Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Choose NJ’s RFP Watch

Choose New Jersey’s RFP Watch provides up-to-date information on business opportunities throughout the Garden State at a cost that is affordable for all companies – with a place of business in New Jersey – large and small.

To learn more click here

Business Development

Vendors Event: HINJ and Somerset County Business Partnership to Host 2017 Life Sciences Vendors Procurement Conference on November 2

New Brunswick, NJ, August 16, 2017 — The HealthCare Institute of New Jersey’s (HINJ) annual Life Sciences Vendors Procurement Conference is scheduled for Thursday, November 2 from 8:00 to 11:30 a.m. at Raritan Valley Community College, Route 28 and Lamington Road, North Branch, NJ.

The event — entitled “How to Do Business with Pharma and Medical Technology Companies” — will be co-sponsored by the Somerset County Business Partnership (SCBP) with support from Eli Lilly and Company and Allergan.

Senator Kip Bateman (R-Somerset) will be the special guest speaker at the event that aims to educate businesses, large and small, on trends on procurement and issues of importance to the industry. Continue reading

NJ Economic Development Authority Board Takes Action to Drive Pharmaceutical Manufacturing Growth

Trenton, NJ, August 13, 2017 — The Board of the New Jersey Economic Development Authority (EDA) took action on August 8 that will help advance one of the key legislative objectives of the Economic Opportunity Act (EOA) — driving growth in targeted industries.

Potential investment in the manufacturing sector was highlighted at EDA Board meeting, as three manufacturers of pharmaceutical products were approved for Grow New Jersey (Grow NJ) tax credits to either locate or expand in New Jersey.

Grow NJ is the main job creation and retention program administered under the EOA. Continue reading

Choose New Jersey CEO Michele Brown: ‘Access to Lab Space, Funding and Partners Help Biotech Companies Grow in Garden State’

Michele Brown (Photo: NJBIZ/Aaron Houston)

Trenton, NJ, August 1, 2017Choose New Jersey, Inc. led a delegation representing more than 20 New Jersey organizations — including top life sciences companies, universities, trade associations, state officials — as it showcased New Jersey’s assets and resources for biotechnology companies at BIO International 2017, which was June 19-22 in San Diego, California. 

Prior to the BIO event, Choose New Jersey President and Chief Executive Officer Michele Brown in June wrote:

When Hurel Corporation outgrew its incubator space at the Commercialization Center for Innovative Technologies (CCIT) in North Brunswick, New Jersey in 2016, it marked an important milestone for the biotechnology company. Continue reading

Center for Venture Research New Report: Angel Dollars and Deals Down in 2016

Durham, NH, June 22, 2017 — The angel investor market in 2016 experienced a decrease in investment dollars and deal size, according to a new report from the Center for Venture Research (CVR) at the University of New Hampshire.

CVR researchers found that total investments were $21.3 billion in 2016, a decrease of 13.5 percent from 2015.

In 2016, a total of 64,380 startups and other entrepreneurial ventures received angel funding – a decline of 9.5 percent from 2016.  Continue reading

NJ EDA to Fill Market Need for Seed-Stage Capital Through NJ CoVest Fund; Aims to Help New Innovative Tech and Life Science Companies Thrive

Trenton, NJ, April 18, 2017 — The New Jersey Economic Development Authority (EDA) on April 13 announced the creation of the NJ CoVest Fund, which will provide growth capital to early-stage technology and life sciences companies, driving up to $9 million in investment.

The NJ CoVest Fund will fill a market need in New Jersey, ensuring the availability of capital at a company’s critical stage between product development and commercial operation expansion, where limited funds are currently available and a funding gap exists. Continue reading

Surge of NJEDA Approvals Closes Out Active 2016 for State’s Angel Investor Tax Credit Program

Trenton, NJ, February 28, 2017 — The New Jersey Economic Development Authority (EDA) recently announced the approval of a record-breaking 251 applications through the state’s Angel Investor Tax Credit Program in 2016, representing the injection of more than $96 million in private capital into technology and life sciences companies throughout the Garden State.

In the fourth quarter of 2016 alone, the EDA approved 198 applications. Continue reading

NJEDA Creates Programs to Enhance Commercial Corridors in Garden State Growth Zones Designed to Stimulate Small Business Sector

Trenton, NJ, February 19, 2017 — The Board of the New Jersey Economic Development Authority (EDA) acted on February 14 to expand support of small business growth in Garden State Growth Zones (GSGZs) through the creation of the Business Lease Incentive (BLI) and Business Improvement Incentive (BII) programs.

The BLI and BII programs are designed to support the growth of retail and services in GSGZs by providing grants to street level new and expanding businesses. Continue reading

NJBIZ Editorial: NJ Tech Council’s Jim Barrood on ‘Recruiting New Business Is a Job for Everyone’

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Jim Barrood

New Brunswick, NJ, November 7, 2016In a November 6 editorial, NJBIZ writes:

Some may call it a publicity stunt — and, since we are writing about it here, it would be a successful one — but we feel the open letter from the New Jersey Tech Council to the New York tech community encouraging its members to cross the river is more than that.

To us, it’s another effort by forces in our state to help business and industry grow and flourish. And there can never be enough efforts in that direction.

The letter, penned by Jim Barrood, the Tech Council’s CEO and president, came in response to the latest battles new-era companies Airbnb and Uber are having with New York City and its seemingly anti-business Mayor Bill de Blasio. Continue reading

Event: NJEN’s to Host ‘New Jersey University Resources & Collaborations’ on November 9 at NJIT

Ycalendar-save-the-date-red-markerou are invited to join the New Jersey Entrepreneurial Network (NJEN) for its “New Jersey University Resources & Collaborations” event on Wednesday, November 9 from 12:00 to 3:00 p.m. at NJIT’s Eberhart Hall in Newark.

The event’s focus will be on how the state’s major research universities are a catalyst for economic growth, including pro-innovation entrepreneurship programs, R&D for public licensing, small business development and technology commercialization.

For additional information or to register, click here.

 

NJ Economic Development Authority Approves $35-Plus Million for Over 40 Tech and Biotech Companies via Technology Business Tax Certificate Transfer Program

nj-eda-economicTrenton, NJ, October 7, 2016 — Continuing its commitment to bolster the Garden State’s robust technology ecosystem, the New Jersey Economic Development Authority (EDA) announced on October 3 that 40 New Jersey technology and biotechnology companies have been approved to share over $35 million in Fiscal Year 2017 through the State’s Technology Business Tax Certificate Transfer (NOL) Program.

Administered by the EDA and the New Jersey Department of Treasury’s Division of Taxation, this competitive program enables eligible technology and biotechnology companies to sell New Jersey tax losses and/or research and development tax credits to raise non-dilutive cash to finance their growth and operations. Continue reading