Governor Murphy Signs Package of Bills to Support Innovative Businesses in New Jersey

June 30, 2025 | nj.gov

Governor Murphy today (6/30) signed a three-bill package to help support New Jersey’s thriving innovation ecosystem by enabling entrepreneurs to start and grow their businesses in the Garden State.

“Over the course of our administration, we have firmly established New Jersey as a global leader in technology and innovation. Aided by strategic investments to provide our entrepreneurs with the tools and resources necessary to drive their businesses forward, New Jersey has become the destination to both start and scale a business,” said Governor Murphy. “Today’s bill signing underscores our commitment to aspiring entrepreneurs and innovative companies while driving our state’s economy forward.”

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NJ SEED: Entrepreneurism is the seedbed of economic growth. Entrepreneurial ventures lead to small business development and successful small businesses lead to bigger businesses.