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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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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

House Committee on Financial Services Hearing, Beyond Silicon Valley: Expanding Access to Capital AcrossAmerica On March 25, 2025, Revolutions Chairman and CEO, Steve Case, testified before the Committee during a session examining policy proposals to improve capital access. Steve Case Testifies at U.S.

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

American Entrepreneurship

“The New Jersey Innovation Evergreen Fund is a groundbreaking tool that propels New Jersey’s economy forward by leveraging public and private dollars to invest in high-growth start-ups and entrepreneurs, providing a self-sustaining cycle of investment for innovators in need of access to capital,” said NJEDA Chief Executive Officer Tim Sullivan.

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

American Entrepreneurship

“The New Jersey Innovation Evergreen Fund is a groundbreaking tool that propels New Jersey’s economy forward by leveraging public and private dollars to invest in high-growth start-ups and entrepreneurs, providing a self-sustaining cycle of investment for innovators in need of access to capital,” said NJEDA Chief Executive Officer Tim Sullivan.

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

American Entrepreneurship

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.

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