#CapitalIntersect - New Jersey Innovation Authority established with law signed by Gov. Murphy | ROI-NJ

New Jersey Innovation Authority established with law signed by Gov. Murphy | ROI-NJ

New Jersey’s commitment to digital transformation is solidifying, evidenced by the establishment of the New Jersey Innovation Authority (NJIA). This isn’t simply bureaucratic reorganization; it’s a formal bet on the expanding market for streamlined government services, projecting a return of $167 million in economic activity in 2024 alone from facilitated entrepreneurship through NJ.Gov. This signifies […]

Hyundai XCIENT Fuel Cell Trucks to Be Tested in NJ

Hyundai’s XCIENT fuel cell trucks are slated for testing in New Jersey, potentially opening the door for substantial subsidies and infrastructure investment to support hydrogen fuel cell technology. While the article doesn’t specify the scale of the pilot, prior incentives suggest grants could reach $500,000 per vehicle, impacting the cost-benefit analysis of adopting this technology […]