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Press Release
October 3, 2023

NJEDA Announces $12 Million Funding to 48 Cannabis Equity Grant Awardees

Bloomfield, N.J. (October 3, 2023) —Today, New Jersey Economic Development Authority Chief Executive Officer, Tim Sullivan, and Chief Community Development Officer, Tai Cooper, joined Bloomfield Mayor, Michael J. Venezia, along with representatives of the New Jersey Cannabis Regulatory Commission (NJCRC) to announce the awarding of $12 million of grant funding.

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Press Release
October 2, 2023

NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023

TRENTON, N.J. (October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 million in private investment as supported in 2023 by the New Jersey Angel Investor Tax Credit Program (ATC).

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Press Release
October 2, 2023

NJEDA to Announce Cannabis Grant Awardees & Major New Funding

TRENTON, N.J. (October 2, 2023) – Tomorrow, Tuesday, October 3, 2023, the New Jersey Economic Development Authority (NJEDA) will host a press conference to announce the recipients of the $250,000 Joint Ventures Grants and provide a funding update for its Cannabis Equity Grant Program.

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Press Release
October 2, 2023

NJEDA Releases Aspire Program Rules for Public Feedback

TRENTON, N.J. (September 29, 2023) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on a revised set of rules for the Aspire Program.

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Press Release
September 21, 2023

NJEDA Establishes Diversity Finance Advisory Board

WOODBRIDGE, N.J. (September 21, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB).

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Press Release
September 19, 2023

NJEDA Provides Update on Child Care Facilities Improvement Program

TRENTON, N.J. (September 19, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that it will close applications for Phase 1 of its Child Care Facilities Improvement Program on October 20.

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Press Release
September 13, 2023

Newark Transit-Oriented Housing Development Approved Under NJEDA’s Aspire Program

TRENTON, N.J. (September 13, 2023) – The New Jersey Economic Development Authority (NJEDA) Board approved tax credits for an additional residential project in Newark under its Aspire Program.

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Press Release
September 12, 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, September 19, 2023, at 11:00 am.

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Press Release
September 12, 2023

NJEDA Partners with NJIT to Create Two Offshore Wind Graduate Certificate Programs

TRENTON, N.J. (September 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved a memorandum of understanding (MOU) with the New Jersey Institute of Technology (NJIT) to provide $399,000 in funding to the Professional Offshore Wind Energy Certificates (POWERCERTS) Program.

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Press Release
September 12, 2023

NJEDA Board Approvals Expand List of New Jersey Innovation Evergreen Fund Qualified Venture Firms

The New Jersey Economic Development Authority (NJEDA) today approved three additional venture capital firms as Qualified Venture Firms (QVFs) in the New Jersey Innovation Evergreen Fund (NJIEF).

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Press Release
September 8, 2023

NOTICE OF CSIT BOARD MEETING – 9/15/2023

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, September 15, 2023, at 10:00 am.

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Press Release
September 5, 2023

NOTICE OF NJEDA ANNUAL BOARD MEETING – 09/12/2023

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Tuesday, September 12, 2023, at 10:00 am.

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Press Release
September 5, 2023

Applications Open for NJEDA’s Construction Inflation Fund

TRENTON, N.J. (September 5, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Construction Inflation Fund.

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Press Release
August 17, 2023

NJEDA to Launch $10M Food Desert Relief Tax Credit Auction

TRENTON, N.J. (August 17, 2023) – The New Jersey Economic Development Authority (NJEDA) will auction up to $10 million in corporate and insurance premiums tax credits through the Food Desert Relief Tax Credit Auction beginning on September 18.

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Press Release
August 15, 2023

Sustain and Serve NJ distribuye más de 5 millones de comidas

TRENTON, N.J. (15 de agosto de 2023) – La Autoridad para el Desarrollo Económico de New Jersey (NJEDA, por sus siglas en inglés) anunció hoy que ha alcanzado el admirable hito de apoyar la compra y distribución de más de cinco millones de comidas.

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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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