Murphy Tours Small Business, Pushes For Tax Incentives Reform

Joe Avellar
November 07, 2019 - 7:04 pm
Governor Phil Murphy

Danielle Parhizkaran/NorthJersey.com

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NEWARK (WCBS 880) — New Jersey’s governor began efforts Thursday to kick start his programs to attract and grow small startup businesses in the Garden State.

According to WCBS 880’s Joe Avellar, to promote his programs, Gov. Phil Murphy toured a small business in Newark that houses a shared workspace company called Launch Pad.

The business allows companies to rent out meeting and work spaces, even a kitchen, in its 14,000-square foot office.

Murphy said he hopes to attract similar businesses to the state and urged the state Senate to pass his “Five Incentive Programs” which has been stalled in the Legislature.

"It's time to get this done. It's time to put these in a place. Certify them. And then let them do their work,” he said.

With the tolls going up in the Port Authority bridges and tunnels, and the city about to start congestion pricing, Gov. Murphy is hoping to attract New York’s small business.

“I think poaching is a harsh word, and we got a good relationship with New York. We also accept the reality that maybe we get a little more space, maybe not as expensive, maybe not for all the challenges we have, maybe not as many challenges, we welcome folks to come to New Jersey not just from New York, but from anywhere from the country, and anywhere in the world,” Murphy said.