(TRENTON) - Legislation sponsored by Assemblywoman Bonnie Watson Coleman to expand the scope and reach of small, women- and minority-owned businesses throughout New Jersey by providing loans through the New Jersey Economic Development Authority was approved Monday by the General Assembly.
"Our economy cannot thrive unless it gives everyone a chance to be successful," said Watson Coleman (D-Mercer/Hunterdon). "We are all vastly interconnected and our success as a state depends on being able to invest in both urban and outlying areas. Small, women and minority-owned businesses in surrounding urban regions where jobs are often needed the most must be a part of any economic revival."
Under the bill (A-2122), when the Economic Development Authority makes direct loans to small, women and minority-owned businesses, manufacturers, redevelopers or nonprofit organizations in areas designated by the State Development and Redevelopment Plan as urban centers, it must also include such businesses located in "regional centers" surrounding these urban areas.
Contact Eva Loayza at (609) 847-3500
Add New Jersey native and former basketball star Shaquille O’Neal to the list of people who would like to see Gov. Chris Christie run for president.Read More >
Ramos campaign war chest in Newark mayorial race now more than $500,000 BELLEVILLE - Nanina's in the Park restaurant borders Branch Brook Park, where thousands of cherry blossoms bloom every spring. On Monday night, Newark mayoral candidate Anibal Ramos, Jr., blocks from the North Ward councilman's neighborhood, hoped that...
By Christopher Durkin Many New Jersey lawmakers have fought to make it easier to vote. And there has been considerable progress in terms of voter access and information. Voter registration has been made easier, with forms available online that... Read More >
"He can't be trusted to run a toll bridge, how can he be trusted to run a country?" - Assemblyman John Wisniewski (D-19), chair of the Assembly Transportation Committee, on Gov. Chris Christie.- MSNBC
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.