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Bill > A3052


NJ A3052

NJ A3052
Requires EDA to create needs-matching website for eligible entities.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill requires the New Jersey Economic Development Authority (EDA) to create a website for the purpose of matching the needs and supplies of eligible entities. As defined in the bill, "eligible entity" means an entity doing business in this State in at least one of the following industries: advanced computing, advanced materials, biotechnology, electronic device technology, information technology, life sciences, medical device technology, mobile communications technology, or renewable energy technology. The EDA is required to make this website available to eligible entities including, but not limited to, businesses, real estate professionals, medical institutions, research facilities, non-profit organizations, professional associations, higher education institutions, and investors. Under the bill, the website is required to provide a platform on which an eligible entity may match its needs with a supplier for physical locations, equipment, labor, and other appropriate assets or services. The EDA is also required to provide a list of public and private funding sources and investment opportunities, including information on State and federal grant programs, which may be appropriate for an eligible entity.

AI Summary

This bill mandates that the New Jersey Economic Development Authority (EDA) create and maintain a website to help "eligible entities" find resources and partners. An "eligible entity" is defined as a business operating in New Jersey within specific high-tech sectors like advanced computing, biotechnology, life sciences, or renewable energy technology. The website will serve as a platform where these eligible entities can post their needs for physical locations, equipment, labor, or other services, and connect with suppliers who can meet those needs. Additionally, the EDA will include on the website a comprehensive list of public and private funding sources, including state and federal grants, and investment opportunities relevant to these businesses, aiming to foster innovation and growth within these key industries.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Introduced, Referred to Assembly Science, Innovation and Technology Committee (on 01/13/2026)

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