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Subsidy Tracker Individual Entry

Company: Fiserv
Parent Company: Fiserv
Subsidy Source: state
Location: New Jersey
City: Berkeley Heights
County: Union
Address: 100 Connell Drive
Project Description: retention and expansion of offices
Year: 2021
Major Industry of Parent: business services
Specific Industry of Parent: business services
Subsidy Value: $109,229,575
Subsidy Value in 2023 Dollars: $122,937,996
Program Name: Emerge Program
Awarding Agency: New Jersey Economic Development Authority
Type of Subsidy: 
Number of Jobs or Training Slots: 1,927
Capital Investment: $105,000,000
Source of Data: Governor Murphy press release on September 29, 2021: "Governor Murphy Announces Fiserv Will Build New Hub in Berkeley Heights," online at (click here). See also: Sean Ryan, "Fiserv to create 2,000 jobs at new campus in New Jersey," New York Business Journal, September 29, 2021.
Notes: Fiserv, a financial technology company, was approved for over $109 million in corporate business tax credits via a new program called Emerge. The company promised to consolidate its offices in Berkeley Heights, retain 1,063 existing jobs, and create 1,927 new jobs. Overlaps with main data: 2022 Emerge Tax Credit Program ($109,229,575).
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.