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Quijano, Schaer, Albano, DeAngelo & Gusciora Bill to Boost Emerging Technology Businesses Advanced by Assembly Panel
Angel Investor Bill Part of Assembly Democratic Job Creation Efforts
(TRENTON) – Legislation Assembly Democrats Annette Quijano, Gary Schaer, Nelson Albano, Wayne DeAngelo and Reed Gusciora sponsored to boost emerging technology businesses and create jobs and economic growth for New Jersey was released Monday by an Assembly committee as part of Assembly Democratic job creation efforts.
The bill (A-1084) is known as the New Jersey Angel Investor Tax Credit Act. Angel investments are investments by wealthy individuals into high-risk start-up ventures.
“Start-up firms receiving such capital have a significantly higher rate of survival, faster growth and superior access to fundraising than early-stage firms devoid of angel financing,” said Quijano (D-Union). “It’s in New Jersey’s best interest to encourage angel investors to examine and invest in technology start-up businesses, as successful start-ups create jobs, generate wealth and enhance the overall well-being in the state..."
To read more please visit www.assemblydems.com
Newark mayor's race: pro-Jeffries independent expenditure group shows donations of $1.3 million, Wall Street ties in ELEC reportNEWARK - Newark First, the independent expenditure group that supports Newark mayoral candidate Shavar Jeffries in the run-up to the May 13 municipal election, has been on the attack lately against Jeffries'...
By HAYTHAM YOUNES As the May 13th election for Paterson officials nears, I've noticed a lot of candidates running using slogans and empty promises as if they weren't around watching Paterson get to where it's at today. I think it's important that... Read More >
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