New Jersey Economic Development Authority | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The $300-400 million New Jersey Wind Port will be the biggest investment in Salem County in a generation and could create up to 1,500 jobs and $500 million in economic activity.


https://businessfacilities.com/2020/06/new-jersey-to-develop-first-purpose-built-offshore-wind-port-in-u-s/
The $300-400 million New Jersey Wind Port will be the biggest investment in Salem County in a generation and could create up to 1,500 jobs and $500 million in economic activity.

New Jersey Economic Development Authority

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. New Jersey Economic Development Authority articles below.


New Jersey To Develop First Purpose-Built Offshore Wind Port In U.S.

The $300-400 million New Jersey Wind Port will be the biggest investment in Salem County in a generation and could create up to 1,500 jobs and $500 million in economic activity.

NJEDA Launches Initiatives For Businesses Impacted By COVID-19

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.

New Jersey Tax Credit Program Supported 32 Companies In 2019

Last year,  investments in emerging technology life sciences companies through New Jersey's Angel Investor Tax Credit Program totaled more than $33 million.

NJEDA And NJIT Partner To Create Brownfields Assistance Center

Brownfields Center will provide a variety of technical assistance and resources to assist New Jersey communities with the process of transforming their brownfield sites into community assets.

NJEDA Re-Launches 21st Century Redevelopment Program

New rules mean more projects will now be eligible for the program, which aims to repurpose vacant and underutilized suburban properties.

Snapshots: 60 Seconds With Jose Lozano, Choose New Jersey

Jose Lozano, President and Chief Executive Officer, Choose New Jersey, Inc., discusses the state's workforce development plans, plus efforts to encourage its innovation ecosystem.

New Jersey Expands Brownfields Loan Program

The New Jersey Economic Development Authority (NJEDA) has approved a new Brownfields Loan Program that will provide low-interest financing to help complete remediation of vacant or underutilized brownfields sites.

New Jersey Expands Brownfields And Urban Development Efforts

The Community Collaborative Initiative (CCI) will be expanded to nine new municipalities around the state, including Newark and Paterson. 

Teva Pharmaceuticals Moving U.S. Headquarters To New Jersey

The Israel-based global pharmaceutical company will transfer and create more than 800 jobs to Parsippany-Troy Hills, NJ with help from state tax credits.

Vineland Offers Competitive Advantages In The Garden State

The food processing sector is thriving in Vineland, a South Jersey gem that offers ease of access to key markets along the East Coast and in Canada.

New Jersey Tax Credits Encourage Job Creation, Investment

Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.

Billtrust Expanding, Creating 200 New Jobs In New Jersey

With help from Grow NJ, the payment cycle management software company is expected move to its new Lawrenceville headquarters in Spring 2018.

Tax Credits Help New Jersey Manufacturers Create Jobs

Three manufacturing projects expected to create a total of 390 jobs have been approved to receive tax credits under the Grow New Jersey Program.

New Jersey Companies To Share Over $35M

The 40 growing technology and biotech companies will share the New Jersey Technology Business Tax Certificate Transfer Program funds in FY2017.

Grow NJ Tax Credits Approved For Manufacturing, Tech, Finance Companies

The approved projects are expected to result in the creation of 900 new jobs and more than $27 million in investment in New Jersey in key industry sectors.

World Business Lenders Moves HQ To Jersey City

By the end of the year, 225 employees will be located at the financial services company’s new Jersey City, NJ corporate headquarters.

New Jersey EDA Awards Corning Pharmaceutical Glass $8.3M

The Grow NJ program award targets job creation and will help the company grow in Vineland, yielding a net benefit of $20.4M back to the state over 20 years.

New Jersey’s CCIT Helps Companies Generate Over $130M In Revenues

The Commercialization Center for Innovative Technologies (CCIT), the Garden State’s leading life sciences incubator, is a hub of activity within New Jersey’s technology sector.

Bayer Tackles Environmental Challenges With NJ’s Clean Energy Program

Pay for Performance incentives from New Jersey's Clean Energy Program help Bayer turn vacant buildings into showcase of energy innovation for construction of new U.S. headquarters.

NJ Angel Investor Tax Credit Program Injects $125M In Tech Companies

Technology and biotechnology companies around New Jersey invested more than $51 million in 2015.

New Jersey EDA Awards $47.4M To Tech, Biotech Companies

The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.

World’s Largest Indoor Vertical Farm To Be Developed In Newark, NJ

Industrial site will be turned into AeroFarms' new global corporate headquarters, bringing 78 new jobs to Newark.

Subaru Looking To Move HQ From Cherry Hill To Camden, NJ

Final decision is expected by April 2015 and subject to this approval, Subaru plans to complete the project by fourth quarter, 2016 or early 2017.

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Developers can maximize cost credits up to 40 percent for projects in Paterson, Passaic, Trenton and Camden.

SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

With $60 billion in federal recovery aid and new initiatives, New York and New Jersey are gearing up to rebuild from the historic cataclysm that devastated the region last fall. From the March/April 2013 issue

Locus Energy Moves From NYC to Hoboken, NJ

Locus Energy recently moved from New York to temporary space in Hoboken while its new, permanent location in New Jersey is renovated following damage from Hurricane Sandy.

Amazon To Open Fulfillment Center In Robbinsville, NJ

The new one million-square-foot facility in Mercer County, NJ is expected to create hundreds of jobs when it opens in early 2014.

Business Facilities & COVID-19

One Atlanta: Economic Mobility, Recovery And Resiliency Plan Launched

The mayor, in partnership with Invest Atlanta and WorkSource Atlanta, created the initiative to help Atlanta families and hometown businesses survive the COVID-19 pandemic.

Top 10 Issues Affecting The Real Estate Industry

COVID-19 and economic renewal top The Counselors of Real Estate's list of issues expected to have the most significant impact on real estate in 2020-2021.

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