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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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Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

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Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

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Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

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Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

Read More >
Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

Read More >
Press Release
November 29, 2007

STATE HIGHLIGHTS DAIICHI SANKYO DURING LIFE SCIENCES WEEK

Governor Corzine’s Economic Growth Strategy has placed high priority on encouraging innovation and maintaining the state’s position as a leader in technology and life sciences.  To support this import…

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Press Release
November 28, 2007

EDISON INNOVATION FUND HELPS TRIS PHARMA EXPAND

New Jersey Provides Support to Emerging Leader in Life Sciences R&D to Ensure Continued Growth Trenton, N.J. (November 28, 2007) – The New Jersey Economic Development Authority (EDA) announced today t…

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Press Release
November 28, 2007

EDISON INNOVATION FUND HELPS TRIS PHARMA EXPAND

New Jersey Provides Support to Emerging Leader in Life Sciences R&D to Ensure Continued Growth Trenton, N.J. (November 28, 2007) – The New Jersey Economic Development Authority (EDA) announced today t…

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Press Release
November 8, 2007

STATE APPROVES 92 COMPANIES TO SHARE $60 MILLION AVAILABLE THROUGH INNOVATIVE AND ENHANCED TAX TRANSFER PROGRAM

Ninety-two technology and biotechnology companies have been approved to share the $60 million allocation available in 2007 through the State of New Jersey’s innovative and enhanced Technology Business…

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Press Release
November 1, 2007

EDISON INNOVATION FUND INVESTMENT ASSISTS WARREN TOWNSHIP-BASED TECH COMPANY

The New Jersey Economic Development Authority (EDA) has closed a $1-million investment through the Edison Innovation Fund to assist in the growth of Chromis Fiberoptics, Inc., a pioneer in the technol…

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Press Release
October 23, 2007

GOVERNOR CORZINE JOINS OFFICIALS FOR STEM CELL INSTITUTE OF NEW JERSEY GROUNDBREAKING CEREMONY

Christopher Reeve Pavilion Unveiled New Brunswick, N.J. (October 23, 2007 ) – Governor Jon S. Corzine today joined state and local dignitaries for the groundbreaking ceremony of the Stem Cell Institut…

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Press Release
October 16, 2007

THE BANK BECOMES EDA PREFERRED LENDER; PROGRAM IS DESIGNED TO SPEED FLOW OF CAPITAL TO GROWING STATE BUSINESSES

The Bank has become the latest financial institution to become a New Jersey Economic Development Authority (EDA) Preferred Lender. The program is designed to streamline the EDA’s loan-approval process…

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Press Release
September 10, 2007

EDA-ACCION PARTNERSHIP PROVIDES $500,000 TO SMALL, WOMEN- AND MINORITY-OWNED BUSINESSES

Seven months after receiving a $500,000 loan from the New Jersey Economic Development Authority (EDA) through the New Jersey Urban Fund, ACCION New Jersey has already disbursed the full amount to smal…

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Press Release
September 4, 2007

EDA JOINS ARCHIVE SYSTEMS ON TOUR OF FAIRFIELD HEADQUARTERS

The New Jersey Economic Development Authority (EDA) joined representatives of Archive Systems, Inc. on a tour today of its headquarters in Fairfield Borough. Earlier this year, EDA converted $250,000 …

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Press Release
August 31, 2007

NEW FUND TO INVEST AND HELP GROW STATE ECONOMY ANNOUNCED

New Jersey Division of Investment (DOI) Director William G. Clark today announced that the Division has helped launch a new fund designed to strengthen the return on state pension funds through invest…

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Press Release
August 27, 2007

EDA JOINS AMICUS THERAPEUTICS ON TOUR OF HEADQUARTERS IN CRANBURY TOWNSHIP

The New Jersey Economic Development Authority (EDA) today joined Amicus Therapeutics, Inc. on a tour of its headquarters and laboratories in Cranbury Township.  The EDA has helped nurture Amicus, a bi…

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Press Release
August 27, 2007

ENTREPRENEURIAL TRAINING FALL 2007 SESSION – NORTH JERSEY

Free Workshops, Classes Scheduled in North Jersey TRENTON, N.J. (August 27, 2007 ) – Free informational workshops to familiarize aspiring and existing small-business owners with the popular Entreprene…

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Press Release
August 15, 2007

ENTREPRENEURIAL TRAINING FALL 2007 SESSION — CENTRAL JERSEY

Free Workshops, Classes Scheduled in Central Jersey TRENTON, N.J. (August 15, 2007) – Free informational workshops to familiarize aspiring and existing small-business owners with the popular Entrepren…

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Press Release
August 14, 2007

EDA WELCOMES COOPER HEALTH SYSTEM AS NEWEST TENANT OF THE WATERFRONT TECHNOLOGY CENTER AT CAMDEN

Cooper Health System has signed a lease for almost 3,000 square feet at the Waterfront Technology Center at Camden to operate a Center for Special Diagnostics, a pathology laboratory that will service…

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Press Release
July 11, 2007

THE WHITMAN COMPANIES EXPANDS ITS SERVICES AND CREATES NEW JOBS IN NEW JERSEY

The Whitman Companies, Inc., one of New Jersey’s leaders in environmental and Brownfield redevelopment, is continuing to expand its services and create new jobs in the state. Since 2003, when Barry Sk…

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Press Release
June 26, 2007

EDA WELCOMES REDPOINT BIO TO ITS NEW LOCATION IN EWING

The New Jersey Economic Development Authority (EDA) today joined with Redpoint Bio Corporation at a ribbon-cutting ceremony to celebrate the company’s recent move to its new facility in Ewing.  The ED…

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Press Release
June 26, 2007

DOWNTOWN NEWARK STREETSCAPE PROJECT BREAKS GROUND

Mayor Cory Booker (L) and EDA Finance Officer Mathew Abraham (R) at the Newark Downtown District Streetscape Improvement Groundbreaking Ceremony. NEWARK, N.J. (June 26, 2007) – The New Jersey Economi…

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Press Release
June 25, 2007

TECH COMPANY TO RELOCATE TO CAMDEN WITH EDISON INNOVATION FUND INVESTMENT

The New Jersey Economic Development Authority (EDA) has closed a $1-million investment through the Edison Innovation Fund to assist in the growth of myLEADERBOARD, Inc., a service provider of real-tim…

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Press Release
June 21, 2007

NJ BIOTECHNOLOGY INDUSTRY STUDY SEES STRONG JOB GROWTH

From 2003 to 2006 Number of Employees Increased 28 Percent to more than 10,000 TRENTON, N.J. (June 21, 2007 ) – A growing base of well-paid jobs, rising spending on goods and services and swelling tax…

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