The Aviation Innovation Hub is located in Egg Harbor Township and includes the Atlantic City International Airport; the Federal Aviation Administration's William J. Hughes Technical Center, the nation's premier air transportation laboratory and testing facility; and the National Aviation Research and Technology Park located on a 58-acre campus adjacent to the airport and technical center.
Legislation was signed into law by Governor Murphy on October 4, 2018 to establish the aviation district as a Garden State Growth Zone, providing lucrative, economic development tax incentives to help attract businesses to this area that can provide quality, sustainable jobs.
The state established the Grow New Jersey program in 2013 to help generate more economic development. Administered by the state Economic Development Authority, companies that promise to create or retain jobs in New Jersey can earn tax credits worth as much as $5,000 per job, with bonus credits worth up to $3,000. The most generous credits are available to businesses located in Garden State Growth Zones.