Find a Cofounder in New Jersey
New Jersey is home to over 682,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 78 from New Jersey and start your founder journey today!
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Entrepreneurship in New Jersey
The entrepreneurship environment in New Jersey is vibrant and dynamic, characterized by a thriving culture of innovation and a strong startup ecosystem. The state is home to numerous tech startups, biotech firms, and other innovative businesses. Several top universities such as Princeton University and Rutgers University provide an academically rigorous environment that fosters research and innovation, and their tech transfer offices are often instrumental in turning academic research into commercial ventures. Furthermore, New Jersey's proximity to major cities like New York and Philadelphia gives entrepreneurs access to a large and diverse market. Access to funding is another key factor that makes New Jersey attractive for entrepreneurs. The state offers various funding options, ranging from angel investors and venture capital to state-sponsored funding programs. For instance, the New Jersey Economic Development Authority provides financial assistance to small businesses and startups through its various loan and grant programs. Additionally, there are numerous incubators and accelerators that help startups grow by providing mentorship, office space, and sometimes capital. Overall, New Jersey provides a conducive environment for entrepreneurs to start and grow their businesses.
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New Jersey founders in numbers
New Jersey boasts a dynamic and thriving entrepreneurship environment with a total of 682,000 entrepreneurs. Amongst these innovative minds, CoffeeSpace is proud to have 78 active users who are making strides in their respective fields. The state's entrepreneurial landscape is largely dominated by three prominent industries: Artificial Intelligence (AI), Financial Technology (FinTech), and Analytics. Top companies such as Accenture, AT&T, and Avero are leading the entrepreneurial wave, contributing to the state's vibrant business ecosystem. A significant number of these entrepreneurs have prestigious educational backgrounds, with many being alumni of Rutgers University, Centenary University, and Fairleigh Dickinson University. These institutions are known for fostering innovation and entrepreneurial spirit, further enriching New Jersey's entrepreneurial environment.
The median age of CoffeeSpace founders in New Jersey is 36, while the average is 37.45.
A majority (54%) of CoffeeSpace founders in New Jersey are technical (Engineering, AI/ML), while (46%) are non-technical (Product, S/M, Financial, Operations).
A majority (56%) of CoffeeSpace founders in New Jersey, are exploring startup ideas, while 44% are committed to finding a cofounder.
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