The New Jersey-Israel Commission launched a new website and contact form June 8 to help Israeli-related businesses engage with the state.
To better serve Israeli companies looking to expand, relocate, pilot technologies or partner within New Jersey, the Commission developed the new application in partnership with the New Jersey Office of Information Technology to encourage the sharing of information and for more efficient communication.
Feedback from the Commission’s various committees helped in the implementation and development process.
When looking at the last nearly 20 years, 78% of all recorded Israeli foreign direct investment and 69% of all Israeli FDI-related job creation in the Garden State has taken place since Gov. Phil Murphy first took office. From 2018 to 2021, FDI from Israel multiplied four times, worth an estimated $347.1 million. This has led to the creation of 1,120 jobs, including through the entry of new Israeli companies into the state.
From 2020 to 2021, New Jersey-Israel trade volume increased by 16.2%, from $1.33 billion to $1.55 billion, showing strong gains in economic relations.
“Delivering technology solutions for our agency’s customer needs is why we’re here,” said Chris Rein, New Jersey chief technology officer. “Working with the Commission has been a terrific partnership and I’m quite proud of Vernon Spencer and his team who have built this portal using a modern development platform and leveraging our internal skills within the Office of Information Technology.”
“The only way to attract more innovation is through innovation itself,” said Andrew Gross, executive director of the New Jersey-Israel Commission. “This new feature we are deploying is a demonstration of our commitment to streamline processes, utilize new technologies, and ensure that Israeli entities interested in New Jersey receive the attention they need.”