Governor Phil Murphy
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Governor Phil Murphy articles below.
The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ
Freshly will establish an assembly and distribution facility in Gloucester County, NJ — at 234,000 square feet it will be the company’s largest distribution center.
On Thursday, January 14, the New Jersey Economic Development Authority (NJEDA) will host a webinar to provide details on its new Brownfields Loan Program.
The Hartford Region is home to the headquarters of most of the leading global players in the insurance sector. The insurance industry generates more than $16 billion in output in the region, employing more than 70,000.
The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.
Last year, investments in emerging technology life sciences companies through New Jersey's Angel Investor Tax Credit Program totaled more than $33 million.
New rules mean more projects will now be eligible for the program, which aims to repurpose vacant and underutilized suburban properties.
The Community Collaborative Initiative (CCI) will be expanded to nine new municipalities around the state, including Newark and Paterson.