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(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
The Two River Times, a weekly local newspaper covering affluent towns on along the Navesink and Shrewsbury Rivers, was sold earlier this month. On July 11, Domenic M. DiPiero III of Rumson, bought the quirky community newspaper from its previous owner, Michael "Mickey" Gooch.Read More >
Christie to Newark hecklers: 'I've spent as much time in Newark as anyone else' BELMAR - Gov. Chris Christie's got nothing but love for The Brick City, or so he says. In response to a Newark school student here today -- a 17-year-old president of the Newark Student Union...
By Linda Stender At his most recent town hall, Gov. Chris Christie accused his predecessors of "monkeying with the math" when it comes to their handling of our state's economy. But as the old saying goes, when the governor points a finger, he... Read More >
"Go to Mayor [Cory] Booker and ask him if he thinks in the years that he was mayor if I ignored Newark. The fact is I've spent as much time in Newark as anyone else." - Gov. Chris Christie- PolitickerNJ
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