Subsidy Tracker Individual Entry
All Information was taken from: "Executed BEIP Grants Activity," New Jersey Economic Development Authority, April 30, 2014. Online at: http://www.njeda.com/web/pdf/BEIP_Activity_Alphabetical.pdf
In 1998 the New Jersey Economic Development Authority (NJEDA) approved a Business Employment Incentive Program award to investment management firm Lord Abbett estimated at $15.5 million, based on a projection that the company would create about 250 jobs. By 2014 the company actually created 693 jobs, so the amount of the subsidy jumped to more than $70 million. Overlap with main Subsidy Tracker data: there is a separate entry for the BEIP program containing the original $15.5 million estimate.