Webinar will Showcase Recipients from NJ ZIP’s First Phase to Share Insights and Experiences

TRENTON, N.J. (January 25, 2023) – The New Jersey Economic Development Authority (NJEDA) will host a webinar to provide small business owners in New Jersey with details of the expanded New Jersey Zero-Emission Incentive Program (NJ ZIP) on Thursday, February 2. Several small business owners who are Phase 1 recipients of the program will share their testimonials and experiences.

In line with Governor Phil Murphy’s vision to use 100 percent clean energy statewide by 2050, NJ ZIP aims to accelerate the adoption and use of zero-emission vehicles across the state, reduce overall pollutants, and help institutions and businesses go green. More than $39 million in vouchers has been approved through Phase 1 of the program. Those who benefited from the vouchers will discuss the impact on their organizations and take questions from prospective applicants. Learn more about NJZIP here

The NJEDA announced the $45 million expansion of the program in July 2022, which includes two important additions – statewide eligibility and purchase of heavy-duty in addition to medium-duty vehicles. The program first launched in 2021 as a pilot program available only to businesses in the greater Newark and Camden areas, and subsequently expanded to the greater New Brunswick and greater Jersey Shore areas. Phase 1 of the program only supported medium-duty vehicles.

Purchasers will be able to apply for vouchers ranging from $20,000 to $175,000, based on vehicle class, to support their purchases of medium- and heavy-duty vehicles that meet zero-emission standards. Additional bonuses are available. The application for Phase 2 of NJ ZIP is expected to launch in the coming weeks.

Complete program eligibility and details can be found at http://www.njeda.com/njzip.

The webinar is scheduled 12:00 p.m. to 1:00 p.m. on February 2. Those interested can find out more about the program and register for the webinar at https://www.njeda.com/event/nj-zip-purchaser-application-overview/. A recorded version of the information session will be posted at http://www.njeda.com/njzip following the event.  

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitterInstagram, and LinkedIn.

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Would-Be Entrepreneurs Can Learn How to Apply for
Up to $400,000 in Income Replacement Funding & Mentorship

TRENTON, N.J. (January 13, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced it will host a webinar next week for would-be entrepreneurs to learn how they can apply for grants of up to $400,000 to pursue their endeavors through the upcoming $10 million New Jersey Innovation Fellows (NJIF) program. The January 19th virtual information session will offer an overview of the program and will provide insight on how the competitive program will support teams of at least three entrepreneurs with mentorship, training, and income replacement capital over a two-year period. Entrepreneurs interested in attending the webinar can register at https://www.njeda.com/event/njeda-innovation-fellowship-program/.

Applications are expected to launch in the first quarter of 2023 for the NJIF, which is designed to replace a stream of income an entrepreneur might forgo to launch an early-stage business. The NJEDA anticipates that support from the NJIF Program will attract innovative ideas and entrepreneurs who would otherwise be unable to pursue the launch of a new venture due to the need for income or, in the case of a recent graduate, who would choose to accept employment in lieu of entrepreneurship due to socio-economic constraints. The program will be open to would-be entrepreneurs in the following industries: advanced transportation and logistics, advanced manufacturing, aviation, autonomous vehicle and zero-emissions research or development, clean energy, clean technology, life sciences, hemp processing, information and high technology, finance and insurance, professional services, film and digital media, and non-retail food and beverage business (including food innovation).

The NJIF Program will award 10 to 16 grants across two cohorts annually of $200,000 per team. In keeping with Governor Murphy’s vision for inclusive economic growth, teams may access an additional $50,000 award on top of the $200,000 base award if one entrepreneur verifies residency in a designated Opportunity Zone in New Jersey. Teams may be awarded an additional $50,000 for each entrepreneur leader who self-certifies as a minority or female entrepreneur or is a graduate of a New Jersey college or university. Qualifying teams may receive additional bonuses of up to $150,000 in aggregate for certifying team members, resulting in a total $400,000 award. To be eligible for the NJIF Program, at least half of the team must certify as “first-time entrepreneurs” and at least half of the entrepreneur team must come directly from the workforce. In addition to the financial benefits of the program, all entrepreneur fellows must participate in a mentorship program.

The NJEDA expects to open the NJIF Program application semi-annually in 2023 and 2024, until funds are exhausted.

About the New Jersey Economic Development Authority

The New Jersey Economic Development Authority (NJEDA) serves as the state’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the state and strengthen New Jersey’s long-term economic competitiveness.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.com and follow @NewJerseyEDA on Facebook, Twitter, Instagram and LinkedIn.

 
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Program Will Provide Grants of up to $250,000 to Startups to Offset Costs Associated
with Prototype Testing

TRENTON, N.J. (December 19, 2022) – The New Jersey Commission on Science, Innovation and Technology (CSIT) is currently accepting applications for its Pilot Clean Tech Demonstration Program. This $2.5 million competitive program will support New Jersey companies accelerating the commercialization and deployment of innovative clean energy technologies. Specifically, the program will provide grants of up to $250,000 each to help startups develop technologies intended to create a cleaner and greener future for New Jersey. The application can be found at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

The Pilot Clean Tech Demonstration Program supports clean technology businesses that have existing prototypes of their technologies and are ready to validate them in a real-world setting. Awardees can use the funding for such costs as testing and validating technological performance at customer sites, travel, equipment purchase, licensing, and patent fees. A complete list of acceptable uses is available at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

The application for the Pilot Clean Tech Demonstration Program is a two-step process.

Applicants MUST complete the full application to be considered for funding. Complete program eligibility and scoring criteria can be found at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

CSIT recently hosted an informational webinar on the Clean Tech Demonstration Program. A link to that recording, along with a copy of the materials presented, can be found at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/

Funding for the Clean Tech Demonstration Program is being provided by the New Jersey Board of Public Utilities. In addition to supporting emerging clean energy companies, the program will also help the state achieve its climate and clean energy targets laid out in New Jersey’s Energy Master Plan (EMP). The EMP offers a strategic vision for the production, distribution, consumption, and conservation of energy in the State of New Jersey.

About the New Jersey CSIT

In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the state as a home for academic and technological research, development, and commercialization.

To learn more about state resources available to New Jersey entrepreneurs and early-stage companies, visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitter, Instagram, and LinkedIn.

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Program Will Offer Grants of Up to $250,000 to Offset Costs Associated
with Demonstration & Validation in Real-World Settings

TRENTON, N.J. (November 18, 2022) – The New Jersey Commission on Science, Innovation and Technology (CSIT) today announced plans to launch a competitive $2.5 million program to support New Jersey companies accelerating the commercialization and deployment of innovative clean energy technologies. The Pilot Clean Tech Demonstration Program will provide grants of up to $250,000 each to help startups develop their technologies intended to create a cleaner and greener future for New Jersey. Applications for this program open on December 5, 2022 and will be available at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

The Pilot Clean Tech Demonstration Program is designed to support clean technology businesses that have an existing prototype of their technologies and are ready to validate them in a real-world setting. Awardees can use the funding for such costs as testing and validating technological performance at customer sites, travel, equipment purchase, licensing, and patent fees. A complete list of acceptable uses will be available at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

“The majority of our clean technology portfolio companies have some form of prototype, and funding through this program will offset many of the costs associated with demonstration and validation as they work toward commercialization,” said CSIT Executive Director Judith Sheft. “This new program is a complement to our existing Clean Technology Seed Grant and Voucher programs, and we are proud to expand the continuum of support we offer clean technology businesses growing in New Jersey.”

Sheft noted that companies do not have to have participated in a previous CSIT program to be considered for this award.

Examples of some prototypes in the clean energy space include energy management solutions, electric storage devices, biomass powered generators, and wind turbine components.

“In addition to their innovations in the life sciences and technology sectors, New Jersey innovators are creating technologies that are intended to combat climate change and reduce carbon footprints worldwide,” said CSIT Chair Debbie Hart. “By providing resources necessary to support entrepreneurs as they bring their products to the marketplace, we are not only helping early-stage New Jersey companies succeed, but also helping to build the green economy that Governor Phil Murphy champions.”

CSIT will host an informational webinar on the Clean Tech Demonstration Programon November 30, 2022. Registration information can be found at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/. A recorded version of the webinar and copy of materials presented will be made available on the CSIT webpage following the event. Please note that applications can be submitted starting on December 5, 2022.  

The Pilot Clean Tech Demonstration Program will fund pilot demonstration projects intended to avoid emissions of, or recapture, greenhouse gases and/or criteria pollutants, or to enable such avoidance or recapture.  The proposed project must be between Technology Readiness Level (TRL) 6, ready to beta test the prototype, and TRL 8, in the pre-commercial demonstration. The TRL is a globally-recognized scale that measures and assesses a technology’s maturity. The following technology areas are eligible under the program: Chemicals/Advance Materials, Energy Distribution/Storage, Energy Efficiency, Energy Generation, Green Buildings, Transportation, Waste Processing, and Water and Agriculture.

All applicants must have a minimum of two full-time employees and no more than 50 full-time equivalent employees at the time of application. Additionally, at least 50 percent of the work being performed by employees, including founders and contractors, must be conducted in NJ. Lastly, all pilot demonstration projects must be done in New Jersey. Complete program eligibility can be found at https://www.njeda.com/pilot-clean-tech-demonstration-grant-program/.

Award scoring will be based on innovation, market opportunity, feasibility, and economic and environmental impact. In keeping with Governor Murphy’s goal of creating the most diverse and inclusive innovation ecosystem in the country, bonus scoring will be awarded to applicants that are New Jersey-certified women-owned, minority-owned, or veteran-owned businesses; or have a primary place of business/research and development located either within an opportunity zone eligible census tract or within Trenton, Paterson, or Atlantic City.

Funding for the Clean Tech Demonstration Program is being provided by the New Jersey Board of Public Utilities (NJBPU).

“CSIT has been a tremendous partner in our efforts to get funding to startups that are working to advance our clean energy future,” said NJBPU President Joseph L. Fiordaliso. “The clean tech program announced today is an important step in the State of New Jersey’s ability to reach even more emerging companies as we work to meet Governor Murphy’s goal of 100 percent clean energy by 2050.”

About the New Jersey CSIT

In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the state as a home for academic and technological research, development, and commercialization.

About NJBPU
 
NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. The Board has general oversight and responsibility for monitoring utility service, responding to consumer complaints, and investigating utility accidents. To find out more about NJBPU, visit our website at www.nj.gov/bpu, and follow NJBPU on FacebookTwitterLinkedInYouTube, and Instagram.

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TRENTON, N.J. (October 26, 2022) – The New Jersey Economic Development Authority (NJEDA) has issued a Request for Information (RFI) seeking information and ideas as it considers establishing a pilot program to attract clean energy manufacturers to New Jersey. The program would help New Jersey capitalize on the manufacturing resurgence taking place nationwide. The RFI can be found at https://www.njeda.com/bidding/#rfi. Responses are due by November 22, 2022.

RFI responses would help to shape the development of a proposed NJEDA grant or forgivable loan program that would offset the costs for New Jersey companies or institutions that procure clean energy technologies from clean energy manufacturers looking to expand or establish a presence in the Garden State. The goal of this program is to build a pipeline of projects for clean energy manufacturers that are competitive for New Jersey customers, while helping early adopters minimize the costs of implementing clean technologies. The program would also aim to create high-quality manufacturing jobs in New Jersey, make the state a hub for clean energy manufacturing and innovation, and build a diverse workforce in the clean energy sector. It would also help meet the state’s climate and clean energy targets laid out in New Jersey’s Energy Master Plan (EMP). The EMP offers a strategic vision for the production, distribution, consumption, and conservation of energy in the State of New Jersey.

“There has never been a more exciting time to be a part of the clean energy transformation, particularly when it comes to manufacturing innovative technologies needed to create a green economy,” said Jane Cohen, Executive Director of the Governor’s Office of Climate Action and the Green Economy. “New Jersey continues to find new and creative ways to support businesses in this vital sector and the feedback we receive from this RFI will help us continue to attract new manufacturers while supporting those already established within the state.”

New Jersey’s manufacturing output grew at a 5.8 percent annualized pace between the fourth quarter of 2017 and the fourth quarter of 2021, which is more than double the national growth rate of 2.6 percent during that period. This program would be one of several in the manufacturing portfolio supported by more than $35 million in New Jersey’s Fiscal Year 2023 budget designed to spur capital investment, increase the adoption of new technology, attract new suppliers to the state, and expand workforce development opportunities.

“This pilot program would benefit entities that sit at the intersection of clean energy and manufacturing, two vital sectors as we work to achieve Governor Phil Murphy’s goal of establishing New Jersey as a leader in innovation,” said NJEDA Chief Executive Officer Tim Sullivan. “Direct input from stakeholders with perspectives on manufacturing innovative clean energy technologies will enable us to continue make strategic investments to address their needs and positions them well for the future.”

The RFI seeks information from individuals and/or entities with perspectives on manufacturing clean energy technologies (supply) and/or accelerating their adoption (demand). Interested stakeholders in clean energy technologies, clean technology manufacturing, and/or businesses interested in, or that might benefit from, the adoption of new clean energy technologies that may still have a higher market cost are encouraged to respond.

Sullivan noted that issuance of the RFI comes just days after Governor Murphy announced the NJEDA’s plans to create a $20 million New Jersey Manufacturing Voucher Program (NJMVP) to bolster New Jersey’s manufacturing sector. That program will focus on New Jersey manufacturers within targeted industries that will purchase equipment to integrate advanced or innovative technologies, processes, and materials to improve the manufacturing of their products. The NJMVP will offer grants valued at 30 to 50 percent of the cost of eligible equipment, including installation, up to a maximum award amount of $250,000.

All RFI responses must be submitted in writing no later than 1:00 p.m. EST on Tuesday, November 22, 2022, via email to earlyadopters@njeda.com. The subject line of the email should state “RFI Response-2022-RFI-OET-152 – Clean Energy Manufacturing in New Jersey – Early Adopters Pilot.”

All questions concerning the RFI announced today must be submitted in writing no later than 1:00 p.m. EDT, on Thursday, November 3, 2022, via e-mail to: earlyadopters@njeda.com. The subject line of the e-mail should state: “Questions-2022-RFI-OET-152.” Answers to questions submitted will be publicly posted on the Authority’s website on or about Thursday, November 10, 2022, at http://www.njeda.com/Bidding-Opportunities-General/Economic-Transformation-RFIs as Addendum. It is the Respondent’s responsibility to check this website regularly for updates.

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit http://www.njeda.com and follow @NewJerseyEDA on FacebookTwitterInstagram, and LinkedIn.

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Program Connects Property Owners with Funding Needed to Implement Energy Efficiency Measures

TRENTON, N.J. (October 12, 2022) – The New Jersey Economic Development Authority (NJEDA) announced today that it will hold a virtual information session on Thursday, October 20 to provide an overview of the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program and to gather community feedback about specific elements of the program. The Garden State C-PACE Program, which is currently under development, will further the Murphy Administration’s commitment to battling climate change by helping businesses, non-profits, and multi-family residential developers and property owners overcome the financial hurdles of implementing energy efficiency, renewable energy, and climate resiliency measures.

The information session will take place on October 20 at 1:00 p.m. Registration is open now at https://tinyurl.com/NJ-C-PACE. In addition to providing details about the program, the NJEDA will also seek public input on topics related to the creation of the Garden State C-PACE Program during the information session. These topics include:

  • How to incorporate the financing of new construction projects into the program; and
  • How to effectively engage municipalities to participate in the program.

A recording of the webinar will be available at https://www.youtube.com/c/NewJerseyEDA/videos.

Authorized by legislation signed by Governor Phil Murphy last year, the Garden State C-PACE Program will provide a new form of financing to property owners for renewable energy, energy efficiency, water conservation, and certain types of resiliency-related improvements for New Jersey. The program works by enabling eligible commercial, industrial, agricultural and certain multi-family residential real property owners to access financing to undertake these kinds of improvements on their properties and repay the financing through the payment of an additional assessment to their municipality, similar to their real property tax, sewer, or water bill.

C-PACE assessments are a tool which municipalities levy on real estate parcels to serve valuable public purposes. C-PACE builds on a long history of using such assessments and serves a public purpose through reducing energy costs, stimulating the economy, potentially improving property valuation, reducing greenhouse gas emissions, and creating jobs. Over the past decade, C-PACE programs in more than two dozen states around the country have proven an effective tool to attract private capital into the renewable energy, energy efficiency, and resiliency markets.

Interested stakeholders who are unable to attend the information session but would like to provide feedback are encouraged to email GardenStateCPACE@njeda.com with their input.

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about state resources available to New Jersey entrepreneurs and early-stage companies, visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitterInstagram, and LinkedIn.


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TRENTON, N.J. (August 8, 2022) – The New Jersey Commission on Science, Innovation, and Technology (CSIT) today announced that it has awarded a combined $3.9 million in grants to 45 startups statewide through its Catalyst Seed Research and Development (R&D) Grant and Clean Tech Seed Grant programs. The awards will help these young companies accelerate development of their technologies and transform their discoveries from the research stage into commercially viable products and services.

“Funding New Jersey startups today through grant programs like the Catalyst Seed R&D Grant and the Clean Tech Seed Grant helps to guarantee a strong economy in the future and furthers Governor Phil Murphy’s vision for the state,” said CSIT Executive Director Judith Sheft. “Cultivating companies within our state during their formative years helps us to promote financial growth, sustainability, and economic mobility for years to come.”

CSIT’s Catalyst Seed R&D Grant Program has awarded 27 early-stage startup companies a total of $2.6 million in funding through grants of up to $150,000 for life sciences startups focusing on drug development and therapeutics and up to $75,000 for R&D. Emerging companies receiving awards for R&D are involved in technological innovation across manufacturing, transportation and logistics, film and digital media, life sciences, non-retail food and beverage, finance and professional services, and technology sectors, all of which are identified as targeted industries in Governor Murphy’s economic development plan. Of those receiving awards from CSIT, 95 percent (25) of awardees have five or fewer employees, 43 percent (12) are certified as minority-owned businesses, and 30 percent (9) are certified women-owned. Additionally, 22 percent (6) awardees have licensed technology from a New Jersey university.

“New Jersey’s startups are amongst the very best in the nation and truly place the State at the forefront of innovation and conservation,” said CSIT Vice Chair and BioNJ Founding President and CEO Debbie Hart. “The Catalyst Seed R&D Grant and Clean Tech Seed Grant Programs reinforce the State’s commitment to its small businesses and nurtures advancements in a range of innovation areas including technology, life sciences, and clean tech sectors.”

A total of $1.3 million in funding will also be awarded to 18 companies chosen in Round 2 of the Clean Tech Seed Grant Program. The Clean Tech Seed Grant Program, which was jointly developed by CSIT and the New Jersey Economic Development Authority (NJEDA), provides grants for R&D activities to very early-stage, New Jersey-based clean technology companies that will help them to advance their development on products and services to a point where they can more readily appeal to outside investors and, in some cases, begin to generate revenue. Seventy-two percent (13) of awardees have five or fewer employees. Additionally, 15 percent (3) of the awardees are certified as minority-owned businesses, and 15 percent (3) are certified women-owned. Eleven percent (two companies) awardees have licensed technology from a NJ university.

“Under Governor Murphy’s leadership, New Jersey has become one of the best places in the nation to grow and scale a company, especially a startup,” said NJEDA Chief Executive Officer Tim Sullivan. “CSIT’s Catalyst Seed R&D Grant and Clean Tech Seed Grant programs allow entrepreneurs to secure funding for vitally important research and new technologies that not only better our society, but also create new high-paying jobs grow our economy and solidify New Jersey’s reputation as a leader in equitable, diverse, and transformative innovation.” 

“Grants such as the Clean Tech Seed Program bring us one step closer to achieving Governor Murphy’s goal of 100 percent clean energy by 2050,” said New Jersey Board of Public Utilities (NJBPU) President Joseph L. Fiordaliso. “Our partnership with NJEDA and CSIT, coupled with today’s announcement, exemplifies this Administration’s cross-agency approach to developing and implementing initiatives that will simultaneously help us meet our clean energy goals and grow our green economy with exciting innovation.”

The funding for the Clean Tech Seed Grant Program, which is being provided through the NJBPU’s Clean Energy Program, will advance innovation that will help the state achieve Governor Murphy’s clean energy goals as outlined in New Jersey’s Energy Master Plan.  The plan, created in 2019, helps to set New Jersey on a path toward 100 percent clean energy by 2050.  

A list of all awardees can be found below:

Catalyst Seed Grant Program
(Drug Development)

Applicant Name (Funding Amount)

Catalyst Seed Grant Program
Other Categories
Applicant Name (Funding Awarded)

Clean Tech Seed Grant Program Awardees

About CSIT

In August 2018, Governor Murphy signed legislation re-establishing the former New Jersey Commission on Science and Technology as the CSIT. Comprised of representatives from the public and private sectors, as well as academia, the Commission is tasked with leading the way in promoting the State as a home for academic and technological research, development, and commercialization.


About NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.


To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitterInstagram, and LinkedIn. 

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 NJ ZIP will make an additional $45 million available and widen
eligibility to include heavy-duty vehicles later this year

LYNDHURST, N.J. (July 19, 2022) –The New Jersey Economic Development Authority (NJEDA) announced the expansion of the New Jersey Zero Emission Incentive Program (NJ ZIP) to support businesses and institutions statewide that are purchasing new, zero-emission medium- and heavy-duty vehicles operating in New Jersey. Last week, the NJEDA’s Board approved the $45 million expansion, through its Regional Greenhouse Gas Initiative (RGGI) allocation, doubling the amount of funding dedicated to the program.

In addition to increased funding for the program, the NJEDA Board also approved two major eligibility changes from the earlier phase – expanding eligibility to include heavy-duty vehicle classes, and expanding statewide, beyond the four pilot communities in the first phase.

NJEDA Chief Executive Officer Tim Sullivan was joined by Vanessa and Luis Abad outside the offices of the Statewide Hispanic Chamber of Commerce of New Jersey (SHCCNJ), which was instrumental in promoting the pilot to business owners, to announce the expansion of the program. The Abads’ business, ENAT Transportation & Logistics, located in Ridgefield Park, was one of the first businesses approved for support under the program. The Abads and Sullivan, together with GreenPower Motor Company Regional Sales Manager Larry Sharp, placed “Powered by NJ ZIP” bumper stickers on four of the zero-emission medium-duty electric vehicles funded by NJ ZIP. GreenPower Motor Company is an authorized vendor under NJ ZIP from which ENAT Transportation & Logistics procured their vehicles.  

As of last month, the NJEDA had approved 144 NJ ZIP applications totaling $32.2 million in vouchers for zero-emission medium-duty vehicles, with more applications still in process. The NJEDA anticipates the expansion of the program will allow 200-400 additional vouchers to be awarded. Over 90 percent of the entities approved to date are small businesses, and approximately 57 percent are minority- and/or woman-owned. The vehicles supported so far through the program are expected to result in the reduction of annual carbon emissions by more than 6,500 short tons within the communities in which they operate.

“Over 40 percent of New Jersey’s carbon emissions are produced by vehicles, so helping small businesses make the transition to zero-emission technology is a key step toward accelerating Governor Phil Murphy’s efforts to improve air quality, and create economic opportunity within the state,” said Sullivan. “Small businesses participating in the program are poised to reap the benefits of electric vehicle ownership by modernizing their fleets with environmentally friendly, state-of-the-art vehicles that not only reduce fuel costs and require less maintenance, but mitigate the harmful environmental impacts of transportation emissions in communities across New Jersey.”

ENAT Transportation & Logistics, one of the first NJ ZIP awardees to receive its vehicles, is on its way to transitioning its entire commercial fleet to electric vehicles within the next five years and is currently working with Bergen Community College to serve as a location to house their zero-emission vehicles as part of the Bergen Community College Business Accelerator.

“NJ ZIP is a fantastic resource for small businesses like mine to afford transitioning to an electric fleet as we strive to reduce our carbon footprint and the additional bonus it provides gives woman-owned minority businesses, like mine, the opportunity for progress,” said Abad. “The additional $40,000 in bonuses we received for being a minority and women-owned small business has allowed us to compete with other transportation companies in an industry that has traditionally been operated by men.”

“NJ ZIP offers a clear and accessible path for businesses across New Jersey, especially those in underserved communities, to buy and drive electric vehicles,” said Sharp. “GreenPower Motor will continue to deliver some of the first commercial electric vans and trucks to New Jersey businesses that are taking a bold step in addressing climate change by reducing their carbon footprint. We look forward to continuing to supply future recipients with zero-emission vehicles through the NJ ZIP program.”

Another small business that recently received support from the NJ ZIP is Camden County-based Juan Kelmy Productions, LLC. Located in Sicklerville, this minority-owned small business is an event photography, marketing and web design company that serves the tri-state area.

“Our company is honored to be a recipient of NJ ZIP’s electric vehicle vouchers which will support our day-to-day business operations,” said Juan Kelmy Productions Owner Juan Martinez. “The funding received from this program further advances our commitment to clean energy initiatives that contribute to our zero-emission goals to transition into new electric vehicles.”

“The NJDEP is pleased to partner with the NJEDA to further reduce the greenhouse gas emissions that contribute to global warming and climate change in our state,” said New Jersey Department of Environmental Protection (NJDEP) Commissioner Shawn LaTourette. “As New Jersey’s transportation sector is the largest source of these emissions, the NJ ZIP expansion constitutes a significant step forward. These types of partnerships also demonstrate the power and strength of collaboration among State agencies. NJ ZIP supports small businesses with an eye toward transitioning their current vehicle fleet to zero emission alternatives, helping to protect the environment, improve public health, and advance our environmental justice and clean energy goals.”

In addition to expanding the program’s funding capacity, the NJEDA will also work to identify a New Jersey university partner to provide technical assistance as part of the NJ ZIP program. This assistance will provide critical guidance to small businesses as they are applying for zero-emission vehicle vouchers.

The NJEDA anticipates opening applications, including those for businesses in newly-eligible parts of the state, in the coming months. Vouchers will be available on a first-come, first-served basis. More information on NJ ZIP, including all eligibility requirements for vendors and purchasers, is available at https://www.njeda.com/njzip.


About New Jersey’s Regional Greenhouse Gas Initiative (RGGI)

In 2020, the NJEDA, along with the NJDEP and NJBPU, released the State’s first Regional Greenhouse Gas Initiative (RGGI) Strategic Funding Plan. The Plan identified the four initiatives the Agencies will invest the RGGI auction proceeds in for the years 2020 through 2022. NJ ZIP is funded by proceeds allocated to the NJEDA by the RGGI for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state.

About the New Jersey Economic Development Authority


The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.
 
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitter, Instagram, and LinkedIn. 

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TRENTON, N.J. (July 18, 2022) – The New Jersey Economic Development Authority’s Board (NJEDA) has approved the purchase of a 109.4-acre property which will enable the planned expansion of the NJ Wind Port in Lower Alloways Creek, Salem County. The approval took place during last week’s Board meeting.

The New Jersey Wind Port is a first-in-the-nation infrastructure investment that will provide a location for essential staging, assembly, and manufacturing activities related to offshore wind projects on the East Coast. At full build-out, the Wind Port has the potential to create up to 1,500 manufacturing, assembly, and operations jobs and drive billions of dollars in economic growth back into the New Jersey economy.

Phase 1 of the Wind Port broke ground in September 2021 with marshalling activities due to commence in early 2024. The purchase of the 109.4-acre property from NDEV LLC, a subsidiary of PSEG Power, will enable Phase 2 of the project as proposed, expanding the Port’s total footprint to over 220 acres and enabling it to support marshalling of two wind projects concurrently as well as up to three co-located manufacturing facilities.

“Today’s approval is another major step forward for the New Jersey Wind Port and for delivering on Governor Murphy’s goal of making New Jersey the engine room of the U.S offshore wind supply chain,” said NJEDA Chief Executive Officer Tim Sullivan. “The ability to marshal two projects at once, with additional space for component manufacturing, will turbocharge job creation, opportunities for small businesses, and all forms of ancillary economic activity both locally and across the state.”

Sullivan added that expanded marshalling capacity will also help to alleviate the current shortfall in fit-for-purpose port capacity across the region, helping states up and down the U.S east coast to deliver on their wind targets on time and cost-effectively.

The 109.4-acre property is set directly north of property the NJEDA is leasing from PSEG Nuclear to develop Phase 1 of the NJ Wind Port. It is currently permitted as a confined disposal facility (CDF), with the permitting process to enable the Port’s expansion due to commence shortly. The purchase from NDEV LLC was for a negotiated price of $24.25 million.

The State of New Jersey is committed to constructing the New Jersey Wind Port using union labor and requires developers and contractors to pay prevailing wage. The State is also committed to setting a new standard for inclusion of women- and minority-owned businesses during construction of the New Jersey Wind Port. The NJEDA has established a requirement that at least 25 percent of subcontractors for the port construction are small businesses and at least 15 percent are women-, minority-, or veteran- owned. The project also includes worker diversity goals of 18 percent people of color and 6.9 percent women.

NJEDA expects to commence tenant selection for parcels of the property in the coming months.

About the New Jersey Economic Development Authority

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness. NJEDA is developing the Wind port on behalf of the State.
 
To learn more about NJEDA resources for businesses call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.com and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.

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Parcel to be Purpose-built for Tier 1 wind component manufacturing, Co-located with a Marshaling Port and with Ready Access to East Coast Offshore Wind Sites

Trenton, N.J. (May 20, 2022) – The New Jersey Economic Development Authority (NJEDA) today announced that it will shortly launch the next phase of its eagerly-anticipated tenant selection process for the New Jersey Wind Port. This phase will involve seeking offers from Tier 1 wind component manufacturers, such as blades, for an approximately 70-acre parcel of property at the Port.   

The New Jersey Wind Port, located on the Delaware River in Lower Alloways Creek, Salem County, will be a transformative, hub-style port serving offshore wind projects in New Jersey and up and down the U.S. East Coast. The Port is being developed by the NJEDA on behalf of the State and represents a new approach to economic development that will spur both job creation and opportunities for businesses throughout the offshore wind supply chain. It has the potential to create up to 1,500 manufacturing, assembly, and operations jobs, with wind projects supported by the Port driving billions more dollars in economic growth.

The Port is situated at the geographical center of the United States’ burgeoning offshore wind sector – with approximately 40 gigawatts (GW) of committed and planned offshore wind projects along the East Coast, including 7.5 GW of projects off the coast of New Jersey. The Port will offer offshore wind industry tenants the following key features:

  • Access to the Atlantic Ocean free of vertical restrictions;
  • Upland acreage purpose-built for marshalling and component manufacturing;
  • A wide approach channel from the main Delaware River Channel;
  • A purpose-built heavy-lift wharf, comprising both delivery and installation berths; and
  • Heavy-haul Road connections between inland port parcels and the Wharf.

The NJEDA will shortly seek non-binding offers from Tier 1 offshore wind component manufacturers, such as blades manufacturers, for an approximately 70-acre parcel at the Port. The parcel is currently undeveloped but is intended to be purpose-built for manufacturing and would adjoin a deep-water port. The parcel would be connected to two marshalling parcels via a purpose-built heavy-haul road corridor, providing unrivalled cost efficiencies for a manufacturer and their developer clients. The NJEDA anticipates that the parcel will be available for sublease from late-2026. A notice for the sublease of property will be issued in coming weeks and will be available at Bidding Opportunities – NJEDA.

“There is simply no better site to anchor an offshore wind manufacturing facility in the nation than at the New Jersey Wind Port, the nation’s only purpose-built greenfield wind port and epicenter of the nation’s fast emerging wind supply chain hub,” said NJEDA CEO Tim Sullivan. “For a manufacturer, being co-located with two marshalling parcels means significantly lower logistics costs, a win for industry and a win for energy consumers. At the same time, being part of the nation’s supply chain hub means ready access to a growing ecosystem of tier two suppliers across Southern New Jersey and throughout the state.”

Home to a high concentration of skilled labor, a well-established maritime industry and workforce, and a network of highly-regarded colleges and universities, New Jersey is ideally-placed to drive the development of the offshore wind industry in the United States.

“Manufacturing critical components of the offshore wind supply chain here in New Jersey will not only benefit our own offshore wind projects, but the entire industry up and down the East Coast,” said New Jersey Board of Public Utilities (NJBPU) President Joseph L. Fiordaliso. “By diversifying the manufacturing opportunities available, we will bring more jobs and economic development opportunities to the Garden State as we work to achieve Governor Murphy’s goal of 7.5 GW by 2035.”

Last fall, Governor Phil Murphy led the celebration for the New Jersey Wind Port’s groundbreaking, alongside Federal Secretary of Labor, Martin J. Walsh and a host of state and local officials. The event also included the signing of a Project Labor Agreement (PLA), with the State committed to using union labor to construct the Port and to setting a new standard for inclusion of minority and women workers and business owners.

Governor Murphy announced last month that the NJEDA and Orsted North America had executed a letter of intent (LOI) for Orsted to marshal its Ocean Wind 1 project from the Port. As part of its bid to the NJBPU Orsted had proposed to marshal Ocean Wind from an interstate port, with its commitment to instead use the Wind Port creating over 200 pre-assembly, load out and stevedoring jobs in New Jersey that would otherwise have been lost to other states.

Core construction of the Wind Port commenced in January of this year, with the first phase of the Port due to reach completion in early 2024.

Further information on the Port is available at: https://www.nj.gov/windport/.

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about state resources available to New Jersey entrepreneurs and early-stage companies, visit https://www.njeda.com and follow @NewJerseyEDA on FacebookTwitterInstagram, and LinkedIn.

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