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ALL NEWs & UPDATES

Press Release
January 23, 2012

UNION COUNTY OFFERS FREE NEW SERIES TO HELP LOCAL BUSINESSES

MyCentralJersey.com January 23, 2012 UNION COUNTY – If you own or manage a business in Union County, or if you are planning to start one, come to the free Union County Means Business networking break…

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Press Release
January 22, 2012

NJ AND CITIBANK OFFER FOREIGN TRADE LOANS

By Hugh Morley/The Record January 22, 2012 *  State authority teams with Citibank to offer low-interest loans to help businesses expand international reach. Small businesses looking for help in going …

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Press Release
January 20, 2012

LABOR DEPT. REVS ITS NEW SEARCH ENGINE, SAYS IT WILL HELP JOBSEEKERS CUSTOMIZE RESUMES

By Stacy Jones/Star-Ledger January 20, 2012 Landing an interview and landing in the recycling bin can depend on how job applicants sells their skills and experience. People who have been unemployed f…

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Press Release
January 12, 2012

RUTGERS ECONOMIST JAMES HUGHES SAYS NJ REGAINING ITS FOOTING

By Michael L. Diamond/Asbury Park Press January 12, 2012 New Jersey’s private sector for a decade failed to keep up with even the nation’s anemic job growth. But on pace in 2011 for its best performa…

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Press Release
January 12, 2012

BANK PROVIDES $50,000 GRANT TO HELP STABILIZE PERTH AMBOY NEIGHBORHOOD

NJToday.net January 12, 2012 PERTH AMBOY – Wells Fargo announced today that it will provide a $50,000 grant to the Jewish Renaissance Foundation (JRF) of Perth Amboy through its Leading the Way Home …

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Press Release
January 10, 2012

NEW JERSEY BANKS EXPECT STABLE EMPLOYMENT IN SECTOR, SLOW GROWTH FOR ECONOMY

By Ed Beeson/Star-Ledger January 10, 2012 The New Jersey banking sector this year looks to be a lot more stable than its investment banking counterpart across the Hudson River. According to a new sur…

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Press Release
January 3, 2012

SURVEY: HALF OF SMALL BUSINESSES PLAN HIRES IN 2012

By Jared Kaltwasser/NJBIZ January 3, 2012 Small-business hiring decreased slightly in 2011, according to a new survey, but small-business owners are cautiously optimistic they’ll be able to reverse t…

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Press Release
December 30, 2011

NEW WEBSITE OFFERS N.J. NONPROFITS ONE-STOP ACCESS TO STATE GOVERNMENT RESOURCES

By Tom Hester Sr./New Jersey Newsroom December 30, 2011 New Jersey’s nonprofit organizations now have one-stop access to state resources with the creation of a new state Department of State website, …

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Press Release
December 13, 2011

EDA STRENGTHENS LENDING PROGRAMS, FORMS NEW PARTNERSHIPS TO SUPPORT SMALL BUSINESS

Action Demonstrates Christie Administration’s Commitment to Growing Small Businesses in the Garden State TRENTON, N.J. (Dec. 13, 2011) – In support of the Christie Administration’s commitment to econ…

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Press Release
December 5, 2011

NONPROFIT CENTER HOPES TO CREATE 800 NEW JOBS

By Bill Bowman/Asbury Park Press December 5, 2011 More than twice the number of jobs originally expected could be created during the next five years by a nonprofit organization formed to replace the …

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Press Release
December 2, 2011

IMPORTANT UPDATE REGARDING TECHNOLOGY ACCELERATOR COMPETITIVE SOLICITATION

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Press Release
December 2, 2011

MANUFACTURER RELOCATING HEADQUARTERS OPERATIONS TO N.J.

By Melinda Caliendo/NJBIZ December 2, 2011 With manufacturing plants in New Jersey, Wisconsin and Arkansas, RathGibson announced it is moving some of its headquarters operations from Lincolnshire, Il…

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Press Release
December 1, 2011

STATE ECONOMIC DEVELOPMENT OFFICIAL ASKS LOCAL BUSINESSES TO ROOT FOR NJ

By Sergio Bichao/Home News Tribune December 1, 2011 The head of the state’s so-called “bank for business” called on Somerset County business leaders to become cheerleaders for New Jersey in an effort…

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Press Release
November 29, 2011

SMALL BUSINESS DEVELOPMENT CENTERS WILL TEAM WITH BUSINESS ACTION CENTER

By Melinda Caliendo/NJBIZ November 29, 2011 The New Jersey Small Business Development Centers announced Tuesday a collaboration with the state’s Business Action Center, in which the NJSBDC will be ab…

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Press Release
November 29, 2011

THREE N.J. NONPROFITS AMONG RECIPIENTS AS TD BANK FOUNDATION AWARDS $2.5M IN GRANTS

By Mary Ann Bourbeau/NJBIZ November 29, 2011 Three New Jersey charitable organizations were among 25 chosen by the TD Charitable Foundation in its sixth annual Housing for Everyone grant competition….

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Press Release
November 28, 2011

REALOGY ANNOUNCES FUTURE HEADQUARTERS LOCATION

Residential Real Estate Leader to Relocate to an Environmentally Efficient Facility in Madison, New Jersey, by Early 2013 MADISON, NJ–(Marketwire – Nov 28, 2011) – Realogy Corporation, a leading prov…

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Press Release
November 28, 2011

MORE NEW JERSEY COMPANIES SAY STATE IS A GOOD PLACE TO DO BUSINESS

By Kevin Post/Atlantic City Press November 26, 2011 Business owners think New Jersey still has a long way to go before it’s a good state in which to do business, but they were much more positive abou…

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Press Release
November 28, 2011

STRONG BLACK FRIDAY SALES HELPED SMALL JERSEY SHORE BUSINESSES

By David P. Willis/Asbury Park Press November 28, 2011 While people poured through the automatic doors of big stores like Target and Best Buy on Black Friday, the start of a holiday shopping weekend,…

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Press Release
November 24, 2011

INVESTORS BANCORP SWEETENS DEAL FOR BROOKLYN BANK

By Richard Newman/The Record November 24, 2011 * Short Hills-based Investors says path cleared for takeover. Investors Bancorp Inc., which has been expanding rapidly in North Jersey, has sweetened its…

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Press Release
November 22, 2011

EDA RENEWS PARTNERSHIP WITH UCEDC TO SUPPORT CHRISTIE ADMINISTRATION EFFORTS TO SPUR SMALL BUSINESS GROWTH

TRENTON, N.J. (Nov. 22, 2011) –Enhancing Governor Chris Christie’s commitment to economic growth and entrepreneurial development, the New Jersey Economic Development Authority (EDA) recently entered i…

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Press Release
November 21, 2011

BUSINESS OWNER SPEAKS HIGHLY OF GUADAGNO AS 100-COMPANY TOUR CLOSES

By Mary Ann Bourbeau/NJBIZ November 21, 2011 A visit to Switlik Parachute, in Trenton, last week was the final stop for Kim Guadagno’s 100 Business Initiative, which has given the lieutenant governor…

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Press Release
November 21, 2011

NORTH JERSEY COMMUNITY BANK RIDES TECH INVESTMENT TO STRONG RETURNS

By Melinda Caliendo/NJBIZ November 21, 2011 North Jersey Community Bank has been keeping up with larger institutions in integrating technologically advanced consumer products into the bank’s offering…

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Press Release
November 19, 2011

ECONOMISTS SAY NEW JERSEY, REGION POSITIONED FOR RECOVERY

By Kevin Post/Atlantic City Press November 19, 2011 TRENTON — Prominent economists say New Jersey is a bit better positioned for the slow recovery facing the nation, and two see additional reasons fo…

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Press Release
November 19, 2011

MICROLOANS GIVE OVERLOOKED SMALL BUSINESSES ROOM TO GROW

By Patrick May/San Jose Mercury News November 19, 2011 SAN JOSE, Calif. — When Caitlin McShane looks down San Francisco’s Mission Street, she doesn’t see taco joints and bodegas bulging with ripe fru…

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Press Release
November 17, 2011

NJ UNEMPLOYMENT FALLS AND JOBS INCREASE AS STATE SHARES IN SLOWLY GROWING U.S. ECONOMY

By Eliot Caroom/Star-Ledger November 17, 2011 New Jersey’s unemployment rate dropped to 9.1 percent last month as private businesses added 4,000 jobs, state officials announced today. It was the thir…

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Press Release
November 14, 2011

STATE APPROVES $60 MILLION TO GROW TECH/BIO TECH INDUSTRY IN NEW JERSEY

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Press Release
November 14, 2011

ECONOMIC DEVELOPMENT AUTHORITY CHIEF URGES LOCAL BUSINESSES TO REMAIN POSITIVE

By Bridget Clerkin/Trenton Times November 14, 2011 What’s the best way local business leaders can help New Jersey? By becoming the state’s biggest cheerleaders, according to Caren Franzini, CEO of th…

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Press Release
November 13, 2011

TIM LIZURA, EDA SENIOR VICE PRESIDENT OF FINANCE & DEVELOPMENT, SPEAKS TO ABC-7 ABOUT EDA’S AVAILABLE FINANCING TO SMALL BUSINESSES AND NOT-FOR-PROFITS

Click here to watch EDA Senior Vice President of Finance & Development Tim Lizura’s interview with ABC-7 about EDA’s available financing to small businesses and not-for-profit organizations….

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Press Release
November 4, 2011

SMALL BANKS MAKE HIGH PERCENT OF SMALL BUSINESS LENDING, STUDY FINDS

By Ed Beeson/Star-Ledger November 4, 2011 It may take a small bank to lend to a small business. A study of Federal Deposit Insurance Corp. data finds that many of New Jersey’s smallest banks devote t…

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Press Release
November 1, 2011

SUSTAINABLE JERSEY ANNOUNCES NEW BOARD OF TRUSTEES

Trenton, NJ (November 1, 2011) – Sustainable Jersey announced today its 2011/2012 Board of Trustees led by Chairperson, Pam Mount, who is a Lawrence Township Councilwoman and the former Chair of the N…

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Press Release
October 30, 2011

MORE WOMEN HOLD TOP BANKING JOBS, BUT NUMBERS ARE STILL LOW

By Richard Newman/The Record October 30, 2011 When Michelle Y. Lee, Wells Fargo’s re­gional president for retail and business banking in New Jersey, New York and Con­necticut, was growing up in Newar…

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Press Release
October 27, 2011

EDA ENHANCES PROGRAM TO EXPAND ACCESS TO CAPITAL FOR NEW JERSEY SMALL BUSINESSES

TRENTON, N.J. (Oct. 27, 2011) – As part of the Christie Administration’s ongoing effort to support small business growth and community investment, the New Jersey Economic Development Authority (EDA) h…

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Press Release
October 27, 2011

N.J. BUSINESS OWNERS ANTICIPATE IMPROVING SALES, MORE HIRES

By Phil Gregory/WHYY Newsworks October 27, 2011 Business owners in New Jersey say they are more optimistic about the future. Seventy percent of the business executives surveyed by the New Jersey Cham…

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Press Release
October 25, 2011

AT CHAMBER BREAKFAST, BUSINESS OWNERS TAKE UPBEAT TONE

By Melinda Caliendo/NJBIZ October 25, 2011 The mood was decidedly optimistic at the New Jersey State Chamber of Commerce Economic Outlook Breakfast this morning. “People in the state of New Jersey ar…

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Press Release
October 25, 2011

NEW BRUNSWICK-BASED INTERSECT FUND HELPS LOW-INCOME ENTREPRENEURS

By Bob Makin/myCentralJersey.com October 25, 2011 CENTRAL JERSEY — New Brunswick increasingly is a tale of two cities: development and opportunity for some, employment challenges and other economic h…

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Press Release
October 21, 2011

FREE FINANCIAL SEMINAR FOR BUSINESSES SET

Clifton Journal October 21, 2011 Passaic County Board of Chosen Freeholders announced that Passaic County Department of Economic Development and William Paterson University Small Business Development…

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Press Release
October 20, 2011

ANOTHER NEW JERSEY BANK PAYS OFF TARP

By Richard Newman/The Record October 20, 2011 Pascack Bancorp Inc., the holding company for Pascack Community Bank, said Wednesday that it has repaid the $3.9 million it received in 2009 from the fed…

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Press Release
October 19, 2011

NORTH JERSEY COMMUNITY BANK EXPANDS TO MONMOUTH COUNTY

By Richard Newman/The Record October 19, 2011 Fast-growing North Jersey Community Bank in Englewood Cliffs is expanding its reach beyond North Jersey. CEO Frank Sorrentino hosted a ribbon cutting cer…

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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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