Newark New Jersey Economic Development

The newark paper co.

Jersey cricket live. Currently is a subsidiary of invest newark newarks economic development corporation. Invest newark is the primary economic development catalyst for the state of new jerseys largest city newark. It is home to port newark the largest port on the east coast and third largest port in the country.

Sean massey director transit oriented development nj transit headquarters one penn plaza east newark nj 07105 2246. Newark nj august 27 2020 invest newark the city of newarks economic development corporation recently announced a partnership with new jersey community capital njcc the states largest community development financial institution to launch the invest newark infrastructure fund inif initially capitalized with 2 million. Newark has a thriving business community where both major corporations and small businesses boast newark as their corporate address.

City officials and owners in april broke ground on the new mixed use development at the site of the former new jersey bell telephone company building a 21 story art deco tower that was added to. Flanked by the leaders of newarks key corporate educational and non profit institutions mayor ras baraka formally launched a new economic development initiative designed to employ a. Newark is an important economic center for the state of new jersey.

It is organized to retain attract and grow businesses enhance small and minority business capacity and spur real estate development throughout the citys 20 diverse neighborhoods. 90 new jersey community economic development grants 90 communityeconomic development grants for new jersey. It soon will be an independently operated company.

Newark community economic development corporation newark cedc founded in 2007 and reorganized in 2014 newark community economic development corporation newark cedc formerly known as brick city development corporation bcdc is the primary economic development catalyst for the state of new jerseys largest city newark. Grants to encourage community economic development support construction non construction technical assistance new ideas and creative approaches to advance economic prosperity in distressed communities. Governor murphy announces plan to develop the new jersey wind port 300 400 million green infrastructure project will be the biggest investment in salem county in a generation and has the potential to create up to 1500 jobs and 500 million in economic activity.