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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. Still, CoreWeaves strategic moves are positioning it for long-term growth. In March 2025, it signed a five-year, $11.9 The company raised $1.5
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.
James Burnes: Ministry of Awesome is a startup ecosystem organisation that is on a mission to drive New Zealand’s economicgrowth through founder-led innovation. You’re also sort of no longer running your classic three-month type accelerator program, which finishes on, say, a demo day. James Burnes: Absolutely.
The Evergreen Fund currently has over $37 million available and is expected to use this to fund initial investments into additional high-growth businesses in New Jersey. The NJEDA is planning for another tax credit auction in 2025 to raise additional capital for further investment.
The Evergreen Fund currently has over $37 million available and is expected to use this to fund initial investments into additional high-growth businesses in New Jersey. The NJEDA is planning for another tax credit auction in 2025 to raise additional capital for further investment.
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.
Driving EconomicGrowth in New Jersey Governor Phil Murphy lauded L’Oral’s investment in the Garden State, emphasizing its role in advancing economicgrowth and job creation. “I am excited that L’Oral has chosen to continue investing in the future of New Jersey,” he said.
The Bell Labs Venture Studio will initially be located at Nokia Bell Labs’ Murray Hill campus by mid-2025 and will later be housed within the NJ Nokia Bell Labs Innovation Center. The venture studio will also assist its ventures with access to a network of academic, corporate, and venture partners to accelerate venture growth.
Strategic Innovation Center will support the growth of local biotech companies and promote regional scientific and biomedical innovation TRENTON, N.J. Coriell scientists work to accelerate scientific discovery by generating world-class biomaterials and conducting groundbreaking research in biobanking and epigenetics.
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