New Jersey FutureRedevelopment ForumThe Mega-Ships are Coming:Understanding the Landside Impacts of a Modern Port

Partnership for Action

Private/Public Partnership for Economic Development led by Lt. Governor Guadagno

Four Entities:

• Choose New Jersey – Business Attraction and Retention, Marketing, Market Research and Site Identification Assistance

• New Jersey Business Action Center – Business Outreach, Business Advocacy and State Agency/Department Assistance

• New Jersey Economic Development Authority – Incentives, Financing

• Secretary of Higher Education – Research partnerships, workforce

Choose New Jersey

Through an integrated marketing and business attraction and retention efforts, Choose New Jersey:

• Stimulates job creation and capital investment throughout the State

• Encourages development and investment, including making New Jersey’s urban centers engines for growth and opportunity

• Leverages strategic and collaborative partnerships to generate awareness and keep New Jersey on the map as a premier business location

• Collaborates with higher education partners to encourage research, discovery, and innovation

Perfectly Located

• #1 maritime cargo center on the east coast

• 5 Foreign Trade Zones

• 1,000 miles of freight rail lines

• 2,800 miles of interstates and highways

• 22 million consumers within a 2 hour drive and 130 million consumers within a 1 day drive of central NJ

World-Class Industry Clusters

• Aerospace/Aviation/Defense

• Financial Services

• Information Technology

• Life Sciences

• Logistics• E-Commerce• Food• Apparel

• Manufacturing• Food/Flavors/Fragrances• Chemicals • Plastics

Game-Changing Tax Incentives

2013 Economic Opportunity Act

Grow New Jersey Assistance Program• $500 to $15,000 credit per job,

per year – for up to 10 years• Minimum threshold of 10 jobs for

technology start-ups and manufacturing companies; 25 jobs for targeted industries, including life sciences

Business Attraction and Retention Outreach

ATTRACTION:

• Business lead generation to targeted sectors and sub-sectors of industry• Domestic: New York, PA, CT, MD, NC & SC• International: Canada, UK, Germany, Netherlands, Switzerland

• Conference and Trade Show attendance:• Site Selectors Guild• Industrial Asset Management Council• Select USA Investment Summit and targeted Select USA road shows• Hannover Messe – largest industrial trade show in the world held annually in

Germany

RETENTION:

• Outreach to existing businesses in targeted sectors and sub-sectors of industry

Choose New Jersey Services

• Industry Research

• Site Visits

• RFI / RFP Support

• Incentives Identification

• Real Estate Showcase

• Procurement Database

• Public-Private Introductions

Choose New Jersey, Inc.www.choosenj.com

Margie Pilierempiliere@Choosenj.com+1 609-297-2190