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To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey Economic Development Authority announced it is launching monthly innovation programs “office hours” to highlight programs offered by the authority to stimulate the innovation economy.
Alternating between in-person and virtual events, these will offer one-on-one sessions with the EDA’s innovation team to discuss programs and networking opportunities with industry stakeholders, EDA officials said.
The first Innovation Programs Office Hours event will be held Friday at the NJEDA Bioscience Center in North Brunswick. It aims to provide an introduction to the NJEDA’s innovation programs.
“Gov. Phil Murphy is committed to the longstanding success of New Jersey’s innovation economy, and, under his administration, the NJEDA has enhanced and expanded its offerings to support the growth of innovative New Jersey companies,” EDA CEO Tim Sullivan said.
“The new initiative will ensure that businesses and investors contributing to the strength of the Garden State’s innovation community understand the range of resources the authority offers and can leverage its support to thrive.”
Participation in office hours is encouraged for preseed, seed, early-stage and growth-stage startup companies in the technology and life sciences industries, as well as investors seeking opportunities in innovative companies.
Programs covered will include direct company investments, such as the Angel Match Program, and investor benefits, such as the Angel Investor Tax Credit Program. For a list of upcoming office hours, which will alternate monthly between in-person and virtual events, click here.
To register for an upcoming event, click here.
For questions on future events and the EDA’s Innovation Programs, email innovation@njeda.gov.
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