S 3592
Creates grant program for business accelerator and incubator networks; transfers $1 million in societal benefits charge revenues to EDA to administer program.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill creates a grant program administered by the New Jersey Economic Development Authority to support business accelerator and incubator networks. The program will provide funding to these networks to assist incubator businesses operating within them. The bill also directs the state to transfer $1 million in societal benefits charge revenues to the EDA to administer this grant program, and clarifies definitions related to advanced technology and business development.
Sponsors
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Primary sponsor
James Beach
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