The Aerospace Innovation Center will be the fifth Strategic Innovation Center in the state, and will support state-of-the-art aerospace research and innovation

The A.R.T. program utilizes American Rescue Plan (ARP) State and Local Fiscal Recovery Funds (SLFRF) to reactivate and revitalize Atlantic City and Newark’s commercial corridors in the wake of COVID-19. Commercial corridors play a vital role in both urban and rural geographies, serving as economic engines for communities by providing jobs that keep money circulating in the local economy, offer goods and services for residents, and power entrepreneurship as well as wealth building.

The New Jersey Economic Development Authority (NJEDA) and the Gloucester County Institute of Technology (GCIT) today announced plans to enter a Memorandum of Understanding (MOU) to support the expansion of the GCIT’s welding and painting programs. Through the MOU, the NJEDA will provide up to $75,000 for programs that prepare students and workers for jobs in heavy steel offshore wind component manufacturing.

Hispanics have become the largest minority group in the United States and are the second-fastest growing group in the nation behind Asian Americans. This tremendous increase in population has a clear connection with economic growth, as Hispanic households now hold considerable earning and consumer power compared to a decade ago.

It’s summertime, and, as Governor Murphy has promised, it’s a Jersey Shore Summer! We’re focusing this month’s podcast episode on Jersey Shore tourism and the impact that the state’s recovery from COVID is having on local economies.

The New Jersey Economic Development Authority (NJEDA) and the New Jersey Office of the Secretary of Higher Education (OSHE) today announced that Atlantic Cape Community College (Atlantic Cape) has won the New Jersey Offshore Wind Safety Training Challenge.

The New Jersey Economic Development Authority (NJEDA) Board recently approved a memorandum of understanding (MOU) with Stockton University to support the establishment of an esports Innovation Center at the university’s Atlantic City campus. The NJEDA will provide $200,000 in funding and provide staff support for the Innovation Center, which is expected to contribute to establishing Atlantic City as a hub for the rapidly growing esports industry.