May 2023

CSIT TO OPEN APPLICATIONS JUNE 5 FOR TWO R&D SEED GRANT PROGRAMS ________________________________________________________________________________ $2M+ in Grant Funding will be Available to Startups Developing Food and Agriculture or Drug Therapeutic Innovations TRENTON,…

Rural Community Development Initiative Grants in NJ Applications Due June 28th, 2023 __________________________________________________________________________________________________________________________________________________ What does this program do? RCDI grants are awarded to help non-profit housing and community development organizations,…

Morris County Earns AAA Financial Ratings 48th Consecutive Year ________________________________________________________________________________ Morris County’s financial stability again has been given the highest confidence ranking by Moody’s Investor Services and Standard & Poor’s Global Ratings,…

NFIB Research Center Monthly Economic Report – May 2023   Small Business Trends The Optimism Index decreased 1.1 points in April to 89.0. This is the sixteenth consecutive month below…

Hispanic Population Is Younger But Aging Faster Than Non-Hispanic Population __________________________________________________________________________________________________________________________________________________ While younger than the non-Hispanic population, the Hispanic or Latino population has aged faster over the past decade, according…

Multifamily Building Boom Poised To Transform New Jersey’s Northeast Morris County ________________________________________________________________________________ Apartment Stock Expected To Increase by 42% As Obsolete Offices Are Redeveloped Northern New Jersey’s urban cores, namely…

Morris County Increases Veterans Services & Support $300,000 Invested in Programs as Veterans Services Space Expands __________________________________________________________________________ The Morris County Veterans Services Office (VSO) is expanding accommodations, staff and key services…

Large Cities Grew Faster or Lost Fewer People in 2022 According to U.S. Census Estimates ________________________________________________________________________________ Many cities at the core of large U.S. metropolitan areas were no longer among…

Real Estate Study Focused on Identifying Trends in Online Search Behavior __________________________________________________________________________________________________________________________________________________ More than 8 in 10 tenants and investors report they are likely to conduct their own independent online…

NJEDA Aspire Program To Support Real Estate Development Projects __________________________________________________________________________________________ Aspire is a gap financing tool to support commercial, mixed use, and residential real estate development projects that replaces the…