News
Biotech Startups Selected to Accompany NJEDA to BIO International Highlight Advantages of Locating in New Jersey
TRENTON, N.J. (May 24, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced the five New Jersey biotechnology startups that will join NJEDA at BIO International Convention in Philadelphia next month to showcase innovation in New Jersey. The five startups were selected from a group of companies that submitted video responses to the question “Why Choose New Jersey?” Reasons cited …
Audible says new facility symbolizes Newark’s history, company’s innovation
The grand opening of a new facility has begun a new chapter for Audible, its employees, New Jersey business leaders and the greater Newark community. Audible founder and CEO Don Katz, elected officials, business leaders, employees and members of the Newark community came together Friday to celebrate the grand opening of the company’s Innovation Cathedral. Once home to the Second Presbyterian …
New Jersey Gets Official State Microbe: Streptomyces Griseus
TRENTON, N.J. — A microorganism that played a role in treating tuberculosis is now officially recognized as New Jersey’s state microbe. Gov. Phil Murphy signed a bill Friday giving the distinction to Streptomyces (strep-toh-MY’-seez) griseus (GREE’-say-us). The microbe was discovered in New Jersey soil in 1916. In 1943, researchers from Rutgers University used the microbe to create the antibiotic streptomycin. …
Rising Tide to cut ribbon on new HQ in Jersey City, featuring accelerator, housing and more
Rising Tide Capital, a nonprofit microenterprise development organization in Jersey City, will commemorate its 15thanniversary Tuesday by cutting the ribbon on its new national headquarters at 311 Martin Luther King Blvd., featuring a full-service business accelerator, classrooms, coworking space and affordable housing for underserved urban entrepreneurs. “Since our founding 15 years ago, my co-founder Alex Forrester and I have always …
Taking flight: Aviation tech park is almost ready to spread its wings in Atlantic City
Progress on the National Aviation Research and Technology Park seems to be flying by. Within the past few months, commitments from yet-to-be announced companies have filled nearly every corner in the recently constructed first building on the 58-acre aviation campus, so the project’s planners are moving onto the blueprints for the park’s next structure. And, judging by the fact that organizations such …
MTV’s Music Video Awards are coming to N.J. The countdown begins.
Get ready: In 111 days Newark will host MTV’s Video Music Awards for the first time in the annual award show’s 35-year history. It’s a first for the city — and a first for the state. “This is a big deal,” Gov. Phil Murphy said Monday as he welcomed MTV’s iconic moon man (now renamed moon person) to the Prudential …
Free tuition expands to all of N.J.’s community colleges, Murphy says
All of New Jersey’s community colleges will now offer some students the opportunity to get a tuition-free education, Gov. Phil Murphy announced this week. Murphy’s administration in January began doling out $25 million in taxpayer money for 13 of the state’s 19 community colleges to launch a pilot version of the program, allowing certain low-income students to go to school without having to pay …
ResinTech to bring 265 jobs to Camden
A company that manufacturers ion-exchange resins to treat water broke ground for its new headquarters in a vacant East Camden lot on Monday. ResinTech Inc., which considered leaving New Jersey to go South, was awarded almost $139 million in controversial tax incentives in 2016 by the state’s Economic Development Authority. The company was outgrowing its West Berlin space, officials said. …
N.J. high school beats out more than 1,000 schools to win world robotics championship
A robotics team from New Jersey took home a championship trophy in Kentucky over the weekend, after ranking as one of the top robotics teams in the world. Millburn High School was one of just five tournament champions, chosen from more than 30,000 students on 1,650 teams from dozens of countries that had gathered in Louisville for the 12th annual VEX Robotics World …
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