Policy & Advocacy

Policy & Advocacy

Recent Policy Wins

Celebrating successful advocacy efforts that are making a real difference

QSBS is now real in NJ

After years of advocacy from TechUnited and community partners, New Jersey has officially recognized Qualified Small Business Stock (QSBS), aligning with 45 other states and finally removing a major barrier for founders and early-stage investors. This change makes NJ more competitive with top innovation hubs like NY, MA, and CA and sends a strong signal that the state wants to keep and attract entrepreneurs.

A stronger Angel Investor Tax Credit

New Jersey’s Angel Investor Tax Credit has been modernized and expanded, moving from 20% to 35%, now above the national average. This puts NJ back in line with market incentives and helps fuel more early-stage investment across the state.

Success

NJ Innovation Evergreen Fund

Successfully advocated for $500M state fund to support early-stage tech companies.

December 2024
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Success

Remote Work Tax Clarity

Helped establish clear tax guidelines for remote tech workers and distributed teams.

November 2024
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Success

Startup Visa Program

Supported legislation creating pathways for international entrepreneurs to start companies in NJ.

October 2024
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QSBS is now real in NJ

QSBS is now real in NJ

AI Ethics Framework

Developing comprehensive guidelines for responsible AI development and deployment.

Stakeholders: Tech companies, universities, civil rights groups
Q2 2025

Cybersecurity Standards

Establishing minimum cybersecurity requirements for state contractors and vendors.

Stakeholders: State agencies, security firms, advocacy groups

Green Tech Incentives

Creating tax incentives for companies developing clean technology solutions.

Stakeholders: Environmental groups, clean tech startups, utilities