Makes FY 2020 supplemental appropriation of $25 million for Economic Development Authority for augmenting State's investment in technology start-up ventures.
This bill appropriates $25 million from the General Fund to the Economic Development Authority for technology start-up ventures. It specifically allocates the full amount to the "Newark Venture Partners Public Private Partnership for Technology" program. The funds supplement existing FY 2020 state appropriations to augment New Jersey's investment in early-stage technology companies, directly supporting tech startups through this partnership. This is a one-time supplemental funding measure, not a new program.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Science, Innovation and Technology Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Eliana Pintor Marin
DDemocratic
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