Celebrating Economic Development Week 2023
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MAY 8, 2023
Throughout the course of American history, the meaning and purpose of the phrase ‘economic development’ has changed and evolved.
2023 communities economic development 
SourceLink Affiliate Quarterly Conversation - March 17, 2022
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APRIL 1, 2022
They’d like to see us continue spotlighting best practices and community success stories in our newsletter and on socials, so please be sure to follow us on Twitter , Facebook and LinkedIn for the latest and greatest from our network! webinar on strategies for growing rural communities through entrepreneurship-led economic development.
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How Support Organizations Can Unlock the Potential of Entrepreneurs in Vietnam
Entrepreneurs' Organization
MAY 2, 2023
These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economic development. We invite you to join us for the EO Vietnam 2023 Speaker Summit on 12 May 2023. We look forward to meeting you!
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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence
American Entrepreneurship
MARCH 19, 2025
March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program.
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34 Innovative Companies Awarded Benefits in 2023
American Entrepreneurship
JUNE 4, 2024
June 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that 34 technology and life sciences companies were awarded more than $68 million through the 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program. TRENTON, N.J.
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NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023
American Entrepreneurship
OCTOBER 2, 2023
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). Based in Lakewood, Beable Education Inc.
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NJEDA to Issue Request for Expressions of Interest for Wind Innovation Center
American Entrepreneurship
JUNE 26, 2023
Center Will Help Accelerate Innovation, Research and Development, and Entrepreneurship in NJ’s Offshore Wind Industry TRENTON, N.J. WHEN: Responses to the RFEI are due by September 13, 2023 via email to windinstitute@njeda.gov. Questions may be submitted via email no later than August 22, 2023 to windinstitute@njeda.gov.
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Joseph L. Lewis III joins Delaware Prosperity Partnership as Director of Marketing and External Relations
American Entrepreneurship
FEBRUARY 13, 2023
February 8, 2023 ) – Joseph L. Lewis, a graduate of Duquesne University , most recently was self-employed, collaborating with firms such as Landesberg Design in Pittsburgh, Pennsylvania; Community Marketing Concepts in Philadelphia, Pennsylvania; and Aloysius Butler & Clark in Wilmington, Delaware. WILMINGTON, Del.
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Fisher’s Popcorn of Delaware chooses Delaware for major expansion of manufacturing and wholesale operations
American Entrepreneurship
APRIL 26, 2023
April 25, 2023 ) – Fisher’s Popcorn , whichhas produced hand-craftedgourmet popcorn in Delaware for 40 years, has chosen Frankford, Delaware, as the location for a new $4.85 Providing additional assistance throughout the site search and other location processes was Bill Pfaff , director of economic development for Sussex County. “We
NJEDA Opens the NJ Capital Access Fund
American Entrepreneurship
NOVEMBER 28, 2023
November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The SSBCI funds, matched with raised private capital, will be used to purchase up to 80 percent of every eligible loan by participating community lenders.
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NJEDA Establishes Diversity Finance Advisory Board
American Entrepreneurship
SEPTEMBER 22, 2023
September 21, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB) which will work to increase access to institutional capital for women- and minority-owned startups. This is a positive step towards a more equitable future for New Jersey.”
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15 Ventures with Underrepresented Founders share $198K in Startup302 Grant Prizes
American Entrepreneurship
APRIL 28, 2023
April 28, 2023 ) – Fifteen tech-enabled startups with at least one team member from an underrepresented demographic are sharing $198,000 in non-dilutive grant funding from Delaware’s third Startup302 competition, which was coordinated by Delaware Prosperity Partnership (DPP) and partners from throughout Delaware and beyond.
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Startup Launches A New Tool to Protect Vulnerable Adults
Ben Franklin Technology Partners
NOVEMBER 28, 2022
Joe Hackett, Regional Director/Portfolio Manager for this award-winning economic development program, commented, “When I first met Nancy, I was immediately impressed with her grasp of the target market’s needs. Future plans for the company include the launch of a Series A round in 2023. For more information visit advocord.com.
NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program
American Entrepreneurship
DECEMBER 19, 2023
December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. This revitalization program is a monumental investment into Atlantic City and our shore town communities,” said Senator Vince Polistina (R-Atlantic).
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NJEDA Board Designates Netflix as a Studio Partner, Continuing New Jersey’s Film Industry Momentum
American Entrepreneurship
MAY 17, 2024
May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today designated Netflix Inc. New Jersey will soon be home to one of the most dynamic film studios in the world, and its work will be driven by direct partnerships with local businesses and communities.”
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Your future shrimp meal could come from Atarraya’s farming technology
TechCrunch
AUGUST 15, 2022
The company is claiming this is the “world’s first” technology of its kind, and Daniel Russek, founder and CEO of Atarraya, told TechCrunch that Shrimpbox was an idea he got after college in 2005 when he started with a non-government organization working with fishing communities. Now armed with $3.9
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Celebrating 2022 Accomplishments and Looking Ahead to New Opportunities
Angel Capital Association
JANUARY 26, 2023
Fostering these entrepreneurs and the economies they impact is a direct result of ACA’s mission to fuel the success of the angel investor community. 2023 promises to be another exciting year, with new educational opportunities, additional networking and community building events.
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NJEDA Launches Second Phase of Cannabis Equity Grant Program
American Entrepreneurship
NOVEMBER 16, 2023
November 13, 2023) —The New Jersey Economic Development Authority (NJEDA) announced today that the application for Phase II of its Cannabis Equity Grant Program will open on November 30, 2023, at 10:00 a.m. To assist potential applicants, NJEDA will host a webinar on November 13, 2023, at 6:00 p.m.
NJEDA to Host Information Webinar on Food Retail Innovation in Delivery Grant Program Ahead of Application Launch
American Entrepreneurship
APRIL 13, 2023
FRIDG program will provide grants to food retailers to expand food access to residents in Food Desert Communities TRENTON, N.J. About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The webinar is scheduled 2:00 p.m. to 3:30 p.m.
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40 Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board
American Entrepreneurship
JUNE 21, 2023
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). TRENTON, N.J.
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NJEDA’s $4M Innovative E-Commerce Program has Helped over 150 Small Businesses Expand Online Presence
American Entrepreneurship
NOVEMBER 21, 2023
Small businesses encouraged to take advantage of the Small Business E-Commerce Support Program to develop website, marketing plan & implement online ordering TRENTON, N.J. About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth.
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NJEDA to Create Grant Program to Help Small Business Owners Purchase Commercial Properties
American Entrepreneurship
FEBRUARY 20, 2024
February 20, 2023) – The Board of the New Jersey Economic Development Authority (NJEDA) has approved the creation of a pilot program that will help boost small business owners’ liquidity following the purchase of a commercial property. “In
PCOnline chooses Newark, Delaware, for location of strategic spinoff for supply chain management
American Entrepreneurship
SEPTEMBER 28, 2023
September 26, 2023 ) – EtailFlow LLC , a supply chain management company created as a strategic spinoff from Delaware-based national ecommerce leader PCOnline earlier this year, will grow its operations alongside its parent company in Newark, Delaware. EtailFlow expansion creating at least 45 new jobs over next three years WILMINGTON, Del.
Phase Sensitive Innovations chooses Delaware for state-of-the-art lab, manufacturing and R&D expansion
American Entrepreneurship
APRIL 23, 2024
PSI plans to continue recruiting locally from the University of Delaware and Delaware Technical Community College to fill these roles. It’s critical to Delaware’s job market to retain successful homegrown businesses and to ensure success by creating more high-paying jobs right here in our community.”
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NJEDA Board Makes Wide-Ranging Set of Approvals to Continue Growing NJ’s Economy
American Entrepreneurship
JUNE 20, 2023
May 22, 2023) – The New Jersey Economic Development Authority (NJEDA) Board made several key program and policy approvals during its May meeting, including its first awards of residential projects under the Aspire Program, additional funding for the Authority’s child care programming, and record-breaking investments in venture capital. (May
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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers
American Entrepreneurship
NOVEMBER 21, 2023
November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.
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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle
American Entrepreneurship
OCTOBER 14, 2023
October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF). First Complete Cycle of Investment Under Novel State Program Benefits Newark Provider of HR Gaming Platform TRENTON, N.J.
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NJEDA Seeks Information to Support Commercial Building Decarbonization Projects
American Entrepreneurship
JUNE 20, 2023
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 within the commercial building sector. EDT on June 19, 2023, via e-mail to buildingdecarbRFI@njeda.gov.
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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups
American Entrepreneurship
FEBRUARY 6, 2024
About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J.
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NJEDA Releases Request for Information for Offshore Wind Maritime Workforce Needs
American Entrepreneurship
OCTOBER 5, 2023
September 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight from the maritime industry on its offshore wind workforce needs. Merchant Marine Academies, universities, community colleges and private entities that employ mariners. TRENTON, N.J.
NJEDA Board Awards $3M in Grants to Support Public Space Activation in Atlantic City & Newark
American Entrepreneurship
DECEMBER 19, 2023
December 19, 2023) – Last week, the N ew Jersey Economic Development Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) They also serve to foster arts and cultural activities, which drive dynamic, thriving communities. $10M A.R.T.
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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors
American Entrepreneurship
MARCH 7, 2024
March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.
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ACA Receives an NSF Award to Connect Early Stage Capital to Deep Tech Innovations
Angel Capital Association
OCTOBER 4, 2023
For Immediate Release Alexandria, VA (October 4, 2023) – The Angel Capital Association (ACA) has received an $123k award from the National Science Foundation’s Directorate for Technology, Innovation and Partnerships (TIPs) designed to catalyze private investment in the Deep Tech Sector. Margaret Bacheler, Ed.d.,
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Compact Membrane Systems chooses New Castle, Delaware, for $3.1M expansion to help meet market demands
American Entrepreneurship
JANUARY 30, 2024
million in a Series A venture capital round in 2023, CMS has investigated where best to continue its growth. It’s vitally important we keep legacy companies like CMS in our communities growing and thriving,” said New Castle County Executive Matt Meyer. “We As the company has evolved, including raising $16.5
NJEDA to Host Clean Energy Loan Program Information Session for Small Businesses
American Entrepreneurship
APRIL 13, 2023
April 12, 2023) – The New Jersey Economic Development Authority (NJEDA) will host a virtual public information session on the New Jersey Clean Energy Loans (NJ CELs) Program on Monday, April 17 at 1:00 p.m. Applications for the NJ CELs program open Wednesday, April 19, 2023, and will be available here.
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NJEDA to Launch Cannabis Equity Grant Program Application on 4/20
American Entrepreneurship
APRIL 24, 2023
April 19, 2023)—In recognition of 4/20 and National Cannabis Awareness Month, the New Jersey Economic Development Authority (NJEDA) announced that the application for Phase I of its $10 million Cannabis Equity Grant Program will open on Thursday, April 20, 2023, at 9:00 a.m.
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Semente Verde: Cultivating Bissau’s blossoming impact ecosystem
Impact Hub
APRIL 9, 2023
With support from partners that believe in the power of social entrepreneurship to transform communities, we are able to bring Impact Hub’s vision of inclusive and sustainable innovation at scale to all corners of the planet, providing the grounds for interested local Impact makers to engage and flourish in an empowering environment.
NJEDA Establishes New Jersey Green Bank to Advance Climate Goals
American Entrepreneurship
APRIL 16, 2024
April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy. TRENTON, N.J.
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Nonprofit chooses Wilmington, Delaware, for $2.3M medical scheduling center that will create 227 jobs
American Entrepreneurship
JUNE 28, 2023
BlindSight Delaware Enterprises plans regional hub to train and employ Delawareans with visual and other disabilities, Delaware veterans and statewide Promise Communities residents in on-site and remote positions. WILMINGTON, Del.
The Innovation Imperative for the New Administration
Revolution
NOVEMBER 8, 2024
Indeed, making sure everyone has access to the benefits of that innovation is something that I know vice-president-elect JD Vance cares about from his work with us at Rise of the Rest and others in the tech and venture community. And this time? This is not to say there hasn’t been progress. in seed- and early-stage funding.
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