Trenton, NJ - According to Eric Strauss, "Inc. revealed its annual Inc. 5000 list of the fastest-growing private companies in America this month, and 143 New Jersey firms earned a place on the list. They ranged in size from $2 million in revenue to more than $400 million, and some had revenue growth in the quadruple digit percentages."
Newark, NJ - According to New Jersey Business magazine, "Panasonic Corporation announced that it has completed its acquisition of ITC Global, a provider of satellite communication services for the energy, mining, and maritime markets. Founded in 2001 with regional headquarters in Houston, Texas; Sion, Switzerland; and Perth, Australia, ITC Global serves customers at more than 1,200 remote sites across 70 countries and all the world’s oceans. Panasonic, through its subsidiary Panasonic Avionics Corporation, is a provider of inflight communications and entertainment systems to the aviation market."
NJEDA August Board Meeting Highlights Array of State Support for Technology and Life Sciences Sector
Trenton, NJ - Continuing the state’s commitment to supporting the growth of the technology and life sciences industries, which are targeted for growth under the Economic Opportunity Act (EOA), the Board of the New Jersey Economic Development Authority (EDA) today took action to approve Grow New Jersey (Grow NJ) tax credits for two Middlesex County projects.
Serial Entrepreneur Kambhampati Cultivates Growth of NJ’s Emerging Technology Companies through Mentoring
Trenton, NJ - The New Jersey Economic Development Authority (EDA) today continues its series highlighting how New Jersey investors and entrepreneurs are making a difference to the Garden State’s technology community. As an innovator, serial entrepreneur, investor and mentor, Krishnamurty “KK” Kambhampati, of Holmdel, has spent the last 25 years helping to shape New Jersey’s technology ecosystem.
Trenton, NJ - According to Josh Burd of NJBiz, "It might be tough to quantify the volume of fiber in Newark, but New Jersey's prowess as a state is well-documented. The Garden State, which has 17 fiber providers, is third in the country when it comes to the percentage of population covered by fiber, according to broadbandnow.com.With about 63 percent of its population covered, it sits behind only Rhode Island (98 percent) and Oregon (77 percent).
Trenton, NJ – Legislation that would change New Jersey laws and regulations to help businesses take advantage of crowdfunding passed the Senate last Thursday. Specifically, S-712/A-2073 would provide exemptions from registration with the NJ Bureau of Securities for companies that want to offer intrastate crowdfunding investment opportunities. The total investment cannot exceed $1 million, and the investment from any single purchaser is capped at $5,000.
Washington D.C. - According to the State Science and Technology Institute (SSTI), "Although immigrants account for approximately one-fourth of U.S. science and engineering (S&E) employment, there have been relatively few academic studies published that discuss the link between these immigrants, who represent an increasing share of the U.S. workforce, and innovation in the United States. Through a broad investment from the Alfred P. Sloan Foundation, guest editors William Kerr and Sarah Turner curated a special volume of the Journal of Labor Economics to highlight recent research specifically focused on the impacts of high-skilled immigration."
Acting Governor Guadagno Welcomes Newark Venture Partners, Region’s First Elite Venture Fund and Technology Accelerator
Newark, NJ - Acting Governor Kim Guadagno joined local officials and members of Newark’s business community to announce the launch of Newark Venture Partners (NVP), a new $50 million early-stage social impact venture fund, the first of its kind in the New York metropolitan area.
Newark, NJ - The New Jersey Innovation Institute (NJII) is recruiting growth-stage health IT companies (with revenues between $250K-$6MM) to participate in the third cohort of its HealthIT Connections Program. Funded by a grant from JPMorgan Chase & Co.’s Small Business ForwardSM initiative, the health IT program connects entrepreneurs with critical resources to help their businesses accelerate growth, create jobs and expand influence—all at no cost.
Trenton, NJ - Are you an immigrant entrepreneur who has excelled in the areas of growth, advocacy, innovation, sustainability, and leadership? Do you know someone, a colleague, family member, neighbor, or friend, who you think has what it takes to be named the 2015 Immigrant Entrepreneur of the Year? To nominate: go to http://NJIEAwards.org.
Newark, NJ - Have you ever downloaded a new app and thought, “I could have done better?” Well, here’s your chance. NJ MarketShift, needs your input to refine a new web application we are developing. The app would answer questions about markets, customers, suppliers and partners in the A&D industries. MarketShift is holding a design meeting on Wednesday, July 29 at NJIT in Newark to test the application and take suggestions from employers. Those interested in attending can sign up here.
Secaucus, NJ - EY is pleased to announce the winners of the EY Entrepreneur Of The Year® Award in New Jersey. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. The winners were selected by an independent panel of judges, and the award was presented at a special gala event at the Hyatt Regency New Brunswick on June 25.
Trenton, NJ – According to New Jersey Business Magazine, “Cybersecurity is among the greatest issues facing businesses today, and Morris Plains-based Link High Technologies recently held a seminar featuring renowned security expert Gideon Lenkey. Lenkey, the former president and Chairman of the Board of the New Jersey InfaGard Chapter, has written numerous cybersecurity publications, and was featured in the documentary film Code 2600.”
Trenton, NJ - Academic institutions throughout the nation are committing themselves to the Maker movement, with the hopes of empowering a culture on their campus that promotes student confidence, STEM education, and hands-on creativity, according to a recent report by the MakeSchools Higher Education Alliance.
Washington D.C. - According to Information Technology and Innovation Foundation (ITIF), "A year from now, the 2016 presidential primaries will be over, and the nominees of both parties will need to focus in earnest on the broad interests of the American people, not just the parochial concerns of their respective bases. In anticipation of that moment, ITIF has produced an open memo to all Democratic and Republican presidential campaigns outlining a comprehensive policy agenda on technology and the economy. The memo is accompanied by a draft campaign speech on fostering 21st century enterprise, which ITIF encourages candidates to borrow from freely."
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