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New Jersey Economic Development Authority
The New Jersey Economic Development Authority (EDA) is an independent government entity in the U.S. state of New Jersey dedicated to broadening and expanding the state's economic base. The EDA creates public-private partnerships to provide access to capital by New Jersey's business community. The EDA's primary emphasis is on providing access to funds for small and mid-size businesses and nonprofit organizations. The EDA also supports entrepreneurial development through training programs. Real estate development projects that will create business opportunities and enhance community revitalization efforts, are another goal pursued by the EDA. 2019 audit In January 2019, Governor Phil Murphy signed an executive order to initiate an audit of the tax incentives made to businesses by the New Jersey Economic Development Authority. It found numerous cases were tax credits given during the governorship of Chris Christie Chris Christie took office as the 55th governor of New Jersey o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeast megalopolis, it is bordered to the northwest, north, and northeast by New York (state), New York State; on its east, southeast, and south by the Atlantic Ocean; on its west by the Delaware River and Pennsylvania; and on its southwest by Delaware Bay and Delaware. At , New Jersey is the List of U.S. states and territories by area, fifth-smallest state in land area. According to a 2024 United States Census Bureau, U.S. Census Bureau estimate, it is the List of U.S. states and territories by population, 11th-most populous state, with over 9.5 million residents, its highest estimated count ever. The state capital is Trenton, New Jersey, Trenton, and the state's most populous city is Newark, New Jersey, Newark. New Jersey is the only U.S. stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phil Murphy
Philip Dunton Murphy (born August 16, 1957) is an American politician, diplomat, and financier serving as the 56th governor of New Jersey since 2018. A member of the Democratic Party (United States), Democratic Party, he was elected governor in 2017 New Jersey gubernatorial election, 2017 and narrowly reelected in 2021 New Jersey gubernatorial election, 2021. Murphy was the List of ambassadors of the United States to Germany, U.S. ambassador to Germany from 2009 to 2013 under President Barack Obama. Born and raised in Needham, Massachusetts, Murphy has degrees from Harvard University and the University of Pennsylvania's Wharton School. He had a 23-year career at Goldman Sachs, where he held several high-level positions and accumulated considerable wealth before retiring in 2006. He then became active in politics. He was finance chairman for the Democratic National Committee in the mid-late 2000s under Howard Dean. While planning to run for governor of New Jersey, Murphy and hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Incentive
A tax incentive is an aspect of a government's taxation policy designed to incentive, incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy. Among the positive benefits, if implemented and designed properly, tax incentives can attract investment to a country. Other benefits of tax incentives include increased employment, higher number of capital transfers, research and technology development, and also improvement to less developed areas. Though it is difficult to estimate the effects of tax incentives, they can, if done properly, raise the overall economic welfare through increasing economic growth and government tax revenue (after the expiration of the tax holiday/incentive period). However, tax incentives can cause negative effects on a government's financial condition, among other negative effects, if they are not properly designed and implemented. According to a 2020 study of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governorship Of Chris Christie
Chris Christie took office as the 55th governor of New Jersey on January 19, 2010, began his second term on January 21, 2014, and left office on January 16, 2018. Electoral history Cabinet Finances and budget 2010 New Jersey budget Governor Christie declared a "state of emergency" and laid out plans for more than US$1 billion in cuts to the state budget in an address to the New Jersey State Assembly on February 10, 2010. The budget included a carefully crafted plan requiring school districts to spend their surpluses in order to allow the state to withhold US$400 million in aid funding while retaining federal stimulus eligibility and avoiding the need for the legislature to pass a bill. Due to falling revenues and growing expenses, the Christie administration inherited a US$1.3 billion budget deficit from the US$29 billion 2009 New Jersey budget passed by Jon Corzine's administration. On February 9, 2010, he signed Executive Order No. 12, which placed a 90-day freeze on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Agencies Of New Jersey
State most commonly refers to: * State (polity), a centralized political organization that regulates law and society within a territory **Sovereign state, a sovereign polity in international law, commonly referred to as a country **Nation state, a state where the majority identify with a single nation (with shared culture or ethnic group) ** Constituent state, a political subdivision of a state ** Federated state, constituent states part of a federation *** U.S. state * State of nature, a concept within philosophy that describes the way humans acted before forming societies or civilizations State may also refer to: Arts, entertainment, and media Literature * '' State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * '' Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Incubators Of The United States
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Corpora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
