Archive for Tag: Economic Development Authority

Grants are great first step toward solving Salem County’s food desert crisis, says McCarthy Patrick

TRENTON, N.J. – The City of Salem and Penns Grove in Salem County are receiving $125,000 and $100,000, respectively, through a grant program administered by the Economic Development Authority to address the area’s lack of grocery stores and access to fresh food. Assemblywoman Bethanne McCarthy Patrick, who has been...

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Sawyer connects mayors to state reps and resources at roundtable

SWEDESBORO, N.J. – As a skilled entrepreneur turned state lawmaker, Assemblywoman Beth Sawyer understands the importance of face-to-face connections, so she brought everyone to the table – literally – at a recent event with local leaders from Gloucester, Salem and Cumberland counties and state agency officials. Her goal was...

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DePhillips introduces bill to boost state’s angel investor tax credit program again

TRENTON, N.J. – In 2019, Assemblyman Christopher DePhillips sponsored legislation that successfully doubled the angel investor tax credit. Noting increased competition from neighboring states and a lagging economy, he introduced a bill Tuesday to increase the tax credit again. DePhillips’ bill (A5056) increases the tax credit for investments in...

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