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NJ Mall Project Stirring

Construction Knowledge

For the last couple years, Triple Five Developers (owner of the Mall of America in MN), have been parlaying with NJ state officials over the financing package. In the current financing package, Triple Five puts in $200 million in equity, borrows 800 million from the private sector and $800 million via two public entities.

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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

Buisness Facilities Contributed Content

Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. Other Global Gateway Alliance board members include: Stuart Appelbaum, President, Retail, Wholesale and Department Store Union. Dan Glickman, Former Congressman and U.S.

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COVER STORY: Global Biotech Report

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The federal government and the European Union provide additional double-figure million Euro funding. Next to this, a number of Bavarian biotech companies receive grants by the European Union for their research and development projects. One recent investment was made by the biopharmaceutical company Union Chimique Belge (UCB).

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State by State Incentives Guide

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Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. See onegeorgia.org/programs/esb.

Income 108
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STATE INCENTIVES GUIDE

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Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75
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Feature Story: 2016 Economic Development Awards

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million investment in Edison VIII, an offering of the VC firm Edison Partners, founded in 1986 and currently based in Princeton, NJ. NJEDA says that by investing more than $40 million in venture capital funds it has been able to leverage its investment in NJ businesses to more than 62 times that amount—about $2.5

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