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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. Today, it operates 32 data centers and supports over 250,000 Nvidia GPUs, serving clients like Microsoft, Meta, and OpenAI. The company recently announced a $1.2
In a significant boost to the venture capital landscape of Central Pennsylvania, the region is set to benefit from the establishment of the Keystone Innovation Fund II, thanks to a generous grant of $412,598 from the US EconomicDevelopment Administration’s ‘Build to Scale Capital Challenge.’
HHG Drums manufactures high-end snare drums using a unique solid wood construction and Nurse Navigator Solutions offers external nurse navigation services to urology medical practices and their patients. The support of the PA Department of Community & EconomicDevelopment also was instrumental in establishing SUA.
Below are brief descriptions of the innovations developed by the companies most recently funded: Elements Aligned, located in Erie County , provides the commercial architectural and construction industry with a system for securely fastening easy-to adjust, modular wall panels directly to conventional steel stud framing.
April 24, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.
September 5, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) is now accepting applications for the Construction Inflation Fund, which will provide grants for development projects experiencing increased construction costs and funding gaps resulting from inflation caused by the COVID-19 pandemic.
June 13, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking insight from qualified stakeholders on opportunities to accelerate building decarbonization within the commercial building sector. TRENTON, N.J.
Fisher’s Popcorn officials presented to Delaware’s Council on Development Finance an application for a Jobs Performance Grant of $60,000 and a Capital Expenditure Grant of $145,500 from the Delaware Strategic Fund to support the company’s investment in construction, fit-out costs and new equipment.
June 21, 2023) – In May , the New Jersey EconomicDevelopment Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge). TRENTON, N.J.
Over $19 Million will Support Capital Projects to Improve Local Neighborhoods TRENTON, N.J. December 14, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program.
December 19, 2023) – Last week, the N ew Jersey EconomicDevelopment Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) Funding will go towards purchasing supplies and materials to complete the restoration and support artist stipends.
NJ’s Strategic Innovation Center will support 100 new companies over next five years, generating at least 2,500 new jobs NEWARK, N.J. HAX, a startup development program for pre-seed hard tech companies, with offices across the world, supports startups and entrepreneurs through investment capital, mentorship, and collaboration.
Small businesses encouraged to take advantage of the Small Business E-Commerce Support Program to develop website, marketing plan & implement online ordering TRENTON, N.J. Since the Small Business E-Commerce Support Program launched, the NJEDA has connected 152 small businesses to consulting firms, representing over $1.1
November 21, 2023) – Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.
Newark, NJ — Choose New Jersey, New Jersey’s leading nonprofit economicdevelopment organization, today announced that Enzene Biosciences, Ltd., New Jersey’s favorable business environment, skilled workforce, strategic location, supportive ecosystem for growth, and deep cultural ties are why Indian companies thrive in our state.
Fortunately, there are a wide range of organizations that specifically want to support you, not just the VC community. The Clayton, Dubilier & Rice Fund for Entrepreneurial Studies supports entrepreneurs attempting to build something that advances business and society in revolutionary ways. “. Future Labs Flash Pitch. “For
The company recently moved much of its operations to a temporary site on Reads Way in New Castle near where construction on its new facility is ongoing. The expansion includes building 10,864 square feet of research and development and manufacturing-focused lab spaces along with more than 4,216 square feet of additional new space.
The KSGC program, launched in 2016, supports international startups that want to enter the Korean market and further explore the Asian region. The program supports startups financially and gives them multiple opportunities to network with top tech companies, VCs, mentors, etc. Besides the 3.5-month Besides the 3.5-month
As part of our global environmental strategy, Impact Hub is dedicated to supporting green ventures in scaling their solutions rapidly. Our aim is to provide the necessary support for green ventures in our pipeline to succeed. Check out this video to learn more about the platform and hear from the Impact Hub Accra team themselves.
Scaling green ventures: meet the innovators accelerating climate action In a world echoing with the urgent call for environmental change, the Impact Hub Network is committed to supporting innovative green ventures for a brighter tomorrow. At Impact Hub, we are dedicated to supporting green ventures in scaling their solutions rapidly.
Fortunately, there are a wide range of organizations that specifically want to support you, not just the VC community. The Clayton, Dubilier & Rice Fund for Entrepreneurial Studies supports entrepreneurs attempting to build something that advances business and society in revolutionary ways. “.
The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. It’s a project that startups like BlocPower are already deeply involved in supporting.
David Hunter with ASAPmaps has developed a service that connects with your Google My Business listing to help you reach more customers and show up when it counts. Joel Marz with Efficient Nomad is providing the architectural design, engineering, and construction of custom, unique, and economical, single family homes.
Strategic Innovation Center will support the growth of local biotech companies and promote regional scientific and biomedical innovation TRENTON, N.J. The project is expected to create approximately 150 new permeant jobs, plus 100 construction jobs.
million in construction fit-out, including site upgrades and installation of new and relocated equipment, at its existing 152,000-square-foot facility at 1500 Johnson Way in New Castle. For its consolidation and expansion, the company plans to invest $3.2
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