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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. The company reported $1.92

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

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. For more information, including additional eligibility requirements, click here.

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Delaware’s 5th annual Startup302 funding contest accepting applications January 2 to 26

American Entrepreneurship

December 20, 2024 ) Applications for Delawares fifth annual Startup302 funding competition will be accepted January 2 through 26 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group. Additional sponsorship opportunities are available.

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New Startup Accelerator for Battery Innovation Accepting Applications

American Entrepreneurship

Part of this initiative was used to open the new accelerator ChargeUp in upstate New York , focusing on battery innovations. Companies participating in the accelerator program, which is mostly remote, benefit from the region’s growing battery industry cluster enabled by New Energy New York ( NENY). 25, 2024, 1–2 p.m.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies.

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Fintech Sees Renewed Focus in Colombia

Andreessen Horowitz

Given that the majority of Colombians now have access to a smartphone, the internet, and a basic bank account, the conditions are set for an acceleration of financial innovation and inclusion. If fully implemented, this will allow Colombians to own and access their banking data regardless of which institution they bank with.

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NMSDC Partners with Leading Business Organizations to Offer ScaleUP Capacity Building Cohort

American Entrepreneurship

Rutgers University CUEED, Covenant Business Concepts, and Ideation to Valuation are supporting the NMSDC MBE Center for Accelerated Growth, Innovation, and Resiliency program pillar of contract readiness to help minority business owners scale their businesses. Its work is about correcting the unequal access to wealth-building opportunities.