Under the Angel Match Program, the NJEDA is the first entity to commit capital to a technology company, leading to other investors who provide matching funds. This fuels the growth for the product-based technology company by increasing the pool of available capital. The NJEDA’s investment ranges from $100,000 up to $500,000, as it is matched…
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.5 percent before seasonal adjustment. The index for shelter rose in March,…
Prudent Planning and 8.8% Ratable Growth Offsets Costs The Morris County Board of County Commissioners unanimously adopted a 2024 Budget tonight, with no increase in the tax rate as funding expanded for public safety, infrastructure, human services, education and training and economic development. View the Budget Presentation “Strong ratable growth and prudent financial planning…
The renovation of Morristown’s landmark Headquarters Plaza will look to energize the sprawling concourse that connects three office towers, a Hyatt Regency hotel and a host of retailers and restaurants under the roof of the 1 million-square-foot complex. Not to be overlooked is the idea that the refreshed property will also engage the community in…
Recently, about 20 invited guests gathered at Crum & Forster (C&F), an insurance firm in Morristown, to discuss how this company is exploring generative artificial intelligence (AI). The group was assembled as part of a “salon” put together by James Barrood, founder and CEO of Innovation+, a curated global community of 10,000 or more entrepreneurs and innovators. At…
TRENTON, N.J. (April 1, 2024) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight from firms and individuals with perspectives on the proven best practices, potential challenges and appropriate considerations relevant to the development of a Statewide Employee Ownership program. The information gathered through this RFI will…
Top Companies Linked with Top Talent Through Innovative Job Hub Morris County introduces “Connect to Morris 2.0” (ConnecttoMorris.org), a revitalized online job platform that creates opportunities for area employers to connect with local talent for their hiring needs. The innovative online portal intends to simplify the hiring process while providing a wealth of resources…
Spanning over three decades, Partners in Economic Development is a significant forum for acknowledging the outstanding efforts and achievements contributing to Morris County’s economic vitality with a look into the future. Morris County is an economic powerhouse with a Gross Regional Product of over $60 billion, an economy larger than several states. The strength of…
Every March, we celebrate National Agriculture Week (including National Ag Day), which is organized by the Agriculture Council of America (ACA). The ACA is an organization uniquely composed of leaders in the agriculture, food and fiber communities dedicated to increasing the public awareness of agriculture’s vital role in our society. The Agriculture Council of America…
