex County
Manufacturer and Distributor of Better-for-You Snacks Creates Jobs at New Piscataway Headquarters TRENTON, N.J. (November 30, 2017) – Family-owned Snack Innovations, a manufacturer, distributor, and…
Read More >National Association Recognizes EDA as Distinguished State Development Finance Agency
TRENTON, N.J. (November 17, 2017) – The New Jersey Economic Development Authority (EDA) was honored last night with the Distinguished State Development Finance Agency Award at the Council of Developme…
Read More >New Jersey Founders and Funders All Stars Event to Feature Panel of Successful NJ Entrepreneurs
Event Features Competition, Networking for Technology and Life Sciences Entrepreneurs TRENTON (November 16, 2017) – An upcoming event designed to connect New Jersey entrepreneurs directly with inves…
Read More >Over $46 Million to be Shared by 39 Emerging Companies through New Jersey Technology Business Tax Certificate Transfer Program
TRENTON (November 6, 2017) – Continuing efforts to foster the growth of the State’s burgeoning technology industry, the New Jersey Economic Development Authority (EDA) announced today that 39 companie…
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