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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. The company reported $1.92
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.
December 14, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. The program will be open to for-profit and non-profit entities responsible for overseeing a real estate development project in Atlantic City.
May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey EconomicDevelopment Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. headquarters.
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. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economic growth.
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.
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. Wind energy is our future.
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.
“Since 2011, the Bluhm/Helfand Social Innovation (BHSI) Fellowship has supported the work of 36 innovators—representing the United States as well as 18 other countries on five continents—who address pressing global issues, from healthcare delivery to college persistence and sustainableconstruction in developing nations.
We actively scout, support, and scale green ventures that are focused on decarbonising industries that are major contributors to greenhouse gas (GHG) emissions, such as renewables, construction, food & agriculture, mobility, and more. On November 30th, Impact Hub Accra unveiled their Net Zero Electric Mobility Platform.
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.) $10M A.R.T. The following entities were approved for grants today: Newark Alliance, Inc.
We actively scout, support, and scale green ventures that are focused on decarbonising industries that are major contributors to greenhouse gas (GHG) emissions, such as renewables, construction, food & agriculture, mobility, and more. On 30th November, Impact Hub Accra unveiled their Net Zero Electric Mobility Platform.
“Since 2011, the Bluhm/Helfand Social Innovation (BHSI) Fellowship has supported the work of 36 innovators—representing the United States as well as 18 other countries on five continents—who address pressing global issues, from healthcare delivery to college persistence and sustainableconstruction in developing nations.
Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. Part of the money frm the Biden plan will aim to redevelop brownfields and turn them into more sustainable businesses.
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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