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New Jersey Economic Development Directory


NJ Statewide Economic Development Agencies

New Jersey Chamber of Commerce
Joan Verplanck
President
216 West State Street
Trenton, NJ USA 08608
609-989-7888
joan@njchamber.com
www.njchamber.com
New Jersey Economic Development Authority
Caren Franzini
CEO
P.O. Box 990
Trenton, NJ USA 08625-0990
866-534-7789
servicecenter@njeda.com
www.newjerseybusiness.gov

NJ Utilities

JCP&L/First Energy
Janis Lewandowski
Ecoomic Development Manager, NJ
331 Newman Springs Road, Building 3, Suite 325
Red Bank, NJ USA 07701
732-212-4148
jlewandowski@firstenergycorp.com
www.firstenergycorp.com/ed
New Jersey Natural Gas Company
Don Irvin
Economic Consultant
1415 Wyckoff Road, P.O. Box 1464
Wall, NJ USA 07719
732-938-1217
dirvin@njng.com
www.njliving.com

NJ Regional Economic Development Agencies

Chamber of Commerce, Southern New Jersey
Deborah DiLorenzo
President & CEO
Piazza 6014 at Main Street
Voorhees, NJ USA 08043-4669
856-424-7776
ddilorenzo@chambersnj.com
www.chambersnj.com
Cumberland Empowerment Zone Corporation
Jeanine McDonald
Executive Director
2 North High Street
Millville, NJ USA 08332
856-459-1700
jeanninec@cezcorp.org
www.cezcorp.org
Delaware River Port Authority
John Matheussen
CEO
One Port Center, 2 Riverside Drive, P.O. Box 1949
Camden, NJ USA 08101
856-968-2000
jjmatheussen@drpa.org
www.drpa.org
North Jersey Regional Chamber of Commerce
Gloria Martini
President
Northview Office Park, 1033 Route 46 East, Suite A103
Clifton, NJ USA 07013
973-470-9300
gmartini@njrcc.org
www.njrcc.org
South Jersey Economic Development District
Gordon K. Dahl
Executive Director
226 North High Street, Suite A
Millville, NJ USA 08332
856-765-9700
gordon@sjedd.com
www.sjedd.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

NJ County Economic Development Agencies

Atlantic County Planning & Development
Joseph Maher
Department Head
P.O. Box 719
Northfield, NJ USA 08225
609-345-6700 4434
maher_joe@aclink.org
www.aclink.org
Burlington County Economic Development
Darlene Scocca
Economic Development Representative
50 Rancocas Road, P.O. Box 6000
Mt. Holly, NJ USA 08060
609-265-5055
edcoordinator@co.burlington.nj.us
www.co.burlington.nj.us
County of Passaic Department of Economic Development
Deborah Hoffman
Director
930 Riverview Drive, Suite 250
Totowa, NJ USA 07512
973-569-4720
ecodev@passaiccountynj.org
www.passaiccountynj.org
Cumberland County Department of Planning & Development
Kimberly Wood
Department Director
800 East Commerce Street
Bridgeton, NJ USA 08302-2279
856-453-2211
kimwo@co.cumberland.nj.us
www.co.cumberland.nj.us
Gloucester County Department of Economic Development
Lisa Morina
Executive Director
115 Budd Boulevard
West Deptford, NJ USA 08096
856-384-6930
lmorina@co.gloucester.nj.us
www.gloucestercountynj.gov
Hudson County Economic Development Corporation
Elizabeth Spinelli
Executive Director
601 Pavonia Avenue
Jersey City, NJ USA 07306
201-222-1900
director@hudsonedc.org
www.hudsonedc.org
Mercer County Improvement Authority
Phillip S. Miller
Executive Director
640 South Broad Street, McDade Administration Building, 3rd Floor
Trenton, NJ USA 08650
609-278-8080
pmiller@mercercounty.org
www.mcia-nj.com
Mercer County Office of Economic Development & Sustainability
Elizabeth Maher Muoio
Director
640 South Broad Street
Trenton, NJ USA 08604
609-989-6555
emuoio@mercercounty.org
www.mercercounty.org
Monmouth County Economic Development and Tourism
Amy Fitzgerald

31 East Main Street
Freehold, NJ USA 07728
732-431-7470
afitzgerald@co.monmouth.nj.us
www.visitmonmouth.com

Morris County Economic Development Corporation
Maggie Peters
Executive Director
30 Schuyler Place, P.O. Box 900
Morristown, NJ USA 07963-0900
973-539-8270
mpeters@co.morris.nj.us
www.morriscountyedc.org
Ocean County Department of Planning
David McKeon
Planning Director
P.O. Box 2191
Toms River, NJ USA 08754-2191
732-929-2054
dmckeon@co.ocean.nj.us
www.co.ocean.nj.us
Salem County Department of Economic Development
James G. Waddington
Director
98 Market Street
Salem, NJ USA 08079
856-935-8800
james.waddington@salemcountynj.gov
www.salemcountynj.gov
Somerset County Business Partnership
Michael Kerwin
President & CEO
Chamber of Commerce Building, P.O. Box 833, 360 Grove Street & Route 22 East
Somerville, NJ USA 08876-0833
908-218-4300
mkerwin@somersetbusinesspartnership.com
www.scbp.org
Southern Ocean County Chamber of Commerce
Rick Reynolds
Executive Director
265 West 9th Street
Ship Bottom, NJ USA 08008
609-494-7211 102
rreynolds@sochamber.com
www.sochamber.com
Sussex County Economic Development Partnership, Inc.
Tammie Horsfield
President
120 Hampton House Road
Newton, NJ USA 07860
973-300-1988
thorsfield@scedp.com
www.scedp.com
Union County Economic Development Corporation
Maureen Tinen
President
1085 Morris Avenue, Suite 531
Union, NJ USA 07083
908-527-1166
mtinen@ucedc.com
www.ucedc.com
Warren County Economic Development Corporation
Robert Goltz
President
10 Brass Castle Road
Washington, NJ USA 07882
908-835-9200
info@warrencountychamber.org
www.warreneconomicdevelopment.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

NJ City Economic Development Agencies

Camden County Improvement Authority
James P. Blanda
Executive Director
1909 Route 70 East, Suite 300
Cherry Hill, NJ 08003
856-751-2242
jblanda@camdencounty.com
www.business.camdencounty.com
Choose New Jersey
Michael Chrobak
Chief Economic Development Officer
47 Hulfish St., Suite 400
Princeton, NJ 08542
609-297-2190
mchrobak@choosenj.com
www.choosenj.com
Jersey City Economic Development Corporation
Jersey City Economic Development Corporation
Dan Frohwirth
Director of Real Estate/Marketing
30 Montgomery Street, Suite 820
Jersey City, NJ USA 07302
201-333-7797 ext 32
dan@jcedc.org
www.jcedc.org
Jersey City is the choice of the world’s top businesses, offering affordable, state-of-the-art facilities, proximity to New York, substantial economic incentives/benefits and the state’s largest Urban Enterprise Zone program.
South Jersey Port Corporation
Jay Jones
Deputy Executive Director, Adminstrative Services
P.O. Box 129
Camden, NJ 08101
856-757-4939
jjones@southjerseyport.com
www.southejerseyport.com
Asbury Park Urban Enterprise Zone
Tom Gilmour
Director of Commerce
One Municipal Plaza
Asbury Park, NJ USA 07712
732-502-5749
tom.gilmour@cityofasburypark.com
www.cityofasburypark.com
Avalon Chamber of Commerce
John Allison
President
2989 Ocean Drive
Avalon, NJ USA 08202
609-967-3936
chamber@avalonbeach.com
www.avalonbeach.com
Bayonne Economic Development Corporation
Michael O’Connor
Executive Director
630 Avenue C, Room 10
Bayonne, NJ USA 07002
201-339-0052
bayonne.edc@verizon.net
www.bayonnenj.org
Brick Township Chamber of Commerce
Michele Eventoff
Executive Director
270 Chambers Bridge Road, Suite 6
Brick, NJ USA 08723
732-477-4949
michele@brickchamber.com
www.brickchamber.com
Bridgewater Township
Howard Turbowitz
Economic Development Officer
Municipal Building, 100 Commons Way
Bridgewater, NJ USA 08807
908-725-6300 5090
econofficer@bridgewaternj.gov
www.bridgewaternj.gov
Cherry Hill Township
Natalie Barney
Business Liaison
820 Mercer Street
Cherry Hill, NJ USA 08002
856-432-8706
nshafiroff@chtownship.com
www.cherryhill-nj.com
City of Millville
Donald Ayers
Director of Economic Development
P.O. Box 609
Millville, NJ USA 08332
856-825-7000 5
don.ayers@millvillenj.gov
www.millvillenj.gov
City of Paterson
Yesenia Torrez
Community Development
125 Ellison Street
Paterson, NJ USA 07505
973-321-1212
ytorrez@patersonnj.gov
www.patersonnj.gov
City of Plainfield Public Works & Urban Development
David Brown, II
Director
515 Watchung Avenue
Plainfield, NJ USA 07060
908-753-3375
davidgbrown2@yahoo.com
www.plainfield.com
City of Pleasantville Urban Enterprise Zone
Jacqueline Amado-Belton
Director, Economic & Industrial Development
City Hall, 18 North First Street
Pleasantville, NJ USA 08232
609-484-7359
uez@pleasantville-nj.org
www.pleasantville-nj.org
City of Trenton Division of Economic Development
Jerome C. Harris
Director
City Hall, 319 East State Street
Trenton, NJ USA 08608
609-989-3518
jcharris@trentonnj.org
www.trentonnj.org
City of Vineland
Sandy Forosisky
Director of Economic Development
640 East Wood Street
Vineland, NJ USA 08360
856-794-4000 4619
sforosisky@vinelandcity.org
www.vinelandbusiness.com
East Windsor Township
Sharon Shinkle Gardner
Community Development Director/Business Ombudsman
16 Lanning Boulevard
East Windsor, NJ USA 08520
609-443-4000 246
business_ombudsman@east-windsor.nj.us
www.east-windsor.nj.us
Edison Chamber of Commerce
Barbara Roos
President
336 Raritan Center Parkway
Edison, NJ USA 08837
732-738-9482
president@edisonchamber.com
www.edisonchamber.com
Elizabeth Development Company
Brenda Mcrae
Executive Assistant
288 North Broad Street, 3rd Floor
Elizabeth, NJ USA 07207
908-289-8188
ddevanney@edcnj.org
www.edcnj.org
Franklin Township Chamber of Commerce
Mary Louise Smith
Executive Director
PNC Bank Building, 675 Franklin Boulevard
Somerset, NJ USA 08873
732-545-7044
director@franklinchamber.com
www.franklinchamber.com
Hamilton Township Economic Development
Michael Angarone
Director
2090 Greenwood Avenue
Hamilton, NJ USA 08650
609-890-3519
mangarone@hamiltonnj.com
www.hamiltonnj.com
High Bridge Economic Development Committee
Mark Desire
Mayor
71 Main Street
High Bridge, NJ USA 08829
908-638-6455
mdesire@highbridge.org
www.highbridge.org
Lakewood Chamber of Commerce
Maureen Stankowitz
Executive Director
395 Route 70 West, Suite 125
Lakewood, NJ USA 08701
732-363-0012
maureen@mylakewoodchamber.com
www.mylakewoodchamber.com
Lakewood Township Department of Economic Development
Russell K. Corby
Executive Director
231 Third Street
Lakewood, NJ USA 08701
732-364-2500 5333
corbyrk@lakewoodtwpnj.org
www.twp.lakewood.nj.us
Lambertville Chamber of Commerce

59 North Union Street, Unit B
Lambertville, NJ USA 08530
609-397-0055
info@lambertville.org
www.lambertville.org

New Brunswick Office of Economic Development
Glenn Patterson
Director
P.O. Box 269
New Brunswick, NJ USA 08903-0269
732-745-5050
gpatterson@cityofnewbrunswick.org
www.cityofnewbrunswick.org
Newark Department of Housing & Economic Development
Stefan Pryor
Deputy Mayor
City Hall, 920 Broad Street, 2nd Floor, Room 218
Newark, NJ USA 07102
973-733-6575
pryors@ci.newark.nj.us
www.ci.newark.nj.us
Ocean Grove Area Chamber of Commerce
45 Pilgrim Pathway
Ocean Grove, NJ USA 07756
732-744-1391
info@oceangrovenj.com
www.oceangrovenj.com
The Trenton Downtown Association
Taneshia Nash Laird
Executive Director
23 East State Street
Trenton, NJ USA 08608
609-393-8998 11
tnl@trentondowntown.com
www.trenton-downtown.com
Township of Egg Harbor
Peter J. Miller
Township Administrator
3515 Bargaintown Road
Egg Harbor Township, NJ USA 08234-8321
609-926-4027
pmiller@ehtgov.org
www.ehtgov.org
Union Township Chamber of Commerce
Meera Rao
Executive Director
355 Chestnut Street, 2nd Floor
Union, NJ USA 07083
908-688-2777
executivedirector@unionchamber.com
www.unionchamber.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

NEW JERSEY State Incentives

NEW JERSEY PARTNERSHIP FOR ACTION: A three-pronged public-private approach to economic development and the starting point for all initiatives, policies and efforts to grow New Jersey’s economy and create quality, sustainable jobs in our communities. The three elements of the Partnership include Choose New Jersey, an independently funded and operated 501(c)(3) nonprofit corporation created to encourage and nurture economic growth throughout New Jersey; the Business Action Center, which reports directly to the Lieutenant Governor and provides the business community with a single point of contact, applying a proactive, customer-service approach to businesses’ interactions with State government; and, the New Jersey Economic Development Authority (EDA), serving as the state’s “bank for business.”

The ECONOMIC REDEVELOPMENT AND GROWTH (ERG) PROGRAM is a reimbursement incentive that enables developers to use up to 75 percent of new State and/or local incremental taxes generated from a project to fund financing gaps. The program provides up to 20 percent of the total project cost, paid out over a period of up to 20 years. Redevelopment projects in qualifying areas that have secured a municipal ordinance and demonstrated sufficient net benefits may be eligible for assistance.

URBAN TRANSIT HUB TAX CREDIT PROGRAM: A financial tool designed to spur private capital investment, business development and employment by providing tax credits for businesses planning a large expansion or relocating to one of New Jersey’s designated Urban Transit Hubs. The program offers developers, owners or tenants up to 100 percent of a qualified capital investment made within an eight period. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability. Developers or owners must make a minimum $50 million capital investment in a single business facility, and at least 250 full-time employees must work at that facility. Tenants in a qualified business facility can represent at least $17.5 million of the capital investment in the facility, and up to three tenants may aggregate to meet the 250 employee requirement.

The BUSINESS EMPLOYMENT INCENTIVE PROGRAM (BEIP) is a powerful incentive that encourages businesses to locate and expand in New Jersey. Approved businesses receive annual cash grants based on the number of new jobs created in the State. In order to qualify, businesses must create at least 25 new jobs within a 2-year period; emerging high technology and biotech companies’ eligibility threshold is 10 new jobs. A business must also demonstrate that the BEIP grant is a “material” factor in moving the job expansion or relocation forward in New Jersey, and that it is economically viable. The standard BEIP incentive is limited at 50 percent of the employees’ state income taxes withheld on the newly created jobs; however, companies that meet certain Smart Growth objectives can have their grant boosted to 80 percent. Qualifying businesses may be eligible for up to 10 years worth of grants, though they must maintain the project and the jobs in New Jersey for at least 1.5 times the number of years the grant is in effect.

The BUSINESS RETENTION & RELOCATION ASSISTANCE GRANT (BRRAG) is a recently enhanced program designed to help companies preserve jobs, expand operations and reinvest in New Jersey. The program provides corporate business tax credits to companies that are relocating operations within New Jersey and retaining at least 50 full-time jobs. Up to $2,250 per year for up to six years is now available per each job retained in the State. The award amount is dependent on the application of “bonus credits,” which may be available for the relocation of jobs to urban centers, and/or for a capital investment at least twice that of the value of the awarded credits. The number of times the yearly tax credit amount is awarded is dependent on the number of retained jobs. Companies must commit to remaining in the State for the tax credit term and an additional five years. For leased project locations, the business must sign a written lease for a period of no less than the commitment duration or eight years, whichever is greater. The total amount of credits that can be applied against a single company’s tax liability in a fiscal year may not exceed $10 million.

SALES AND USE TAX EXEMPTION PROGRAM (STX), a program often used in conjunction with BRRAG that offers companies a sales tax exemption certificate which applies only to property purchased for installation at the approved project site. This certificate allows the business to purchase machinery, equipment, furniture, fixtures, and building materials for the project without the imposition of the state’s 7 percent sales tax. Eligible companies must have 1,000 or more employees in New Jersey and relocate 500 or more to a new business location. Life sciences or manufacturing companies may be eligible if they relocate 250 or more employees to a new facility. Companies must maintain the retained full-time jobs in New Jersey for five years.

BOND FINANCING: A creditworthy manufacturing company, a 501(c)(3) not-for-profit organization or an exempt facility in New Jersey can apply for long-term financing under the Bond Financing Program. $500,000 to $10 million in tax-exempt bonds for for-profit companies, with either a fixed or variable interest rate, and terms up to 20 years for real estate and 10 years for equipment. Or, $500,000 with no dollar limit in tax-exempt bonds for qualified not-for-profit organizations.

Tax-exempt bonds for eligible for-profit companies can be used to finance capital improvements and expansions, including real estate acquisitions, new equipment, machinery, building construction, and renovations. Tax-exempt bonds for not-for-profit organizations seeking capital to expand community services can be used to finance land and building acquisitions, new construction and renovations, equipment purchases, debt refinancing and working capital. Government tax-exempt bonds can be used for projects that are owned and operated for the benefit of local, county and state government bodies.

SMALL BUSINESS FUND: An expedited approval process provides financial assistance to qualified businesses through direct loans or guarantees, with the choice of a variable or fixed interest rate. A small, minority-owned or women-owned business in NJ in operation for at least one full year or not-for-profit corporation in operation for at least three full years may qualify for up to $300,000 for credit scores greater than or equal to 700; up to $125,000 for credit scores greater than or equal to 650; and up to $300,000 for Not-for-Profits with 1.1X historical debt service coverage. It may be used for fixed assets and working capital.

ENERGY EFFICIENCY REVOLVING LOAN FUND (EE RLF): New Jersey-based commercial, institutional or industrial entities (including 501(c)(3) organizations) that have received an approved Energy Reduction Plan under the NJ Board of Public Utilities’ Pay for Performance program may be eligible for supplemental financing through the EE RLF. Also eligible are those entities participating in the NJ Board of Public Utilities’ Large Energy Users Pilot Program. Financing, in the form of low-interest loans, can be used to support up to 80 percent of total eligible project costs, not to exceed $2.5 million or 100 percent of total eligible project costs from all public State funding sources. Funds can be used for whole-building energy improvements.

NEW JERSEY BUSINESS GROWTH FUND: A joint program of the EDA and PNC Bank. Small or mid-sized companies that are creating or retaining jobs in NJ can apply for financing of up to a $3 million bank loan with a 25 percent or 50 percent EDA guarantee. The maximum EDA guarantee is $1.5 million. It can be used for the funding of real estate or equipment. Companies must commit to create one full-time job in NJ for every $50,000 of guarantee provided by the EDA with the exception of manufacturers, which must commit to maintain one existing full-time job in New Jersey per $50,000.

EDISON INNOVATION CLEAN ENERGY MANUFACTURING FUND (CEMF): Provides support for manufacturers that need to identify a manufacturing site, perform site improvements, construct a facility and/or purchase equipment. Organizations awarded a grant under CEMF are automatically certified as a NJ manufacturer through New Jersey’s Renewable Energy Manufacturing Incentive (REMI) program. REMI provides rebates to New Jersey residents, businesses, local governments and not-for-profit organizations that purchase and install solar panels, inverters and racking systems manufactured in NJ.

A qualified manufacturer of Class I renewable energy or energy efficiency systems, products or technologies may be eligible for up to $3.3 million in grants and loans for project assessment and design, and project construction and operation associated with a new manufacturing line or the material expansion of an existing line of a New Jersey manufacturing facility.

EDISON INNOVATION ANGEL GROWTH FUND: Leverages private angel investors in support of early-stage, emerging technology businesses in a less dilutive manner than equity. An angel supported NJ-based technology company with minimum trailing 12 month commercial revenues of $500,000 derived from core business activities, such as the sale of technology products can apply for growth capital of up to $250,000 to be used for key hires, product rollout, product enhancement and marketing/sales.

MAIN STREET BUSINESS ASSISTANCE PROGRAM: Provides financial support to commercial banks in New Jersey to provide financial assistance to small and mid-sized businesses and not-for-profit organizations with projects in NJ. It can provide direct loans, bank term loan participations and/or guarantees and line of credit guarantees for small or mid-sized business or not-for-profit organizations in operation in NJ for at least two years. Can be used for fixed assets, refinancing of debt or working capital.


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