tax credits

Next New Jersey Manufacturing Program bill signing
Sep 23, 2025

Applications to open for $500M New Jersey manufacturing program

The New Jersey Economic Development Authority will oversee the initiative, which offers major tax credits to boost jobs and investment. Find out how to participate here.

Next New Jersey Manufacturing Program bill signing
Sep 8, 2025

Law enacted with bipartisan support provides $500M for NJ manufacturing

Following its launch, New Jersey's Next Manufacturing Program moves ahead with NJEDA draft rules, a clean energy focus and job-creating incentives.

Assistant holding clapperboard
Aug 4, 2025

More NJ towns certified to attract film and TV production

The stated added 21 additional municipalities and two counties as Film Ready communities, expanding efforts to attract film and TV productions statewide.

Flood-damaged downtown Millburn following Hurricane Ida in September 2021.
Jul 21, 2025

OPINION: Firewall Act would deliver disaster protection with tax credits

Insurance professionals back the bipartisan federal legislation, which would offer tax credits to homeowners to help take necessary steps to prepare themselves against climate-related risks.

Gov. Phil Murphy delivered his Fiscal Year 2026 Budget Address in the general assembly chambers of the State House on Feb. 25, 2025.
Jul 3, 2025

Murphy signs bills to grow NJ startups, boost innovation

The measures will expand certain tax breaks and programs, including bringing updates to the Angel Tax Credit and Evergreen Fund.

Nokia Bell Labs will move its headquarters from Murray Hill to the H-2 tower at HELIX NJ in New Brunswick. - PROVIDED BY SJP PROPERTIES
Jul 3, 2025

Nokia Bell Labs HQ breaks ground at HELIX NJ in New Brunswick

Things are getting busier in New Brunswick, as SJP Properties starts construction on the 10-story, 370,000-square-foot tower that the innovative company will move to from Murray Hill.

Aerial panorama of Trenton New Jersey skyline
Jun 13, 2025

$12M tax credit to transform Trenton church

The historic preservation award from the NJEDA will help rehabilitate the circa 1839 building into a new arts and events space downtown.

Assistant holding clapperboard
Jun 2, 2025

NJ film boom driven by tax credits, flourishing infrastructure

The industry is thriving thanks to tax credits, initiatives such as the NJ Film Expo and NJ Film Ready and growing infrastructure, positioning the state as a major U.S. production hub.

New Jersey dollars
May 19, 2025

Exclusive: Study finds NOL program fuels $28B in economic impact

The assessment of the New Jersey Economic Development Authority’s Net Operating Loss Program also found that the initiative has helped nearly 600 tech firms grow since 1999.

Manufacturing
May 15, 2025

Bipartisan NJ bill backs $500M in manufacturing credits

The legislation would target clean energy and advanced industries to incentivize in-state industry growth and job creation.

Researcher
Mar 13, 2025

Sun Pharma expanding Princeton HQ with $5.2M in tax credits

The world's fourth-largest specialty generic pharmaceutical company's new Princeton location will create 220 jobs and keep “hundreds" of positions in-state.

Nokia announced plans to relocate its campus in Murray Hill by 2028 to HELIX, a new state-of-the-art research and development facility in New Brunswick.
Mar 12, 2025

Nokia Bell Labs’ future HELIX HQ approved for $103M in Aspire tax credits

Officials celebrated the move as advancing the local innovation economy statewide, as well as for the anticipated benefits it will bring to New Brunswick.