N.J. booze laws could change soon, but Murphy’s big reform plan is in trouble
Gov. Phil Murphy’s ambitious plan for a massive overhaul of New Jersey’s decades-old liquor license laws has hit a roadblock in the state Legislature, though leaders in Trenton could soon make relatively minor changes to the controversial system. Read more from NJ.com.
NJEDA Opens The NJ Capital Access Fund
The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The fund will leverage Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to offer a working capital loan product that will better serve New Jersey-based small businesses. Read more from the NJEDA.
Giving Tuesday: South Jersey Industries donating $330K to local organizations
South Jersey Industries, the parent company of South Jersey Gas, announced on #GivingTuesday that it is donating more than $330,000 to local, regional and statewide community-based organizations. Read more from The Press of Atlantic City.
Survey of NJ business leaders: guarded optimism despite some tangible gains
A new survey of New Jersey business leaders indicates some gains were made over the past year in several key areas, such as managing inflation, yet many remain wary of the economic outlook for 2024. Read more from NJ Spotlight News.
Are NJ lawmakers ready to pump $300M into major electric grid upgrades?
When lawmakers convene for a new legislative term in January, one of the first bills a key committee plans to take up is a measure that would provide $300 million in state funds to upgrade the tens of thousands of miles of transmission and distribution lines, substations and other equipment. Read more from NJ Spotlight […]
$5M Growing Apprenticeship in Nontraditional Sectors (GAINS) Grant Announced by NJDOL
The New Jersey Department of Labor and Workforce Development (NJDOL) Office of Apprenticeship has announced $5 million in available funding through the Growing Apprenticeship in Nontraditional Sectors (GAINS) grant program. The GAINS grant program promotes expansion of US Department of Labor-approved Registered Apprenticeship programs to support better-paying careers and the attainment of advanced credentials. The […]
Pattwell to leave CRDA; search for new executive director begins
Sean Pattwell will leave his role as the executive director of the New Jersey Casino Reinvestment Development Authority to pursue other opportunities, three people with knowledge of the situation told ROI-NJ. Read more from ROI-NJ.
Atlantic Cape seeks 2024 distinguished alumni nominees
Atlantic Cape Community College’s Alumni Association is now accepting nominations for the 2024 President’s Distinguished Alumni Award and Young Alumni Achievement Award (40 years of age and younger). Read more from Downbeach.
NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers
The New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio. Read more from the NJEDA.
Atlantic City casino profits fall 7.5% in 3rd quarter of 2023
The city’s casinos and two internet-only entities earned $281.2 million in the third quarter of this year, a decline of 7.5% from the same period a year ago, New Jersey gambling regulators said. Read more from The Press of Atlantic City.