Entrepreneurs from two dozen emerging technology and life sciences firms in New Jersey met face to face last week with would-be investors, as part of an event hosted by the state Economic Development Authority.
State officials and the New Brunswick Development Corp. will begin efforts to strategize and craft a financial model for a redevelopment site in New Brunswick, where Gov. Phil Murphy has called for creating a campus for research and innovation.
A global medical technology maker has proposed relocating within Plainsboro to a nearly 167,000-square-foot building once occupied by Novo Nordisk, thanks in part to a 10-year, $17.8 million tax credit approved last week by state officials.
A growing pipeline of young life sciences firms has offered a second chance for New Jersey’s stock of legacy laboratory space. In the process, the ventures have served as anchors for developers seeking to repopulate large, vacant pharmaceutical campuses with turnkey laboratories.
The state has approved a 10-year, $2.75 million tax credit to encourage a Brooklyn-based foot care company to move a major part of its operation to Elizabeth.
The state Economic Development Authority has approved the installation of its next CEO, who come with a mandate of fostering growth for small and innovative businesses in New Jersey.
A financial technology firm could be coming to Jersey City after being offered a 10-year, $5.6 million state tax credit package to move its headquarters from Lower Manhattan.
An industrial linen business is poised to double its footprint in Irvington and upgrade its space in Trenton, following the approval of nearly $38 million in state tax credits over 10 years.
The state has approved $13.6 million in tax credits to encourage a cardboard packaging manufacturer to build a 500,000-square-foot facility in Burlington County.
