Technium Launches Angel Guarantee Program

The New Jersey Economic Development Authority (EDA) announces a pilot program to encourage angel investing in New Jersey.

Launched as part of the Technium initiative, the Angel Guarantee Program allows angel investors to insure up to one third of the capital at risk. Only members of Jumpstart are eligible for this program during the pilot period.

Click here to read article about the first investment made under this program.

Technium is a new initiative of the EDA aimed at encouraging the location and growth of technology companies and jobs in New Jersey by providing a continuum of customized, streamlined, long-term support as they advance through their life cycle of growth. The EDA has assembled a team of experienced individuals and consultants that understands the needs of growing technology and life sciences companies as they discover their products and technologies and seek to achieve commercial success. The EDA team is dedicated to working with a company to help it achieve critical milestones as it progresses through its business cycle. Early-stage or established, if your company is seeking assistance as you develop new technologies or grow new jobs in New Jersey, the EDA's Techniuum stands ready to meet your needs.

For more information, email info@jumpstartnj.com.