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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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The New Jersey Economic Development Authority (NJEDA) recently approved the first projects under the revised Grow NJ program to encourage businesses to increase employment in New Jersey. NJEDA approved a significant Grow NJ award of up to $39.5 Laurel, NJ. A Grow NJ incentive worth up to $12.7 headquarters.

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New Jersey Tax Credits Encourage Job Creation, Investment

Business Facilities

million in private investment, thanks to Grow New Jersey (Grow NJ) tax credits recently approved by the Board of the New Jersey Economic Development Authority (EDA). If the company opts for New Jersey over leasing a competing facility in the Bronx, the project would result in the creation of 40 new jobs and private investment of more than $8.9

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FEATURE STORY: 2014 Economic Development Awards

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Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program). Base tax credits under the new Grow NJ program range from $500 to $5,000 per job (per year), with bonus credits ranging from $250 to $3,000. million to lease, renovate and equip a 56,800 square-foot facility in Munster.

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State by State Incentives Guide

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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STATE INCENTIVES GUIDE

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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New Jersey’s CCIT Helps Companies Generate Over $130M In Revenues

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million through state financing. Now headquartered in South Plainfield, NJ, GENEWIZ employs more than 700 people across 12 facilities at major biotech hubs around the world. The companies also obtained more than $10.6 Nearly two dozen companies currently call the CCIT “home.”.

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COVER STORY: Editors’ Location Picks

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The TV ads, which aired for six months in the NY/NJ/CT and Boston markets and on JetBlue’s in-flight TV, conclude with Huizenga’s memorable tag line: “Hey, it’s not what you make, it’s what you keep.” The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013. and Mutual of Omaha.

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