Terence M. (“Terry”) O’Toole Chairman New Jersey Economic Development Authority | Official Website
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New Jersey Review | Jun 25, 2025

NJEDA seeks operator for new business acceleration program

The New Jersey Economic Development Authority (NJEDA) has released a Request for Proposal (RFP) to find an Operator to manage the New Jersey Business Acceleration and Softlanding Ecosystem (NJ BASE) in Jersey City. This initiative aims to attract international companies by providing office space and marketing services, facilitating their expansion in the United States.

NJ BASE is designed as a launchpad for foreign businesses looking to establish or grow their operations in the U.S. It offers complimentary coworking space, business support, and a six-week Business Immersion Program that integrates participants into New Jersey's innovation ecosystem. The RFP intends to award a contract for three years, with options for two additional one-year extensions.

Questions regarding the RFP must be submitted by 2:00 p.m. on Monday, July 7, 2025. Responses are due by 2:00 p.m. on Tuesday, July 29, 2025.

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