News

Study: New Jersey is the 5th most innovative state in the country

Linda Lindner | NJBIZ

Drawing on U.S. Patents & Trademark Office data, CommercialCafe recently released a new study, which explores the importance of U.S. innovation by looking at more than four decades of national patent activity. Patent distribution across industries was mapped, and the U.S.-based corporations that have been leading the race for intellectual property since 1975, through 2019 were tracked. According to the study, New Jersey is the …

Governor Phil Murphy Announces First Tenants of The Hub in New Brunswick

The Office of the Governor of New Jersey

Project Combines Two Prominent Research Institutes and Two Major Healthcare Networks TRENTON – Governor Phil Murphy today announced Princeton University, Rutgers University, Hackensack Meridian Health and RWJBarnabas Health will be the first tenants of The Hub, a new collaborative site in downtown New Brunswick designed to foster research, entrepreneurship, innovation, and start-up incubation in New Jersey. “This project is a …

NJIT expands fintech concentration to full bachelor’s degree program

ROI-NJ Staff | ROI-NJ

Inspired by the pressing need of corporations on Wall Street and beyond to hire a new generation of workers who are skilled in the latest trends of applying computing to commerce, New Jersey Institute of Technology announced Wednesday it will offer a B.S. in financial technology. Fintech is a category of software and online services that helps people better use and understand …

11 NJ Companies Make Deloitte’s Technology Fast 500

New Jersey Business

Eleven New Jersey companies are listed on Deloitte’s 26th annual Technology Fast 500, a ranking of the 500 fastest-growing technology companies in North America based on percentage revenue growth over three years. The highest company on the list, at No. 52, it Amicus Therapeutics Inc, a Cranbury-based biotechnology firm focused on the treatment of rare diseases. It grew revenues 3,576% from …

Ramapo College of New Jersey Names the Peter P. Mercer Learning Commons

Ramapo College | Press Release

MAHWAH, N.J. – Ramapo College of New Jersey officially announced the name of its newest building on campus–the Peter P. Mercer Learning Commons– as part of the College’s 51st Founders’ Day celebration on Wednesday, November 18. Ramapo College Board of Trustees Chair Susan A. Vallario unveiled the name of the building, which is on track to open in Fall 2021. Chair Vallario …

M Station, transformative project for Morristown, breaks ground

Tom Bergeron | ROI-NJ

Peter Bronsnick, the New Jersey president for SJP Properties, couldn’t resist as he stood under a tent in a vacant parking lot in Morristown that one day will become M Station, one of the nicest downtown office structures in the state. “I do recognize the irony of Friday the 13th, rain, a pandemic, a hotly contest election — and everything else …

Governor Murphy Announces Additional $60 Million to Fulfill Pipeline of Small Business Grant Applications

Governor's Office | Press Release

TRENTON – Today, Governor Phil Murphy announced a commitment of at least $60 million in additional Coronavirus, Aid, Relief, and Economic Security (CARES) Act funding to fulfillment of grants under Phase 3 of the New Jersey Economic Development Authority’s (NJEDA’s) Small Business Emergency Assistance Grant Program. This funding is in addition to $70 million in federal funds already allocated for the …

Fidelco, Elberon to build 140K sq. ft. freezer warehouse for FreezPak on Elizabeth/Newark border

Tom Bergeron | ROI-NJ

In what only can be considered a big win for both Elizabeth and Newark — as well as the still-booming industrial sector in the state — Fidelco Realty Group, Elberon Development Group and FreezPak Logistics announced Monday morning that they are breaking ground on a 140,000-square-foot, state-of-the-art freezer warehouse facility on the Elizabeth/Newark border. The project, which will be co-developed by Fidelco and Elberon, …

Pharmaceutical firm takes 55,000 sq. ft. in Ewing, Lee & Associates New Jersey says

Joshua Burd | Real Estate NJ

A pharmaceutical company has leased more than 50,000 square feet of office space in Ewing, under a newly announced transaction by Lee & Associates New Jersey. The tenant, TCG GreenChem Inc., is making its entrance to New Jersey with the commitment at 701 Princeton South Corporate Center, the brokerage team said. The firm will occupy 54,520 square feet under a …

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