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Report: Secrecy, transparency violations marred Port Authority-Amazon deal

A hedge fund watchdog group alleges that the bi-state agency rushed through a multimillion dollar arrangement with the retail giant to redevelop two aging airport buildings into a 250,000-square-foot air cargo campus in Newark via backroom talks, and without any community input.

Read the full story

Murphy order requires COVID vaccine for state contractors

The governor had no estimate on how many workers the move would affect, but suggested that it would climb to the thousands over time.

LISC partners with NJ FAM Fund to invest up to $25M (access required)

The New Jersey 40 Acres and a Mule Fund, a private investment vehicle to reduce socio-economic disparities stemming from systemic racism, is partnering with Local Initiatives Support Corp.’s Black Economic Development Fund to enable co-investment opportunities in the Garden State.

Deadline approaching for state-run startup assistance program

Investors have until Nov. 1 to apply for the Angel Investor Tax Credit, a $35 million initiative meant to alleviate fears about putting money behind startups by offering a 20% guaranteed return on investment.

Bloomfield College seeks monetary support to avoid closure next year

The 153-year-old school – where more than 85% of students are people of color, 71% are eligible for Pell Grants, and the family median income is below $32,000 – said that its primary source of revenue is tuition, but that enrollment has gradually declined over the past decade.

Report: Secrecy, transparency violations marred Port Authority-Amazon deal

A hedge fund watchdog group alleges that the bi-state agency rushed through a multimillion dollar arrangement with the retail giant to redevelop two aging airport buildings into a 250,000-square-foot air cargo campus in Newark via backroom talks, and without any community input.

Read the full story

Murphy order requires COVID vaccine for state contractors

The governor had no estimate on how many workers the move would affect, but suggested that it would climb to the thousands over time.

LISC partners with NJ FAM Fund to invest up to $25M (access required)

The New Jersey 40 Acres and a Mule Fund, a private investment vehicle to reduce socio-economic disparities stemming from systemic racism, is partnering with Local Initiatives Support Corp.’s Black Economic Development Fund to enable co-investment opportunities in the Garden State.

Deadline approaching for state-run startup assistance program

Investors have until Nov. 1 to apply for the Angel Investor Tax Credit, a $35 million initiative meant to alleviate fears about putting money behind startups by offering a 20% guaranteed return on investment.

Bloomfield College seeks monetary support to avoid closure next year

The 153-year-old school – where more than 85% of students are people of color, 71% are eligible for Pell Grants, and the family median income is below $32,000 – said that its primary source of revenue is tuition, but that enrollment has gradually declined over the past decade.

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