The New Jersey Economic Development Authority (EDA) has been called New Jersey’s bank for business. While larger projects garner much of the attention in the state, the EDA has many options available to small- and medium-sized businesses as well. Here’s a look at some of the recent activity.
Angel Investor Tax Credits. NJBIA supported the creation of the Angel Investor Tax Credit Program as well as its later expansion. The program offers tax credits to investors who come through with funding at a crucial period in a startup company’s operation. Read more here.