News

Big week for tech and N.J.: Announcements of HAX, Fiserv show growing momentum

Tom Bergeron | ROI-NJ

The question of whether New Jersey can attract some of the most innovative tech companies to the state was answered in one big week. HAX, the globally known accelerator of SOSV, announced it is going to establish its U.S. headquarters in Newark. And Fiserv, a Fortune 500 company based in Wisconsin, is seeking an EDA award in an effort to bring 3,000 …

Party City bringing HQ — and 357 jobs — to Woodcliff Lake

Tom Bergeron | ROI-NJ

Party City Holdings Inc. on Wednesday became the first company to win an award under the Emerge Program, the new job creation incentive program touted by Gov. Phil Murphy and created under the New Jersey Economic Recovery Act of 2020. And it’s a good one for the state. Party City Holdings, a Fortune 100 company, will be bringing its headquarters — …

Fiserv, a Fortune 500 company, intends to bring 3,000 jobs to Berkeley Heights

Tom Bergeron (Berkeley Heights) | ROI-NJ

Fiserv, a Fortune 500 fintech company based in Brookfield, Wisconsin, intends to open a major office in Berkeley Heights, bringing up to 3,000 high-paying, high-tech jobs to the state, ROI-NJ has learned. The company has applied for an Emerge award from the New Jersey Economic Development Authority. The potential award was on the agenda the EDA released Monday for its meeting …

FIFA Delegation Tours MetLife Stadium and Other Venues in Advance of 2026 FIFA World Cup Site Selection

Governor's Office | Press Release

EAST RUTHERFORD – New Jersey Governor Phil Murphy and New York City Mayor Bill de Blasio hosted officials from FIFA, the governing body of international soccer, who concluded their visit today after touring MetLife Stadium and other area venues as they continue the site selection process for the 2026 FIFA World Cup. The delegation was led by FIFA Vice-President and Concacaf …

Pitch perfect: How Murphy’s personal appeal, cadre of incentive packages and push from higher ed helped N.J. land HAX

Tom Bergeron (Newark) | ROI-NJ

When SOSV issued a Request for Proposals last spring, seeking a location to establish a U.S. headquarters for its highly regarded hard-tech accelerator, HAX, Gov. Phil Murphy jumped in right away. He knew the competition would be fierce. And he knew the process would play out quickly. Murphy met with SOSV founder and Managing Partner Sean O’Sullivan in July in Newark — not …

Governor Murphy Announces Agreement to Establish U.S. Headquarters in Newark for the HAX Startup Development Program Focused on Industrial Tech and Decarbonization

Governor's Office | Press Release

NEWARK – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and Princeton-based venture capital firm SOSV intend to form a new entity (HAX LLC) to bring SOSV’s acclaimed HAX hard tech startup development program to Newark.  SOSV will also establish the U.S. headquarters of the HAX program at the Newark site.  HAX provides complete support for emerging companies, including a $250,000 initial investment in …

Global giant accelerator coming to Newark — bringing commitment to develop 100 hard-tech companies

Tom Bergeron (Newark) | ROI-NJ

HAX, a hard-tech accelerator run by one of the most-active venture capital firms in the world, will announce Thursday morning that it is establishing its U.S. headquarters in Newark — and bringing with it a commitment to develop 100 companies in the city over the next five years, ROI-NJ has learned. Companies participating in the HAX program are expected to …

Governor Phil Murphy, U.S. Department of Labor Secretary Marty Walsh, and Elected, Union, Environmental, and Private Sector Leaders Break Ground on the New Jersey Wind Port

Office of Governor Phil Murphy | Press Release

Lower Alloways Creek, NJ – Governor Phil Murphy today joined U.S. Secretary of Labor Marty Walsh, Senate President Stephen Sweeney, President of the New Jersey State Building & Construction Trades Council Bill Mullen, AECOM Tishman Community Relations Director Flora Ramos, elected officials, union leaders, environmental advocates, private sector partners, and representatives of the offshore wind industry for the groundbreaking of the New …

Another sports betting company opens up shop in Hoboken

Daniel J. Munoz | NJBIZ

Another sports betting company announced on Aug. 26 it is opening a headquarters on the Hudson River, which is widely regarded as one of the main gambling hubs outside of Atlantic City and Las Vegas. Later this fall, the peer-to-peer U.S. sports betting exchange Prophet is opening its headquarters in Hoboken, ahead of the National Football League and college football …

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