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ALL NEWs & UPDATES

Press Release
August 14, 2023

NJEDA Releases C-PACE Program Supplemental Documents for Public Feedback

The New Jersey Economic Development Authority (NJEDA) has released draft supplemental uniform assessment documents for the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program for public review and feedback.

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Press Release
August 9, 2023

NJEDA Announces Over $400K in Asset Activation Planning Grants; Launches Phase II of Redevelopment Grant Program

TRENTON, N.J. (August 9, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced nine awardees of the New Jersey Asset Activation Planning Grant Program who will receive a combined $407,800 in grants.

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Press Release
August 1, 2023

Sustain & Serve NJ Distributes More Than 5 Million Meals

The New Jersey Economic Development Authority (NJEDA) announced today that it has reached the remarkable milestone of supporting the purchase and distribution of more than five million meals through its Sustain & Serve NJ program.

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Press Release
July 28, 2023

NJEDA Board Approves Ørsted Sublease at New Jersey Wind Port

TRENTON, N.J. (July 28, 2023) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved the Authority entering into development and sublease agreements with Ørsted Wind Power North America, LLC (Ørsted).

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Press Release
July 27, 2023

NJEDA Approves Four Additional Qualified Venture Capital Firms for the New Jersey Innovation Evergreen Fund

TRENTON, N.J. (July 27, 2023) – The New Jersey Economic Development Authority (NJEDA) Board yesterday approved adding four venture capital firms to the growing list of Qualified Venture Firms (QVFs) that can access funding from the New Jersey Innovation Evergreen Fund (NJIEF).

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Press Release
July 26, 2023

NJEDA Board Approves Another Round of Aspire Tax Credits Aimed at Affordable Senior Residential Projects in North Jersey

TRENTON, N.J. (July 26, 2023) – Two residential development projects in underserved North Jersey communities were approved for tax credits under the Aspire Program today by the New Jersey Economic Development Authority (NJEDA) Board.

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Press Release
July 19, 2023

NOTICE OF NJEDA BOARD MEETING – 07/26/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, July 26, 2023, at 10:00 am.

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Press Release
July 12, 2023

NJEDA Seeks Technical Assistance Providers & Financial Institutions to Assist NJ ZIP Applicants

The New Jersey Economic Development Authority (NJEDA) is creating a publicly available database of providers that may be able to offer a variety of technical assistance and financial support to help applicants and participants purchasing commercial electric vehicles through the New Jersey Zero-Emission Incentive Program (NJ ZIP).

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Press Release
July 11, 2023

CSIT Awards $3.6M+ Through Pilot Clean Tech Demonstration Grant Program

The Commission on Science, Innovation and Technology (CSIT) has awarded over $3.6 million to 14 New Jersey startups through its Pilot Clean Tech Demonstration Program. The competitive program supports clean technology businesses that have…

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Press Release
July 7, 2023

NOTICE OF CSIT BOARD MEETING – 7/14/2023

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, July 14, 2023, at 10:00 am.

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Press Release
June 26, 2023

Applications Open for NJEDA’s Brownfields Redevelopment Incentive Program

TRENTON, N.J. (June 26, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Brownfields Redevelopment Incentive Program (BRIP).

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Press Release
June 23, 2023

NJEDA to Issue Request for Expressions of Interest for Wind Innovation Center

TRENTON, N.J. (June 23, 2023) – Today, June 23, 2023, the New Jersey Economic Development Authority (NJEDA) will issue a Request For Expressions of Interest (RFEI) to identify specific partners, sites, and financial commitments that can contribute to the development of a Wind Innovation Center in New Jersey.

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Press Release
June 21, 2023

Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

TRENTON, N.J. (June 21, 2023) – In May, the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge).

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Press Release
June 21, 2023

New Trenton Residential Development Project Approved by NJEDA Board for Aspire Tax Credits

TRENTON, N.J. (June 21, 2023) – A new multifamily development project representing over $73 million in investment in an underserved downtown Trenton neighborhood was approved for support last week by the Board of the New Jersey Economic Development Authority (NJEDA).

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Press Release
June 13, 2023

NJEDA Seeks Information to Support Commercial Building Decarbonization Projects

TRENTON, N.J. (June 13, 2023) – The New Jersey Economic Development Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking insight from qualified stakeholders on opportunities to accelerate building decarbonization.

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Press Release
June 13, 2023

NOTICE OF CCRC BOARD MEETING

lease be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, June 20, 2023, at 11:00 am.

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Press Release
June 8, 2023

Application Open for NJEDA’s Activation, Revitalization, and Transformation Program for Arts and Real Estate Development Projects in Atlantic City and Newark

TRENTON, N.J. (June 8, 2023) The New Jersey Economic Development Authority (NJEDA) has opened the application for the Activation, Revitalization, and Transformation (ART) Program, which is a one-time grant opportunity for projects in urban areas with mass transit that have faced economic disruption due to the reduction of commuter foot traffic following the COVID-19 pandemic.

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Press Release
June 7, 2023

NOTICE OF NJEDA BOARD MEETING – 06/14/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, June 14, 2023, at 10:00 am.

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Press Release
May 31, 2023

CSIT to Open Applications June 5 for Two R&D Seed Grant Programs

TRENTON, N.J. (May 31, 2023) – The New Jersey Commission on Science, Innovation and Technology (CSIT) will open applications on June 5 for two seed grant programs.

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Press Release
May 22, 2023

ICYMI: NJEDA Board Makes Wide-Ranging Set of Approvals to Continue Growing NJ’s Economy

TRENTON, N.J. (May 22, 2023) – The New Jersey Economic Development Authority Board made several key program and policy approvals during its May meeting.

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Press Release
May 18, 2023

NJEDA Seeks Public Input on How Employers Can Support Child Care

 The New Jersey Economic Development Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking input for innovative ways that employers can help solve New Jersey’s child care challenges. Input may be used to inform the development of a pilot program that…

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Press Release
May 12, 2023

Residential Development Projects in Camden, Morristown, and Newark Approved for Aspire Tax Credits

TRENTON, N.J. (May 12, 2023) – Three residential development projects representing a combined $338 million in investment in underserved New Jersey communities were approved for support on Wednesday by the Board of the New Jersey Economic Development Authority (NJEDA).

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Press Release
May 12, 2023

NJEDA Approves Investment Firms to Manage Funds to Support Small & Early-Stage Businesses

TRENTON, N.J. (May 12, 2023) – The New Jersey Economic Development Authority (NJEDA) named several firms to manage and deploy capital for three unique investment strategies funded through the federal State Small Business Credit Initiative (SSBCI).

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Press Release
May 12, 2023

NJEDA Board Approves Additional $50 Million for Child Care Facilities Improvement Program to Help Meet Overwhelming Demand

TRENTON, N.J. (May 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved allocating an additional $50 million for grants for Phase 1 of its Child Care Facilities Improvement Program.

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Press Release
May 11, 2023

NJEDA Board Approves Guidelines Establishing the Stranded Assets Repositioning Investment

TRENTON, N.J. (May 11, 2023) – The New Jersey Economic Development Authority (NJEDA) Board yesterday approved a policy for investment in the redevelopment of stranded assets such as vacant or partially vacant office parks, retail malls, healthcare facilities, and similar buildings into new commercial, industrial, or mixed-use development projects.

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Press Release
May 10, 2023

NJEDA Board Approves Inaugural Group of Qualified Venture Firms for the New Jersey Innovation Evergreen Fund

TRENTON, N.J. (May 10, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first three venture capital firms that will be onboarded to the New Jersey Innovation Evergreen Fund (NJIEF) platform.

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Press Release
May 10, 2023

NJEDA Selects Investment Managers for First-in-Nation Black and Latino Seed Fund

TRENTON, N.J. (May 10, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved three firms to manage the $20 million Black and Latino Seed Fund, the only investment fund across the country aimed to increase capital access for early-stage innovative companies founded by diverse entrepreneurs throughout the State.

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Press Release
May 9, 2023

NJEDA Awards Over $1 Million Through Food Security Planning Grant Program

Trenton, N.J. (May 9, 2023) – The New Jersey Economic Development Authority (NJEDA) has awarded nine grants totaling over $1 million to seven county and municipal governments to support the development of plans to improve food access and food security by leveraging and repurposing distressed assets in New Jersey’s Food Desert Communities (FDCs).

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Press Release
May 9, 2023

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, May 16, 2023, at 11:00 am.

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Press Release
May 5, 2023

NOTICE OF CSIT ANNUAL BOARD MEETING – 5/12/2023

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, May 12, 2023, at 10:00 am.

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Press Release
May 4, 2023

NJEDA Highlights Over $8 Million in Support Approved for Manufacturers to Date Under the New Jersey Manufacturing Voucher Program

TRENTON, N.J. (May 4, 2023) – As of today, the New Jersey Economic Development Authority (NJEDA) has already approved over $8 million in vouchers to 69 New Jersey manufacturers under the New Jersey Manufacturing Voucher Program (MVP).

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Press Release
May 3, 2023

NOTICE OF NJEDA BOARD MEETING – 05/10/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, May 10, 2023, at 10:00 am.

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Press Release
May 3, 2023

NJEDA Opens 2023 Net Operating Loss Program Application

The New Jersey Economic Development Authority (NJEDA) opened applications this week for its 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL Program). The program enables early-stage technology and life sciences businesses to sell a percentage of their New Jersey net operating losses…

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Press Release
May 2, 2023

NJEDA Seeks Public Input to Shape Potential Development of a Clean Hydrogen Demonstration Program

The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight from stakeholders as New Jersey explores uses for clean hydrogen to accelerate the state’s transition to a green economy.

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Press Release
May 1, 2023

In Celebration of National Small Business Week, NJEDA Highlights $85M in Small Business Support Provided by Comprehensive Package of Products

In recognition of National Small Business Week (April 30 – May 6,) the New Jersey Economic Development Authority (NJEDA) today announced it has issued $85 million in grants and loans to over 2,300 small businesses since the launch of the Main Street Recovery Program in October 2021.

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Press Release
April 21, 2023

NJEDA To Fund Sub-Arc Welding Training in Camden County

TRENTON, N.J. (April 21, 2023) – The New Jersey Economic Development Authority (NJEDA) has announced two agreements to establish sub-arc welding programs at Camden County College (CCC) and Camden County Technical Schools (CCTS). Over $300,000 in funding will be distributed to…

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Press Release
April 21, 2023

NJEDA to Issue Expressions of Interest Form for Indoor Amusement Park Grant Program

TRENTON, N.J. (April 21, 2023) – On Friday, April 28, 2023, the New Jersey Economic Development Authority (NJEDA) will issue an expressions of interest form for the New Jersey Indoor Amusement Park Grant Program for potential program applicants.

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Press Release
April 13, 2023

NJEDA to Host Information Webinar on Food Retail Innovation in Delivery Grant Program Ahead of Application Launch

TRENTON, N.J. (April 13, 2023) – The New Jersey Economic Development Authority (NJEDA) will host a webinar to discuss the application process for the Food Retail Innovation in Delivery Grant (FRIDG) program on Friday, April 21 at 2:00 PM.

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Press Release
April 12, 2023

NJEDA Board Approves Food Desert Relief Tax Credit Program Rules, Authorizes Tax Credit Sale

TRENTON, N.J. (April 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved proposed rules for the $240 million Food Desert Relief Tax Credit Program, which will help address food access challenges by attracting and retaining new supermarkets in the 50 Food Desert Communities (FDCs) designated by the NJEDA last year.

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