Provides assistance to business accelerators and incubators and startup businesses located within those business accelerators and incubators.

This bill establishes two new programs to support early-stage tech startups in New Jersey. The "Startup Businesses in Business Incubators Development Program" provides financial assistance and support services (like mentoring and low-cost space) to qualifying startups located within business accelerators or incubators. Eligible startups must be developing advanced technologies (such as biotech, IT, or advanced materials) and be situated near research institutions or urban transit hubs. The New Jersey Economic Development Authority will administer these programs through public-private partnerships, aiming to help these businesses grow.