COMMERCE Magazine: New Businesses are Key to Economic Growth

Francis J. Giantomasi was featured in a COMMERCE Magazine editorial roundtable posing the question, “How can New Jersey and its municipalities create a better business environment for entrepreneurs?”

According to Frank, “It is my view that entrepreneurs would benefit greatly from an interactive, user-friendly communication apparatus – whether a newsletter, website, digital kiosk or other device – that more tightly integrates the many, evolving incentives New Jersey has to offer at both the municipal and state levels. In addition to continuously broadcasting the State’s business-friendliness to the world’s entrepreneurs, the platform would bundle otherwise disparate incentive packages, streamline the incentive evaluation and selection process, and foster deeper collaboration and synergies among New Jersey and its municipalities.

I would think of it as the virtual equivalent of the ongoing amalgamation of three of the State’s top economic development functions – namely, the Economic Development Authority, Choose New Jersey and the Governor’s Office – under one roof at One Gateway Center in Newark.”