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NJEDA awards first Next NJ Manufacturing tax credit
NJEDA awards first Next NJ Manufacturing tax credit to Starman New Photonics for its $150 million AI manufacturing project set for Somerset County.
NJEDA CEO Weiss starts with listening tour to ease business delays
NJBIZ caught up with new leader Evan Weiss amid his statewide listening tour to address business delays, streamline programs and improve access for companies across New Jersey.
NJ appellate court upholds dismissal of Norcross indictment
Citing deficient charges and time, the panel affirmed an earlier decision that dismissed racketeering charges against George Norcross and five co-defendants.
Choose New Jersey highlights global economic gains (photos)
Under the Murphy administration, the organization reports $13.6 billion in FDI and 27,000 jobs created since 2018, fueled by economic missions led by Gov. Phil Murphy.
NJBPU launches business breakfast series
The first of four free regional events will take place this month to connect industry with incentives and programs available under the New Jersey Clean Energy Program.
Bayfront in Jersey City, along the Hackensack, secures up to $64M from Aspire
The credits will go toward a new residential offering at the massive mixed-use project, which will add more than 74 affordable apartments.
New incentive seeks to boost arts engagement, engage Garden State downtowns
Participants in the New Jersey Economic Development Authority CAFE program are eligible to receive tax credits covering 100% of eligible project costs, up to $75 million.
New law tweaks Aspire Program – here’s what’s different
Administered by the NJEDA, the program awards tax credits to developers for certain redevelopment projects.
Up to $500M in AI tax credits available via Next NJ Program
Enacted during a bill signing at Coreweave headquarters July 25, co-founder and Chief Strategy Officer Brian Venturo stressed this legislation will position New Jersey as a premiere hub for artificial intelligence innovation.
NJPAC District approved for $200M in Aspire tax credits
The nearly 580,000-square-foot mixed use development will include 350 residences, a new headquarters for WBGO, 12,600 square feet of new retail space, and more.
Appeals court sides with Holtec in NJEDA tax break dispute
The New Jersey Economic Development Authority approved $260 million in incentives for the energy company under the Grow NJ program in 2014, before later rescinding the award.
NJEDA sets start for $10M food desert tax credit auction
Proceeds will be used to fund programs aimed at increasing access to healthy foods throughout New Jersey’s 50 Food Desert Communities.
