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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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Ben Franklin’s 2024 Program Overview

Ben Franklin Technology Partners

A SPOTLIGHT ON REGIONAL INNOVATION In a significant achievement, the North Central Regional Planning and Development Commission, in collaboration with Ben Franklin CNP and key educational institutions, secured a $400,000 Strategic Development Grant from the U.S. Economic Development Administration.

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

American Entrepreneurship

Both programs build on Governor Phil Murphys goal of establishing New Jersey as a leader in AI by encouraging private investment into the states growing AI sector and promoting collaboration between New Jerseys citizens and government in AI innovation. For more information, including additional eligibility requirements, click here.

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Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp

Ben Franklin Technology Partners

On March 20, 2024, the Samuel P. Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.

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Ben Franklin’s 2024 Program Overview

Ben Franklin Technology Partners

A SPOTLIGHT ON REGIONAL INNOVATION In a significant achievement, the North Central Regional Planning and Development Commission, in collaboration with Ben Franklin CNP and key educational institutions, secured a $400,000 Strategic Development Grant from the U.S. Economic Development Administration.

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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

Powered by NJEDA’s Strategic Innovation Center program, NJFAST aims to make New Jersey a national leader in fintech and insuretech by supporting innovation, which will help empower startups and drive the creation of new technologies that in turn will create jobs and support long-term, sustainable economic growth across the state.”