>EDA backs program to accelerate tech company growth
Technology companies will receive aid in their effort to accelerate their growth under a program sponsored by the New Jersey Economic Development Authority.
The EDA announced an agreement on Wednesday with TechLaunch LLC to create the state’s first technology accelerator.
The competitive program will be a 12-week “boot camp” for businesses in which they will receive mentoring and an opportunity to launch a model product that will receive funding. (Kitchenman, NJBIZ)