As introduced: - Establishes a $175.5 million program in the New Jersey Economic Development Authority (EDA) to provide grants of up to $500,000 for the development of AI innovation hubs and low-interest loans of up to $1 million to AI businesses. - Creates a separate grant program in the EDA to assist start-up and small businesses in adopting artificial intelligence technologies. - Establishes a consultancy program in the EDA to offer technical assistance to small and medium-sized businesses seeking to implement AI.
| Date | Chamber | Action |
|---|---|---|
Jan 13, 2026 | — | Introduced, Referred to Assembly Commerce and Economic Development Committee |
| Last Action | Jan 13, 2026 |
|---|---|
| Year | 2026 |
| Bill Type | Bill |
| Created | Mar 21, 2026 |
| Updated | Jan 29, 2026 |