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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. Despite the IPOs scale, investor enthusiasm was tempered by concerns over CoreWeaves financial sustainability. In March 2025, it signed a five-year, $11.9

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

Revolution

The company’s sustainable growing techniques yield nutritious, chemical pesticide-free non-GMO fruits and vegetables at scale, using 90 percent less water than traditional open-field agriculture and 100 percent recycled rainwater. In response, AppHarvest has plans to launch 12 large-scale greenhouses by 2025.

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CSIT Awards Grant Funding to Seven Innovative Startups Aiming to Strengthen NJ’s Food Security Efforts

American Entrepreneurship

January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program. TRENTON, N.J.

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Plant-based food startup Next Gen lands $10M seed round from investors including Temasek

TechCrunch

The company announced today that it has raised $10 million in seed funding from investors including Temasek, K3 Ventures, EDB New Ventures (an investment arm of the Singapore Economic Development Board), NX-Food, FEBE Ventures and Blue Horizon. Startups making meat alternatives are gaining traction worldwide.

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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.