The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Ridgewood NJ, The New Jersey Economic Development Authority (NJEDA) is taking major steps to expand career opportunities in film and digital media through workforce development initiatives. The agency has launched the New Jersey Film Works Grant Program and signed partnerships with Montclair State University and Brookdale Community College to strengthen the state’s talent pipeline in this growing industry.
the staff of the Ridgewood blog
Roseland NJ, Governor Phil Murphy today signed A4558/S3432, establishing the Next New Jersey Program that will attract new investment into the state’s artificial intelligence (AI) industry, creating new jobs and economic opportunities. The program will unlock access to capital for New Jersey’s innovators and entrepreneurs and ensure they have access to the infrastructure necessary to make new, cutting-edge developments, which will position the state as a national leader in the industry.
Continue reading New Jersey Goes All In on the Artificial Intelligence Industry
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Eatontown NJ, exciting developments are on the horizon for Eatontown, New Jersey, as the state unveiled the comprehensive tax breaks that Netflix will receive upon opening its planned film studio campus in the area. Anticipated to open its doors in 2028, the Netflix production hub at Fort Monmouth is poised to receive substantial incentives from the New Jersey Economic Development Authority (NJEDA), offering a glimpse into the significant economic impact of this venture.
Continue reading New Jersey Reveals Tax Breaks for Netflix’s Film Studio Campus
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Bayonne NJ, The New Jersey Economic Development Authority (NJEDA) Board today designated 1888 Studios in Bayonne, developed by Togus Urban Renewal, LLC, as a Film-Lease Partner Facility. The designation agreement, which commits the developer to occupying the facility for at least five years and grants future tenants eligibility to apply for increased tax credits for projects filmed at the facility under the Film and Digital Media Tax Credit program, marks a pivotal moment in New Jersey’s evolution as an emerging force in film and television production.
the staff of the Ridgewood blog
Ridgewood NJ, the New Jersey Economic Development Authority (NJEDA) has released records https://njeda.sharefile.com/share/view/s62cab64b65ac4be99288dd02b0a86ffa of the participants in the “Feed The Frontlines” grant .
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Newark NJ, the New Jersey Economic Development Authority (NJEDA) and Princeton-based venture capital firm SOSV intend to form a new entity (HAX LLC) to bring SOSV’s acclaimed HAX hard tech startup development program to Newark. SOSV will also establish the U.S. headquarters of the HAX program at the Newark site. HAX provides complete support for emerging companies, including a $250,000 initial investment in each participating company, 180 days of hands-on collaboration, and a global founder community for early stage founders building hard tech startups. Newark was selected as the location for the new HAX program site and the U.S. HAX headquarters through a competitive search that compared locations across the country.
