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NJ Rallies Investment Power, Leveraging Capital from Garden State Venture Partners to Drive MedTech and Maternal Health Innovation
NJ Rallies Investment Power, Leveraging Capital from Garden State Venture Partners to Drive MedTech and Maternal Health Innovation

Yahoo

time4 days ago

  • Business
  • Yahoo

NJ Rallies Investment Power, Leveraging Capital from Garden State Venture Partners to Drive MedTech and Maternal Health Innovation

GLASSBORO, N.J., July 25, 2025--(BUSINESS WIRE)--Two transformative healthcare announcements this week mark a new era for New Jersey's innovation economy—with Garden State Venture Partners (GSVP) emerging as a key catalyst behind both. 1. MedTech Strategic Innovation Centers Backed by GSVP & NJEDA On July 21, NJEDA and Rowan University unveiled a major initiative to launch a Strategic Innovation Center, with locations in Camden and Mullica Hill, supporting early-stage medical technology companies with critical lab space, mentorship, and commercialization resources. GSVP, a New Jersey-based venture firm committed to fueling statewide innovation, is helping to make this possible through venture capital funding for early-stage medtech companies. Read release 2. A First-of-Its-Kind Maternal and Infant Health Innovation Center in Trenton Just one day later, Governor Murphy and First Lady Tammy Murphy broke ground on a Trenton-based center dedicated to maternal and infant health equity. The MedTech Strategic Innovation Center will also have a presence at the Maternal and Infant Health Innovation Center, which will focus on medical technologies that address racial disparities in care. Once again, GSVP will play a central role in helping bridge the gap between public health needs and private-sector innovation by accelerating promising, equity-driven health tech ventures. Read release Together, these initiatives represent over $100 million in coordinated investment, a model of public-private partnership, and a strategic bet on New Jersey as the next national hub for health tech and equity-focused innovation. GSVP's leadership and capital are essential to making that vision real. About Garden State Venture Partners Garden State Venture Partners (GSVP) is a next-gen venture capital firm built to attract and retain companies and talent within the state of New Jersey. GSVP is uniquely positioned to deepen existing partnerships and forge new ones across the state—catalyzing innovation and driving sustained economic success by connecting and investing in the state's innovation ecosystem. Learn more about GSVP at and access full leadership team bios here. View source version on Contacts Media Contact:Colleen Kendrick, CEONonprofit Partnersckendrick@ 1-800-298-9812 ext. 1

A recent Gen Z grad with $25,000 in student debt says his job search has made him accept he may never work in his dream field: 'I know that life isn't fair'
A recent Gen Z grad with $25,000 in student debt says his job search has made him accept he may never work in his dream field: 'I know that life isn't fair'

Business Insider

time19-07-2025

  • Business
  • Business Insider

A recent Gen Z grad with $25,000 in student debt says his job search has made him accept he may never work in his dream field: 'I know that life isn't fair'

Solomon Jones thought earning two college degrees would open doors. Instead, he's living at home and struggling to find work. Jones earned his bachelor's degree in sports communication with a minor in psychology this May. However, he's still looking for a full-time job and said he's received "hundreds of rejection emails." Jones, who has about $25,000 in student debt, is living with his parents in New Jersey while he looks for work. "The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," he said. "So at this point, I'm just trying to find a job, period." Jones is among the recent college graduates struggling to find work. As of March, 5.8% of recent college graduates ages 22 to 27 were unemployed — the highest it's been since 2013, aside from the pandemic-related spike and its recovery over the next year. These challenges are tied to a hiring slowdown across the economy. Amid tariff uncertainty and the early effects of AI adoption, US companies are now hiring at nearly the slowest pace since 2014. Jones started his higher education journey in 2017, enrolling at Rowan College of South Jersey, a community college. He initially pursued an education major before switching to liberal arts and graduated with an associate degree in 2020. He planned to enroll at Rowan University that fall to pursue his bachelor's, but he didn't receive enough financial aid to cover his tuition. Classes had also shifted online due to the pandemic, and he didn't want to pay for a college experience that didn't include in-person learning. So he waited. Over the next few years, Jones worked a string of jobs, including as a substitute teacher and teacher's aide — roles he was able to land without a bachelor's degree — and drove for Uber and DoorDash. "It's not something I wanted to do with my career, but it was something to pay the bills in the meantime," said the 26-year-old. "I was doing whatever I could to make some money." In 2023, Jones finally secured enough financial aid to pursue his bachelor's degree at Rowan, which he concluded in May before beginning his current job hunt. While layoffs remain low by historical standards, Americans who don't have a job and want one are in a tough spot. This has left many young college grads like Jones — new to the workforce and without roles to fall back on — particularly vulnerable. We want to hear from job seekers and people who've recently landed a job. If you're open to sharing your story, please fill out one or more of the linked Google Forms. Waiting for the college education to pay off Jones said he began applying for jobs shortly after starting at Rowan in 2023, hoping to secure work post-graduation. But starting early didn't give him the edge he hoped for. In recent months, he's broadened his job search, applying to everything from AI content editing to social media management roles. However, he's focused more on writing positions outside the sports world, as well as coaching and teaching jobs. He said he'd like to avoid returning to teaching, in part because it's something he was doing before earning his bachelor's degree. "I don't want to go that route because I don't want to go backward," he said. ​​Jones said some freelance writing gigs have provided pay that helps cover bills, but are too inconsistent and not enough to rely on. Some of the sportswriting roles he's landed pay based on the number of page views his articles receive, making steady income hard to come by. "If people aren't viewing your articles, then you're not going to get paid much," he said. Jones said he's had a hard time finding opportunities in the sports communications world and that some of the listings he does come across attract over 1,000 applicants. "It's a very brutal industry," he said. "A lot of us are struggling to find a job." Looking ahead, Jones said his goal is to move out of his parents' home by the end of the year. He still hopes to find a fulfilling job that complements his degree — and makes the student debt he took on feel worthwhile — but he knows this is far from a guarantee. "I want a job that is fulfilling — that I feel like I earned after going to college and taking on debt," he said. "But it's just been a struggle all around."

The milestone that divides Gen Z's career fortunes
The milestone that divides Gen Z's career fortunes

Business Insider

time14-07-2025

  • Business
  • Business Insider

The milestone that divides Gen Z's career fortunes

For Gen Z, landing a job isn't just about who you know — it's about when you graduated. Monica Para is one of the lucky ones. She landed a software engineering job in the fall of 2022, several months before graduating with a computer science degree from the University of Illinois. She said the salary has allowed her to travel about once a month, and she's now planning to pursue a secondary degree at the University of Chicago. "I'm at a position where I'm able to pay for my own Master's without having to take any loans," she said, "A privilege not many have." She's among the cohort in her generation that kickstarted their careers in a high-demand job market. At that time, just 3.9% of recent college graduates ages 22 to 27 were unemployed — the lowest rate since February 2020. Since then, however, the job market for recent grads has steadily worsened. As of March, the jobless rate for this group had climbed to 5.8%. This shift, driven by a broad hiring slowdown across several industries, has left recent grads like Solomon Jones facing a much tougher job market. Jones graduated from Rowan University in May with a degree in sports communications, but he's struggled to land a full-time role, and freelance writing gigs have provided inconsistent income. Jones, who has about $25,000 in student debt, is living with his parents in New Jersey while he looks for work, but said he's received "hundreds of rejection emails." In recent months, he's broadened his search to include various writing roles, as well as coaching and teaching positions. "The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," said the 26-year-old. "So at this point, I'm just trying to find a job, period." The economy of recent years has created a divide within Gen Z, the oldest of whom are now 28. Many who graduated into the red-hot job market and low-interest rate world of 2021 and 2022 got the chance to make good progress toward the American dream and could be well on their way to HENRY — high earner, not rich yet — status. More recent graduates, by contrast, have generally had a harder time, and could spend years getting a toehold in a career — and don't even ask them about buying a home. Have you landed a new job in the last few years and are open to sharing your story? Please fill out this quick Google Form. Struggling to find work? Please fill out this Google Form. How recent grads can progress in their careers in a tough job market In 2021 and 2022, US businesses hired at the highest rates in decades. But in 2023, hiring began to slow, a shift that persists today. Amid tariff uncertainty and the early effects of AI adoption, US companies are now hiring at nearly the slowest pace since 2014. While layoffs remain low by historical standards, Americans who don't have a job but want one are in a much tougher spot. This has left many young college grads — new to the workforce and without roles to fall back on — especially vulnerable. The impact of graduation timing extends beyond the job market. Some older Gen Zers were able to buy homes and lock in rock-bottom mortgage rates before borrowing costs began rising in 2022. That year, 30% of 25-year-old Gen Zers owned a home — a higher rate than millennials or Gen Xers had at the same age, according to a Redfin analysis. But rising home prices and mortgage rates have since stalled that momentum, yet another sign that for many in the generation, timing is everything. Still, some grads who entered the job market at an opportune moment have also faced career challenges, while others who graduated into a tougher environment have managed to find work. While Para was able to start working post-graduation, she said the job wasn't a good long-term fit. In March, after a roughly four-month search, she landed a data analyst position in the education field. She said she's happy with her new job — but more than anything, she's grateful to be employed. "I feel good about having a role because it gives me something to look forward to every day," said the Illinois resident. "I have friends who are younger than me, who graduated from elite universities, who still can't get a job a year-and-a-half after graduating." That's what Jahanvi Shah feared would happen to her. In the months before graduating from Cornell University in December 2023 with a master's in engineering management, Shah said she applied to over 500 jobs and secured five interviews, but none led to a full-time offer. As an international student, this put her immigration status in jeopardy. Because she was on an F-1 optional practical training (OPT) visa, she said she had a limited window to secure some form of employment after graduating. Otherwise, she'd have had to move back to India, where she was born and raised. Shortly before graduating, she landed a part-time product manager role that allowed her to stay compliant with her visa. In August 2024, nearly eight months after graduation, she landed a full-time role at a company that had previously turned her down. "It's a great reminder that even if an opportunity doesn't work out immediately, staying on the radar can make a difference," said the 24-year-old, who lives in San Francisco. Stories like Shah's — and those of people who graduated during the Great Recession and ultimately found career success — offer hope to job seekers such as Jones. But the Gen Zer said he knows several recent grads who didn't have the same outcome. While most eventually found work, many had to settle for roles outside their field of study. Jones said he still hopes to find a fulfilling job that complements his degree — and makes the student debt he took on feel worthwhile — but he knows this is far from a guarantee. "I want a job that is fulfilling — that I feel like I earned after going to college and taking on debt," he said. "But it's just been a struggle all around."

The Gen Z jobs gap: Great Resignation grads got a jump-start while their younger peers face a much tougher market
The Gen Z jobs gap: Great Resignation grads got a jump-start while their younger peers face a much tougher market

Business Insider

time12-07-2025

  • Business
  • Business Insider

The Gen Z jobs gap: Great Resignation grads got a jump-start while their younger peers face a much tougher market

One group of Gen Zers got a jump-start on building wealth. The rest aren't so lucky. Gen Zers who locked in a job and a home are thriving. Everyone else missed out on their ticket to wealth. i wanna be reaaaaaal careful here about describing as a wealth gap cuz idk if we know anything specific about like net worths in this. "the gen z job gap" maybe? For Gen Z, landing a job isn't just about who you know — it's about when you graduated. Monica Para is one of the lucky ones. She landed a software engineering job in the fall of 2022, several months before graduating with a computer science degree from the University of Illinois. She said the salary has allowed her to travel about once a month, and she's now planning to pursue a secondary degree at the University of Chicago. "I'm at a position where I'm able to pay for my own Master's without having to take any loans," she said, "A privilege not many have." She's among the cohort in her generation that kickstarted their careers in a high-demand job market. At that time, just 3.9% of recent college graduates ages 22 to 27 were unemployed — the lowest rate since February 2020. Since then, however, the job market for recent grads has steadily worsened. As of March, the jobless rate for this group had climbed to 5.8%. This shift, driven by a broad hiring slowdown across several industries, has left recent grads like Solomon Jones facing a much tougher job market. Jones graduated from Rowan University in May with a degree in sports communications, but he's struggled to land a full-time role, and freelance writing gigs have provided inconsistent income. Jones, who has about $25,000 in student debt, is living with his parents in New Jersey while he looks for work, but said he's received "hundreds of rejection emails." In recent months, he's broadened his search to include various writing roles, as well as coaching and teaching positions. "The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," said the 26-year-old. "So at this point, I'm just trying to find a job, period." The economy of recent years has created a divide within Gen Z, the oldest of whom are now 28. Many who graduated into the red-hot job market and low-interest rate world of 2021 and 2022 got the chance to make good progress toward the American dream and could be well on their way to HENRY — high earner, not rich yet — status. More recent graduates, by contrast, have generally had a harder time, and could spend years getting a toehold in a career — and don't even ask them about buying a home. Have you landed a new job in the last few years and are open to sharing your story? Please fill out this quick Google Form. Struggling to find work? Please fill out this Google Form. How recent grads can progress in their careers in a tough job market In 2021 and 2022, US businesses hired at the highest rates in decades. But in 2023, hiring began to slow, a shift that persists today. Amid tariff uncertainty and the early effects of AI adoption, US companies are now hiring at nearly the slowest pace since 2014. While layoffs remain low by historical standards, Americans who don't have a job but want one are in a much tougher spot. This has left many young college grads — new to the workforce and without roles to fall back on — especially vulnerable. The impact of graduation timing extends beyond the job market. Some older Gen Zers were able to buy homes and lock in rock-bottom mortgage rates before borrowing costs began rising in 2022. That year, 30% of 25-year-old Gen Zers owned a home — a higher rate than millennials or Gen Xers had at the same age, according to a Redfin analysis. But rising home prices and mortgage rates have since stalled that momentum, yet another sign that for many in the generation, timing is everything. Still, some grads who entered the job market at an opportune moment have also faced career challenges, while others who graduated into a tougher environment have managed to find work. While Para was able to start working post-graduation, she said the job wasn't a good long-term fit. In March, after a roughly four-month search, she landed a data analyst position in the education field. She said she's happy with her new job — but more than anything, she's grateful to be employed. "I feel good about having a role because it gives me something to look forward to every day," said the Illinois resident. "I have friends who are younger than me, who graduated from elite universities, who still can't get a job a year-and-a-half after graduating." That's what Jahanvi Shah feared would happen to her. In the months before graduating from Cornell University in December 2023 with a master's in engineering management, Shah said she applied to over 500 jobs and secured five interviews, but none led to a full-time offer. As an international student, this put her immigration status in jeopardy. Because she was on an F-1 optional practical training (OPT) visa, she said she had a limited window to secure some form of employment after graduating. Otherwise, she'd have had to move back to India, where she was born and raised. Shortly before graduating, she landed a part-time product manager role that allowed her to stay compliant with her visa. In August 2024, nearly eight months after graduation, she landed a full-time role at a company that had previously turned her down. "It's a great reminder that even if an opportunity doesn't work out immediately, staying on the radar can make a difference," said the 24-year-old, who lives in San Francisco. Stories like Shah's — and those of people who graduated during the Great Recession and ultimately found career success — offer hope to job seekers such as Jones. But the Gen Zer said he knows several recent grads who didn't have the same outcome. While most eventually found work, many had to settle for roles outside their field of study. Jones said he still hopes to find a fulfilling job that complements his degree — and makes the student debt he took on feel worthwhile — but he knows this is far from a guarantee. "I want a job that is fulfilling — that I feel like I earned after going to college and taking on debt," he said. "But it's just been a struggle all around."

Attempted murder charge after Rowan Boulevard pop-up party in Glassboro
Attempted murder charge after Rowan Boulevard pop-up party in Glassboro

Yahoo

time12-07-2025

  • Yahoo

Attempted murder charge after Rowan Boulevard pop-up party in Glassboro

A Sicklerville man is charged with attempted murder in connection with a shooting at a rowdy pop-up party in Glassboro. Lavonta Moore, 20, allegedly fired a shot as police were clearing a crowd from Rowan Boulevard shortly after midnight on June 30, the Gloucester County Prosecutor's Office said Friday. Surveillance footage and officers' body-worn cameras showed a verbal dispute between members of two groups became a fight near 220 Rowan Boulevard. Party scene: Saturday night on Rowan Boulevard in Glassboro A man believed to be Moore took a gun from the front-passenger area of a parked car, shot the victim in the pelvis, and fled on foot, according to the prosecutor's office. At the time of the shooting, a pop-up party had drawn several hundred people to the boulevard, an entertainment area near Rowan University. 'Numerous neighboring agencies were called to assist in dispersing the large crowd,' noted a Facebook post from Rowan University. The shooting victim, found near the boulevard and Redmond Avenue, was admitted to an area hospital in stable condition. Police recovered a gun without a serial number next to the open front door of the vehicle at 220 Rowan Boulevard. A discharged 9mm shell casing was nearby. A wallet on the passenger seat held items with Moore's name, the prosecutor's office said. Moore is also accused of aggravated assault, aggravated assault by pointing a firearm, and weapons offenses. The charges are only allegations. Moore has not been convicted in the case. An investigation is ongoing. Anyone with information is asked to call Prosecutor's Det. Alex Phillips at 856-384-5529 or Glassboro Police Detective First Class Sean Aitken at 856-881-1501, extension 88161. Jim Walsh is a senior reporter for the Courier-Post, Burlington County Times and The Daily Journal. Email: Jwalsh@ This article originally appeared on Cherry Hill Courier-Post: Lavonta Moore charged after shooting on Rowan Boulevard in Glassboro

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