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New Jersey Tax Credits Encourage Job Creation, Investment

Business Facilities

Two food manufacturers are considering locating in New Jersey and creating a total of more than 150 new jobs and over $15.4 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).

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How to Get Paid on New Jersey Public Projects

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A large amount of that funding is going to go directly to individual states, and with the state adopting new laws in 2021 that reconfigure the bidding process — along with adding the “design-build” option to the public construction process — there are plenty of opportunities for contractors across New Jersey.

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New Jersey Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New Jersey economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. New Jersey Partnership for Action: Created by Governor Chris Christie and led by Lt. FINANCING & GRANTS.

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New Jersey Companies To Share Over $35M

Business Facilities

More than $35 million from New Jersey’s Technology Business Tax Certificate Transfer (NOL) Program will be split among 40 New Jersey technology and biotechnology companies in Fiscal Year 2017. The funds will be used to move our clinical programs forward as well as increase our employee footprint in New Jersey.

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Grow NJ Tax Credits Approved For Manufacturing, Tech, Finance Companies

Business Facilities

The approved projects are expected to result in the creation of 900 new jobs and more than $27 million in investment in New Jersey in key industry sectors. Read Grow NJ Tax Credits Approved For Manufacturing, Tech, Finance Companies on Business Facilities - Economic Development, Site Selection & Workforce Solutions.

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

Buisness Facilities Contributed Content

“Not only will this encourage more companies to create jobs throughout New Jersey, it will also give an extra boost to some of our biggest cities,” Gov. These five projects—located in Camden, Neptune, Bridgewater, Newark and Jersey City—are slated to receive a total of approximately $92.9 Christie said. headquarters.

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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Certain types of businesses are excluded from the program, including retail and wholesale businesses; restaurants and hospitality; professional practices like law firms and medical offices; and energy production and distribution companies. Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund.

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