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RealShare NJ Preview: EDA Head Lizura Says NJ Known for ‘Innovation Ecosystem’

NJ EDA President Timothy Lizura, pictured at groundbreaking for Aerofarms warehouse-base farming company, Newark, NJ NJ EDA President Timothy Lizura, pictured at groundbreaking for Aerofarms warehouse-base farming company, Newark, NJ (Steve Lubetkin photo/StateBroadcastNews.com)

FLORHAM PARK, NJ—There are a wide range of reasons for companies to choose to locate in New Jersey, according to Timothy Lizura, president & chief operating officer, New Jersey Economic Development Authority.

“The State offers a highly educated and skilled workforce, an ideal location in terms of travel and proximity to customers, and logistical advantages such as access to major ports, highways, and rail lines,” says Lizura, who will be delivering the opening keynote address at this year’s RealShare New Jersey Conference. “Starting with the Urban Transit Hub program, we have incented companies and developers to invest near transit centers in areas like Newark, Jersey City, and New Brunswick. As today’s workforce gravitates toward accessible, amenity-rich communities, we continue to encourage development in those areas through programs administered under the Economic Opportunity Act.”

Lizura is scheduled to open the RealShare NJ conference at 8:35 a.m. The conference kicks off Tuesday, September 19 at 7:30am at the Brooklake Country Club, 139 Brooklake Road, Florham Park, NJ.

In comments provided exclusively to GlobeSt.com in advance of his appearance at the conference, Lizura described New Jersey as having pioneered an ‘innovation ecosystem.’

“That reputation continues thanks, in part, to the merger of the State’s higher education institutions and our ever-evolving support for the technology and life sciences industry,” he says. “Several companies that have chosen New Jersey over alternate sites in more recent times are adding to that legacy. From Modern Meadow, which grows leather in a lab environment, to Aerofarms, which cultivates leafy greens indoors — without soil, New Jersey is leading the way to a new era in innovation. Even companies like Nuts.com with more traditional manufacturing roots in the Garden State are seeking work environments that foster the collaborative, adaptable organizational cultures of today’s dynamic companies.”

The EDA has a number of ways to work with companies to add New Jersey to their site selection decision process, he says.

“The EDA is excited to support developers, entrepreneurs, mom and pop businesses, and companies of all sizes with tools that will encourage them to invest and thrive in New Jersey,” Lizura says.

More information on the RealShare New Jersey Conference is available here.


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