TRENTON – The New Jersey Economic Development Authority (NJEDA) Board today approved a suite of new programs designed to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.
TRENTON –Three state senators on Monday said they’ve sued Gov. Chris Christie’s administration seeking to slam the brakes on the governor’s $300 million renovation of the historic Statehouse. The lawmakers — two Republicans and a Democrat — say the Christie administration violated the state constitution by cheating the Legislature and the public out of their say… Read the rest of this entry »
A top Christie Administration official told the Fort Monmouth Economic Revitalization Agency (FMERA) that they had no choice but to allocate 14 2 story living units in the Suneagles Golf Course area of the fort, located in Eatontown, for use as quarantine housing for travelers returning from West Africa who may have been exposed to Ebola, according to an official familiar with the situation who asked not to be named in this story.
Bruce Steadman, Executive Director of FMERA, and some members for the FMERA board resisted the Ebola quarantine facility being located at Fort Monmouth when they were approached by NJ Department of Human Services (DHS) Commissioner Jennifer Valez Esq. last fall. Michele Brown, then Chief Executive Officer of the New Jersey Economic Development Authority , informed Steadman that the quarantine facility was a fait accompli, according to the source.
The next New Jersey Founder and Funders Event in on December 9
The second New Jersey Founders & Funders Event held by the New Jersey Economic Development Authority (EDA), on Sept. 17, 2014, was a resounding success, according to startup entrepreneurs at the event who spoke with NJTechWeekly.com. Founders and Funders event | NJ EDA Thirty startups from New Jersey were pre-matched with 17 angel and venture capital… Read the rest of this entry »
Havana Tropical Café, a Cuban Restaurant which was destroyed by Superstorm Sandy, was awarded a $50,000 Stronger NJ Business Grant by the Christie Administration this week, according to a release by the NJ Economic Development Authority.
The Stronger NJ Business Grant program is funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD). Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. To date, 374 grants have been approved totaling $18.1 million. An additional $24 million in loans have been approved by EDA through the program. This includes 11 grants in Highlands and 60 in all of Monmouth County.
SEASIDE PARK — Business and community leaders emerged from a private meeting with Gov. Chris Christie this afternoon relieved and impressed as the state announced it would offer $50,000 grants and $5 million in no-interest loans to each business owner…
Jonathan Perelman, CPA | Friedman LLP A clinical-stage biopharmaceutical firm is the first beneficiary of an investment from an angel using the New Jersey Angel Investor Tax Credit program. Approved at the New Jersey Economic Development Authority (…