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The companys collaboration with the New Jersey EconomicDevelopment 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
March 18, 2025) Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program.
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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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 EconomicDevelopment Board), NX-Food, FEBE Ventures and Blue Horizon. Startups making meat alternatives are gaining traction worldwide.
July 17, 2024) – The New Jersey EconomicDevelopment 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.
July 17, 2024) – The New Jersey EconomicDevelopment 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.
These hubs, often located in cities or regions with a strong focus on tech development, bringing together startups, investors, academic institutions, and industry leaders to drive growth and create new solutions for the economy of tomorrow. economic and national security.
March 13, 2025) Yesterday, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved tax credits under the Emerge Program to support Sun Pharmaceutical Industries Inc.s (Sun About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the States principal agency for driving economic growth.
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February 28, 2025) Earlier this week, four black-owned business owners joined a roundtable discussion to share their stories of opening and growing their businesses in New Jersey. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the States principal agency for driving economic growth.
February 24, 2025) The New Jersey EconomicDevelopment Authority (NJEDA) and the Coriell Institute for Medical Research announced the creation of a new Strategic Innovation Center (SIC) in Camden, leveraging the world-class assets available at Coriell to support biomedical research and innovation.
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