New Jersey Economic Development Authority

11/20/2024 | Press release | Distributed by Public on 11/20/2024 14:41

NJEDA Releases Draft Next New Jersey Program Rules for Public Feedback

November 20, 2024
< 1 minute read

NJEDA Releases Draft Next New Jersey Program Rules for Public Feedback

Next New Jersey Program will provide tax credits to innovative AI companies

TRENTON, N.J. (November 20, 2024) - The New Jersey Economic Development Authority (NJEDA) is seeking public input on draft rules for a new program aimed at drawing significant investment, creating high-paying jobs, and cementing New Jersey's position as a leader in the Artificial Intelligence (AI) industry. The Next New Jersey-AI program will offer tax credits for companies ready to invest in New Jersey's AI sector and commit to the state's long-term growth.

WHAT: A virtual listening session will be held at 11:00 a.m. on Friday, November 22, 2024. Click here for more information.

WHO: Feedback must be submitted in writing no later than 5:00 p.m. on Monday, December 2, 2024. Written feedback can be submitted here.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.

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