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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.

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i2E Receives 2024 Excellence in Economic Development Award from IEDC

Innovation 2 Enterprise

i2E Receives 2024 Excellence in Economic Development Bronze Award from the International Economic Development Council IEDC’s annual Excellence Awards honor the economic development organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the profession i2E, Inc.

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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

billion to fraud in 2024 alone, a 25% increase from the previous year. As a homegrown company, Scamnetic is actively contributing to the regions economic development by creating high-skilled jobs, attracting venture capital, and fostering technology leadership. consumers lost over $12.5 billion in 2023.

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NJEDA Partners with AfroTech to Host Major Innovation Event During North to Shore Festival

American Entrepreneurship

June 19, 2024) – The New Jersey Economic Development Authority (NJEDA) and AfroTech have partnered to host AfroTech Executive 2024 in Newark during this year’s North to Shore Festival. AfroTech Executive 2024 will take place on Friday, June 28, 2024, at 3:00 p.m. TRENTON, N.J.

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NJEDA Board Approves Investment of up to $6M into Newark Venture Partners

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. 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 Establishes Diversity Finance Advisory Board

American Entrepreneurship

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. Seelaus & Co.,

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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. headquarters.