Explore: Drug Discovery · Water Tech · Workflow Automation · Marketplaces · Pre-Seed · Seed
New Jersey Innovation Evergreen Fund
New Jersey Economic Development Authority
Investment Thesis
A tool to increase access to strategic resources and venture capital in New Jersey by deploying capital alongside professional venture capital firms into high-growth businesses.
About New Jersey Innovation Evergreen Fund
The New Jersey Innovation Evergreen Fund is a public-private venture program run by the New Jersey Economic Development Authority that co-invests with qualified venture firms in early-stage, New Jersey-based companies. It is designed to expand access to capital, support innovation sectors, and recycle returns back into the fund so it remains self-sustaining.
Sectors
Stages
Geographic focus
Notable Investments
Unspecified New Jersey-based startups receiving NJIEF funding, Five startups receiving $4.65M in aggregate NJIEF investment
Verified 26 March 2026 · Sources: company website, Fusion42 review
Frequently asked questions
- What does New Jersey Innovation Evergreen Fund invest in?
- New Jersey Innovation Evergreen Fund invests in Drug Discovery, Water Tech, Workflow Automation, Marketplaces and Medtech at the pre-seed and seed stages.
- Which geographies does New Jersey Innovation Evergreen Fund focus on?
- New Jersey Innovation Evergreen Fund focuses on United States, and is headquartered in United States.
- What is New Jersey Innovation Evergreen Fund's typical check size?
- New Jersey Innovation Evergreen Fund typically writes checks of up to $12.5M.