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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. In March 2025, it signed a five-year, $11.9 The company also acquired AI platform developer Weights & Biases for $1.7

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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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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

In response, AppHarvest has plans to launch 12 large-scale greenhouses by 2025. If the company wins, they will help reshape an industry plagued by poor operational practices, help rebuild a region long overburdened by economic neglect, and help alleviate one of the existential global crises of our generation.

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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 Combined, both rounds have awarded over $5 million to support demonstration projects conducted by innovative New Jersey companies, accelerating the commercialization and deployment of clean energy technologies. TRENTON, N.J.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Clothing Distributor

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. The NJEDA is planning for another tax credit auction in 2025 to raise additional capital for further investment.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform

American Entrepreneurship

July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. The NJEDA is planning for another tax credit auction in 2025 to raise additional capital for further investment.

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EDA Awards an additional $210M in Tech Hub Grants Supporting Innovation

American Entrepreneurship

economic and national security. This new round of awards is funded by new appropriations from the Fiscal Year (FY) 2025 National Defense Authorization Act (NDAA). NDAA provisions allow for additional funding of up to $280 million for the Tech Hubs Program in the coming years.

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