Over 250 business owners from New Jersey and neighboring states gathered at Rutgers University – New Brunswick, Livingston Campus for the first NJ Pathways Business Forum. The event was organized by the New Jersey Department of the Treasury and the New Jersey Business Action Center.
The forum aimed to connect certified businesses with procurement experts from federal, state, local, and private sectors. Attendees participated in matchmaking sessions and workshops designed to help them navigate contracting opportunities. State contracting experts were available to provide technical assistance throughout the day. The event focused on expanding access for businesses that have historically faced barriers in public and private contracting, including those in construction, transportation, energy, higher education, and finance.
Participants included representatives from organizations such as The New Jersey Department of Environmental Protection, Port Authority of New York and New Jersey, PSE&G, NJ Transit, Con Edison Energy Company, several financial institutions like PNC Bank and M&T Bank, as well as Regional Business Assistance Corporation (RBAC), a micro-lender.
The forum introduced many attendees to the New Jersey Selective Assistance Vendor Information (NJSAVI) system. NJSAVI is a dataset maintained by the state that identifies businesses certified as Small, Minority/Woman-Owned, Veteran-Owned, Disabled Veteran-Owned, and LGBTQ+ Business Enterprise.
Coordinated matchmaking sessions allowed agencies to pair with businesses able to meet their needs. Treasury officials worked with Rutgers University’s Business School to customize contract opportunities for business owners attending the event. Workshops covered topics such as procurement processes and capital resources.
The NJ Pathways Business Forum was created through legislation sponsored by Senators Shirley Turner and Troy Singleton along with Assembly Representatives Shavonda Sumter, Verlina Reynolds-Jackson, and William F. Moen. The law mandates an annual matchmaking event to improve outreach efforts and support for certified businesses seeking government or private contracts.
“Too many small businesses, especially those that are minority-owned, have been excluded from the economic opportunities provided by government contracts due to lack of outreach, procurement practices that are difficult to navigate, and discrimination,” said Senator Turner. “The NJ Pathways Business Forum is an important part of reversing that legacy and opening up economic opportunity for a broader swath of small businesses, which will in the long run reduce inequality as well as strengthen our communities.”
“Small businesses, including women, minority and veteran owned businesses, have not always had equal access to government contracts. Improving that access and opening the doors of opportunity is why I proudly authored a law requiring an annual business matchmaker event,” said . “This event has undoubtedly provided additional support and networking opportunities for small businesses, which are crucial to the State’s economy. The inaugural Business Pathways Forum held today ensures that these businesses are well-informed of subcontracting prospects and also encourage government contractors to recognize their immense capabilities.”
“The New Jersey Pathways Business Forum is a vital step toward bridging the gap between small businesses and meaningful opportunity, especially for those who have historically been left out,” said . “I’m proud to have sponsored the legislation (A3424) that helped launch this landmark event, which champions inclusive growth and ensures all communities have a seat at the table. Events like this are essential to fostering a more equitable economy where innovation, access, and investment reach every corner of our State.”
“Access is everything, and this legislatively-created event is a step towards a more equitable economy,” said . “This initiative helps level the playing field by bringing resources directly to the businesses that need them the most.”
“Whether you’re a startup or a family-run shop, the NJ Pathways Business Forum opens doors. South Jersey’s small businesses are the backbone of our communities,” said . “This event gives them a chance to scale up, connect, and compete.”
The New Jersey Department of the Treasury plans to continue leading this annual forum alongside its partners as part of ongoing efforts toward equitable access in state procurement.
