Total includes over $500K recently awarded to 17 startups TRENTON, N.J. (February 16, 2023) – The New Jersey Commission on Science, Innovation and Technology (CSIT) has awarded a total of $2.425 million in matching grants to more than 80 startups since 2020 through its NJ Small Business Innovation Research (SBIR) and Small Business Technology [...]
NJEDA - Assistance available to indoor amusement centers and arcades will help offset COVID-19 pandemic-related losses TRENTON, N.J. (February 9, 2023) –The New Jersey Economic Development Authority (NJEDA) Board approved yesterday the creation of a grant program that will help indoor amusement parks, arcades, and entertainment centers rebound from the [...]
January 2023 Jobs Report: More Strong, Steady GrowthToday, the Bureau of Labor Statistics reported that the American economy added 517,000 jobs in the month of January, and the unemployment rate ticked down to 3.4 percent, the lowest rate since May of 1969.With 12.1 million jobs added since President Biden took office and [...]
Competitive Program Helps Attract Long-Term Investment While Preserving NJ’s Historic StructuresTRENTON, N.J (February 1, 2023) – Applications for the 2023 round of funding for the New Jersey Historic Property Reinvestment Program (HPRP) are now open, the New Jersey Economic Development Authority (NJEDA) has announced. Applications for Regular and Transformative Projects will be accepted until 2:00 p.m. [...]
Administrator Guzman Transforms SBA’s Disaster Enterprise to Strengthen Support for Disaster-Impacted Communities The Reimagined Office of Disaster Recovery & Resilience Will Position SBA to Support the Biden-Harris Whole-of-Government Climate Change Response WASHINGTON – Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s [...]
WASHINGTON – The U.S. Department of Labor announced today that it is accepting applications for the 2023 HIRE Vets Medallion Award. The award is presented annually to employers that meet standards for excellence in the recruitment, hiring and retention of America’s military veterans.Initiated by the Honoring Investments in Recruiting and Employing American [...]
Most people know that the U.S. Census Bureau measures the nation’s population once every 10 years. But fewer know that every five years, it conducts another important survey that measures the nation’s businesses to give us a comprehensive measure of U.S. economic activity across more than 21,000 [...]
Opportunity for stakeholders to learn about this first-in-the-nation investment program TRENTON, N.J. (January 20, 2023) – The New Jersey Economic Development Authority (NJEDA) will hold a virtual information session to provide venture capitalists, private equity investors, and New Jersey startups with information on how they can access capital from the New Jersey [...]
TRENTON – New Jersey’s labor market grew slightly in December, adding 1,400 nonfarm jobs to a seasonally adjusted level of 4,265,700, according to preliminary estimates produced by the U.S. Bureau of Labor Statistics. Private sector employment rose by 100 jobs for the month, continuing a streak of 32 consecutive months of growth starting in May 2020. The unemployment rate held steady [...]
State Will Allocate $228 Million in Federal Community Development Block Grant Disaster Recovery Funds to Address Housing Needs, Resilient Infrastructure Projects, and Other Critical Recovery InitiativesTRENTON, NJ – The Murphy Administration today announced the federal government’s approval of New Jersey’s plan to spend $228 million of federal Community Development Block [...]
