News

Sixers give big donation to Cooper Health’s COVID-19 assistance fund

Emily Bader | ROI-NJ

Referring to it as a significant donation, the owners of the Philadelphia 76ers, Prudential Center and the New Jersey Devils announced they and the Sixers have provided aid to Cooper University Health Care‘s COVID-19 Assistance Fund. Harris and Blitzer, who are co-managing partners of the Sixers, said the funds will help purchase critical equipment and supplies, including personal protective equipment like N95 masks, surgical masks, gloves, gowns, …

JCP&L gives $500K gift to N.J. food banks amid coronavirus pandemic

Steve Strunsky | NJ.com

Gov. Phil Murphy shined a love light on the parent company of JCP&L on Wednesday, tweeting that First Energy Corporation was “making a significant contribution” to the fight against hunger during the coronavirus outbreak, one day after it announced a $500,000 donation to food banks in JCP&L’s service area. On Tuesday, First Energy announced that its philanthropic arm, the First Energy …

3 from N.J. land on Transport Topics’ Top 50 Logistics Companies list

Emily Bader | ROI NJ

Three New Jersey-based logistics firms were ranked in Transport Topics 2020 list of the Top 50 Logistics Companies. The logistics and trucking news publication produced the annual list by evaluating each company’s finances and operations. Here are the top companies from New Jersey and their rankings: 9. NFI, Camden; 10. Kuehne + Nagel Americas, Jersey City; 23. DSV Panalpina, Clark. “NFI has been recognized as …

Jersey City announces it will fully match NJEDA funds awarded to local businesses

Corey McDonald | Hudson County View

As the coronavirus rips through local economies nationwide, Jersey City announced they will match any grants awarded to local businesses through the the New Jersey Economic Development Authority’s (NJEDA) Small Business Emergency Assistance Grant Program. “We’ve been working to stay ahead of the curve by anticipating our residents’ and business owners’ needs to survive this pandemic not only from a health …

NJEDA Announces Application Launch Date for Grants for Businesses Impacted by COVID-19

NJEDA

TRENTON, N.J. (March 31, 2020) – The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Grant Program on Friday, April 3, 2020 at 9:00 am. A link to the grant program application will be posted on the State’s COVID-19 Business Information Hub. The grant program is part of a package of initiatives announced last …

Cross River partners with Operation HOPE to provide free financial literacy programming

Emily Bader | ROI-NJ

Cross River Bank, a Fort Lee-based provider of banking services for technology companies, announced on Monday it has partnered with the nonprofit Operation HOPE to provide free, live online financial literacy programming in response to the economic impact of the novel coronavirus. HOPE Inside Disaster, a provider of financial advocacy and support, focuses on financial emergency preparedness and recovery services in the …

Rowan University releases blueprint for 3D printed PPE mask for COVID-19 protection

Courier Post | Carly Q. Romalino

GLASSBORO – Plans for 3D printed personal protective masks designed by Rowan University medical students and engineers are now available for public use. Rowan University students — with oversight by engineering and chemistry faculty — designed the masks over the last week for healthcare workers on the front lines. While the university searches for ways to mass produce the masks, the …

Fairfield distillery isn’t producing spirits, it’s boosting spirits — by making hand sanitizer for first responders (and giving it away)

Brett Johnson | ROI-NJ

It’s no exaggeration, said Tim Koether — the phones at his business never stop ringing anymore. Somewhere near 1,000 calls a day echo through the Fairfield offices of Claremont Distilled Spirits. “And it’s a little shocking to pick up the phone and have someone in Louisiana asking for a bottle,” Koether said. It’s not wild drinking sprees that people are thirsting …

Pru waives rent on 21 storefronts in Newark where it serves as landlord

ROI-NJ Staff | ROI NJ

Prudential Financial announced Monday it has waived April rent for tenants in its retail spaces in Newark — most of whom are small business owners. The decision applies to both restaurants that are still allowed to provide takeout and stores mandated by the state to close entirely. At the forefront of the decision was a desire to help these businesses maintain …

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