What does the State Plan do?

• Improves coordination efforts across state, county, and municipal governments to streamline economic development efforts.
• Advocates for the simplification of regulatory processes to reduce delays and costs to support businesses and urban revitalization.
• Fosters interstate cooperation to engage in much-needed infrastructure and regional economic growth, while preventing bidding wars.

Why it matters:

• Efficient government processes facilitate economic development and urban revitalization.
• Coordination increases the effectiveness of public resources and services.
• Streamlined regulations help lower costs for businesses and promote further investments into our communities.
• Strong partnerships support sustainable growth, while maintaining healthy regional competitiveness.

What does the State Plan do?

• Promotes the retention and expansion of existing businesses while attracting new businesses by proposing financial incentives, regulatory reforms, and technical assistance in downtown areas.
• Focuses on expanding high-growth sectors, such as technology and clean energy, that align with New Jersey’s strengths and keeps New Jersey economically competitive.
• Promotes the modernization of industries through technological advancements and worker retraining programs.
• Promotes support to small businesses and mixed-use business districts located in New Jersey’s cities, towns, and downtown areas.
• Promotes the development of trade policies and programs that encourage the use of goods and services produced within New Jersey.

Why it matters:

• Retaining and expanding businesses helps to strengthen the local economy and creates job opportunities.
• Modernizing businesses keeps them competitive and prepared for future challenges, while attracting out of state companies and employers.
• Supporting small businesses fosters innovation and a sense of community.

What does the State Plan do?

• Calls for alignment of educational programs with industry needs to help develop a skilled workforce to meet future labor demands.
• Promotes targeted training, apprenticeships, and job placement services to equip workers with the necessary skills to succeed in the workforce.
• Calls for coordination of public and private sector development with secondary schools and higher education programs to best meet labor market demands.
• Promotes support to small businesses and mixed-use business districts located in New Jersey’s cities, towns, and downtown areas.
• Promotes the development of trade policies and programs that encourage the use of goods and services produced within New Jersey.

Why it matters:

• A skilled workforce drives economic competitiveness and innovation.
• Training and job placement programs provide individuals with necessary tools for success.
• Inclusive workforce development helps ensure equitable opportunities for all residents.
• Collaboration between economic sectors helps address and improve labor market efficiency.

What does the State Plan do?

• Promotes regional planning that balances housing, employment, and transportation to create vibrant and sustainable communities.
• Outlines infrastructure investments that would support efficient movement of goods through New Jersey’s ports, airports, and road/rail systems.
• Encourages the redevelopment of underutilized urban areas to create vibrant downtown areas.
• Calls for housing, commerce, and employment opportunities to be well-connected to reduce travel times and improve living standards.

Why it matters:

• Effective regional planning creates well-connected and sustainable communities.
• Investment in infrastructure boosts economic activity and enhances logistical efficiency.
• Revitalization of urban areas leads to increased economic opportunities and improved quality of life.
• Balancing the location of housing and job centers makes communities better connected and reduces congestion.

What does the State Plan do?

• Promotes sustainable economic practices by encouraging businesses to utilize safe, healthy, and resource-efficient operations.
• Recognizes the agricultural sector and urban farming as essential contributors to New Jersey’s economy.
• Recommends implementation of policies that reflect true social, economic, and environmental costs to ensure sustainable growth.
• Incentivizes industries that focus on renewable resources, reducing emissions, and minimizing waste.

Why it matters:

• Sustainable development practices are beneficial to the economy and the environment.
• Supporting green industries leads to a cleaner economy and further job creation in emerging sectors.
• Integrating sustainability into business models reduces environmental impacts and improves the efficient use of resources.
• Sustainable growth helps protect New Jersey’s natural resources and provides sufficient public infrastructure for future generations.