Intrasphere Technologies, Inc. is relocating from NYC to New Jersey, a move expected to result in 300 new jobs. Lt. Governor Kim Guadagno praised the company for its decision.
Bruce Ciallella is the NJEDA’s Chief Operations and Compliance Officer, overseeing post-approval incentives and loans and HUD-funded Superstorm Sandy recovery programs. He previously served as a New Jersey deputy attorney general.
Fred Cole is NJEDA’s Chief Administrative Officer. He joined the Authority in 1994 as an accountant, managed the financials for EDA programs, worked in Information Technology Services, and became its first Director of Internal Process Management in 2007.
The New Jersey Economic Development Authority supports job creation, investment and community development. It partners with stakeholders on programs intended to improve quality of life, economic vitality and New Jersey’s long-term economic competitiveness.
TRENTON, N.J. (September 17, 2026) – The New Jersey Economic Development Authority (NJEDA) approved an Aspire Program award to support an affordable senior housing development project in Trenton.
