Collaboration Builds on Business Energy’s Mission to Support the Future of Work
Westfield, NJ, May 2, 2019—Westfield’s coworking and networking community Business Energy announced today that it has received approval from the New Jersey Economic Development Authority (NJEDA) to join its NJ Ignite program. Through NJ Ignite, Business Energy joins a list of collaborative workspaces that can offer rent support to startups moving into their space. To date, a total of 15 collaborative workspaces in New Jersey have been approved to participate in the program and Business Energy is the only space that has been approved in Union County.
NJ Ignite will provide up to half of an 18-month commitment of rent-support grants for early-stage technology and life sciences startup businesses moving to Business Energy. The funding is made possible through a combination of support from the NJEDA and Business Energy, with the NJEDA and Business Energy providing rent for half the length of the approved tenant’s commitment.Continue reading