The New Jersey Economic Development Authority (NJEDA) has launched a digital platform aimed at connecting entrepreneurs with investors. Named the Innovation Network Capital New Jersey (INC-NJ), this initiative is intended to unify the state’s innovation ecosystem, facilitating interactions between emerging companies and potential funders.
NJEDA Chief Executive Officer Tim Sullivan stated, “Under Governor Murphy’s leadership, New Jersey’s innovation economy continues to attract highly skilled entrepreneurs looking to bring new technologies to market.” He added that INC-NJ will ease the process for business owners seeking investor connections, thereby fostering job creation and economic growth within the state.
Through INC-NJ, emerging companies based in New Jersey can showcase their ventures and build relationships with investors. The platform allows investors to find businesses that meet their investment preferences. Additionally, all users can access curated funding resources and stay updated on industry news.
The NJEDA’s semiannual NJ Founders and Funders events are designed to introduce innovative companies to investors. The launch of INC-NJ is expected to expand these efforts by enabling more entrepreneurs and investors to connect. This platform aligns with the Strategic Innovation Centers being established across New Jersey, further integrating companies into the innovation network.
Eligibility for joining INC-NJ includes New Jersey-based companies with fewer than 225 employees in targeted industries and U.S.-based investors or those already participating in NJEDA programs. Companies not registered in New Jersey may join but will have limited access.
For more information about INC-NJ, visit https://www.njeda.gov/inc-nj/. To join, go to www.inc-nj.com. Inquiries can be directed to connect@inc-nj.com.
