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Sameer Mahorta - 1 TrueFort - 1 Malhorta - 1 David Mazzo - 1 Mazzo - 1 Lisata - 1 Mahorta - 1
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Partners - 1 Shasta Ventures - 1 New - 1 New Jersey Economic Development Authority - 1 state's Technology - 1 Bank of America - 1 NOL - 1 Garden State - 1

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3 mentions found


☆ Making money as a startup is hard, so these New Jersey companies are selling their financial losses in exchange for millions in cash
  + stars: | 2023-06-01 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +4 min
The state of New Jersey offers a unique program that allows startups in the state to sell those losses for cash. To date, TrueFort has pulled in $20 million through a New Jersey program for startups. Those companies can then deduct those losses from their taxable income, cutting the amount of money they pay in taxes. The NOL program is especially popular among biotech businesses like Lisata, which are characterized by large R&D expenses and unpredictable paths to profitability. The NOL program is part of a suite of programs designed to support New Jersey startups.
Persons: Sameer Mahorta, TrueFort, Malhorta, David Mazzo, Mazzo, Lisata, Mahorta Organizations: Partners, Shasta Ventures, New, New Jersey Economic Development Authority, state's Technology, Bank of America, NOL, Garden State Locations: New Jersey, Weehawken, Silicon, Garden
☆ Live Results: Trump-backed Republican Geoff Diehl loses to Democratic state Attorney General Maura Healey in Massachusetts' gubernatorial election
  + stars: | 2022-11-09 | by ( Hanna Kang | ) www.businessinsider.com   time to read: +4 min
Republican Geoff Diehl ran gainst Democrat Maura Healey in Massachusetts' gubernatorial race. Former Republican state Rep. Geoff Diehl faced off against Massachusetts' Attorney General Maura Healey in the state's gubernatorial election. Massachusetts' gubernatorial candidatesDiehl previously served the state's 7th District as a member of the Massachusetts House of Representatives. Upon taking office, she became the first openly LGBTQ state attorney general in the nation. Unlike in the presidential election cycle, Massachusetts has voted for the Republican candidate in every gubernatorial election cycle since 1990, excluding 2006 and 2010.
☆ Trump-backed Republican Geoff Diehl faces off against Democratic state Attorney General Maura Healey in Massachusetts' gubernatorial election
  + stars: | 2022-10-31 | by ( Hanna Kang | ) www.businessinsider.com   time to read: +3 min
Republican Geoff Diehl is running against Democrat Maura Healey in Massachusetts' gubernatorial race. The state has voted for the Democratic presidential candidate in every election cycle since 1988. Upon taking office, she became the first openly LGBTQ state attorney general in the nation. This race is also one of six Republican-held governorships up for election in a state carried by Biden in the 2020 presidential election. Unlike in the presidential election cycle, Massachusetts has voted for the Republican candidate in every gubernatorial election cycle since 1990, excluding 2006 and 2010.
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