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Biz in Brief
Business news from around South Jersey.

by Staff

Capehart Scatchard attorneys and staff spent several weeks collecting the toys, clothes, gift cards and more items on Ronald McDonald House of Southern New Jersey’s holiday wish list.

Phillies Charities announced its 2023 community heroes in late November, to which it will award a collective $2.1 million in grants. The Alice Paul Institute and Camp No Worries were among the charitable organizations honored.

In early December, Moody’s Investor Services maintained Burlington County’s Aa1 credit rating, citing the county’s wealthy local economy, stable reserves, strong governance and favorable location.

The New Jersey Cannabis Regulatory Commission (NJ-CRC) has approved reducing medical cannabis patients’ registration and renewal fees. As of Dec. 7, those costs are now $10 for two years, rather than the previous $50 for most registrants.  

When The Salvation Army Camden Kroc Center’s Toy Shop ran from Dec. 12-15, a team of 35 Freedom Mortgage employees were among the volunteers ensuring that shoppers secured gifts for thousands of children throughout the Camden community. 

The newly established First Harvest Direct Call Center division has helped the First Harvest Credit Union create 21 new jobs in the South Jersey area. The initiative created a digital banking center to provide world-class service to members.

The New Jersey Manufacturing Extension Program recently began its Future Makers and Creators Tour, visiting schools in all 21 counties. The statewide tour offers seventh through 10th graders a hands-on opportunity to learn more about advanced manufacturing technology, meet with the region’s manufacturers and discover employment opportunities available right in their community.

On Dec. 13, the New Jersey Bankers Association and some industry volunteers brought holiday cheer to the Community FoodBank of New Jersey, providing breakfast for more than 100 of the food bank’s employees while sorting and packing food in its warehouse.

Gov. Phil Murphy and Princeton University President Christopher Eisgruber announced plans to establish a hub for artificial intelligence (AI) activity in New Jersey, in collaboration with the New Jersey Economic Development Authority (NJEDA). The partnership intends to promote innovation while expanding the university’s presence as a global AI leader. 

South Jersey Industries (SJI), Captona and RNG Energy Solutions announced their partnership Dec. 18, which will allow them to construct one of the largest food waste-to-renewable natural gas projects in the country, The Linden Renewable Energy Project.

On Jan. 8, both houses of the state legislature voted on a bill to permanently lift restrictions on how customers are served by the likes of breweries, brew pubs and similar businesses. Approved without exception by both assembly and senate committees, the measure reflects a compromise after Gov. Phil Murphy had objected to an earlier version.

Law firm Genova Burns has recently formed a distressed assets task force to navigate complex matters across lending, banking, bankruptcy and more.

Dr. James George, a former Woodbury doctor who discovered his artistic talents after an accident left him paralyzed in all four limbs, has donated $1 million to launch the George Family Center for Healing Arts of Rowan University. In partnership with the Ric Edelman College of Communication & Creative Arts, the center will foster wellness and growth through expressive arts that heal and inspire.

In December, the New Jersey Economic Development Authority approved a public space activation grant for Stockton University, awarding the school a $1 million grant to promote arts and culture in Atlantic City. 

It was recently announced that the Habitat for Humanity of South Central New Jersey (Habitat SCNJ) and Camden County Habitat for Humanity are coming together in a merger. By pooling their resources, the newly united organization will be better equipped to serve more families and advance affordable housing initiatives in in 113 municipalities throughout Burlington, Mercer, Atlantic, Camden, and parts of Middlesex counties. 

On Dec. 15, the board of the New Jersey Cultural Trust approved a total of $798,395 in grants supporting capital projects at 21 nonprofit cultural organizations. Two projects in Camden County—one for the Camden County Historical Society and one benefiting the Home Port Alliance for the USS New Jersey Inc.—each received $40,000, while the Gloucester County Historical Society was awarded $39,997. 

The TD Charitable Foundation, TD Bank’s charitable giving arm, has just announced that $7 million is available in grants through its 18th annual Housing for Everyone grant program. The Cherry Hill-based financial institution noted that this year’s competition focuses on nonprofit organizations providing services to support independent living for marginalized community members. Applications will be accepted until 4 p.m. on Feb. 13, and more details can be found on TD’s website.

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Published (and copyrighted) in South Jersey Biz, Volume 14, Issue 1 (January 2024).

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