County, Municipal, Private Sector, and Labor Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation December 18, 2020, 8:32 pm | in
County, Municipal, Private Sector, and Labor Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation
12/18/2020
TRENTON – Today, 40 leaders from across the state expressed their support for the New Jersey Economic Recovery Act of 2020, which will be voted on in the Legislature on Monday. Today’s announcement builds upon 34 New Jersey leaders issuing support for the package yesterday, bringing the total to 77 supporters, including the Governor, Senate President, and Speaker:
COUNTY AND MUNICIPAL OFFICIALS
“Governor Murphy, thank you for everything you have done, and continue to do, to provide help to the citizens and businesses of New Jersey during these trying times,”
The
Morgan Stanley Multicultural Innovation Lab (MSMIL), an accelerator that helps startups led by women and people of color gain funding, has been named the first participant in the NJ Accelerate.
The New Jersey Economic Development Authority (NJEDA), which launched the NJ Accelerate, announced the partnership, one of the first times that a state has teamed up with a major financial company on such a program.
The accord comes as the MSMIL will expand its program starting in winter 2021 to typically invest $250,000 in such a startup, an increase from $200,000 in prior cohort companies. The new initiative is needful capital-wise. Black founders receive less than 1% of venture capital funds annually, and Black women founders account for less than that, the
Press Releases
Ahead of Senate and Assembly Committee Hearings, New Jersey Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation December 17, 2020, 11:10 pm | in
Ahead of Senate and Assembly Committee Hearings, New Jersey Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation
12/17/2020
“This long-awaited incentive reform package will offer valuable support to the state’s entrepreneurial and innovation ecosystem. It is both comprehensive and sufficiently funded to help attract and retain more companies,”
said James Barrood, Advisor at Tech Council Ventures. “The investor community is pleased to see Evergreen funding and increases in the state’s popular angel credit and NOL programs. I am also encouraged by the Main Street Recovery programs and the additional funds supporting minority businesses. Our small business community, especially our minority-owned businesses, have been battered by this brutal pandem
Flemington hopes $100K grant will further downtown revitalization
FLEMINGTON This historic borough is the county seat and already a main artery through Hunterdon County. But a $100,000 Opportunity Zone grant from the New Jersey Economic Development Authority is giving local officials hope it will be more than just a point on a map and more like a destination and gateway.
Enter your number to get our free mobile app
Patrick Lavery is New Jersey 101.5 s afternoon news anchor. Follow him on Twitter @plavery1015 or email patrick.lavery@townsquaremedia.com.
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Necessary