Princeton Public Library
Community Resource File
New Jersey Economic Development Authority (CRF ID #509)
ALTERNATE NAME
EDA
ADDRESS
36 W. State Street
PO Box 990
Trenton, NJ 08625-0990
PHONE
609-292-1800
609-292-0359 - Marketing and Policy
FAX
609-292-5722
EMAIL
njeda@njeda.com
ADMINISTRATOR
Caren S. Franzini, Chief Executive Officer
CONTACT PERSON
Rose M. Smith, Director of Marketing and Policy
HOURS
MON-FRI: 8:30 AM - 4:30 PM
DESCRIPTION
An independent, self-supporting state entity dedicated to building vibrant, diverse communities by financing businesses and nonprofits, offering real estate development and technical services, and supporting entrepreneurial development and financing quality public schools. It seeks to strengthen and broaden the state's economic base and renew communities through business expansion and attraction, job creation and retention, and revitalization of underutilized properties. EDA works in partnership with banks to supplement their lending activities. Entities seeking funding must prepare a detailed business plan. Visit the website for more information: www.njeda.com
SERVICES
The EDA assists a variety of industries and business sectors, including small and mid-size businesses, micro businesses and Fortune 500 corporations, as well as not-for-profits and municipalities. The EDA works closely with banks, private investors, underwriters and other sources of capital to help businesses and other entities finance projects.
PROGRAMS
Low-interest financing for business, not-for-profits and municipalities through loans, loan guarantees and bonds
Grants for business attraction and expansion
Urban and smart growth redevelopment funding
Grants and loans for brownfields investigation and cleanup
Entrepreneurial training
Real estate development services to advance major projects and state-of-the-art high-tech facilities
PUBLICATIONS
EDA Annual Report
FOUNDED
1974
SUBJECT
BUSINESS SERVICES
DATE MODIFIED
04-24-06