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More Economic Stimulus on the Way

LIVINGSTON, NJ-Even after enacting a sweeping stimulus package this summer, the head of New Jersey's economic development agency plans more steps to make the state more business friendly.

By Maria Wood | Updated on October 01, 2009

LIVINGSTON, NJ-A joint meeting sponsored by the New Jersey chapter of CoreNet Global and the Economic Development Association of New Jersey was both a recap of bills that have been signed into law to help the state’s attractiveness to businesses as well as a stage for a few hints of what may be coming down the pipeline.

Speakers at the event included: Jerry Zaro, chief of the New Jersey Office of Economic Growth; Joseph Taylor, CEO of Matrix Development and chair of the Governor’s Real Estate Advisory Board; Steve Pozycki, CEO of SJP Properties and chair of the marketing subcommittee of the Real Estate Advisory Board; and Tim Lizura, senior vice president for business development for the New Jersey Economic Development Authority.

Taylor kicked off the session by saying that the mission of the advisory board, now a year old, was to make the state more competitive in the battle for businesses, remove hurdles to economic development and send a message to corporate America that New Jersey was “open for business.” Pozycki followed by saying that in the past, the state was not always consistent in its economic development efforts. But the appointment of Zaro, formerly a private developer, has helped in bringing about that consistency, Pozycki added.

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