If you own a business in South Jersey, you are operating in one of the most exciting economic regions in the country. The Chamber of Commerce for Greater Philadelphia ranks the region as the #13 Global Startup Ecosystem, with major momentum in Life Sciences, AI, and Advanced Manufacturing. Altogether, those industries have helped generate about $76 billion in economic value across the region. This statistic represents thousands of entrepreneurs, startups, family-owned businesses, contractors, professional service firms, manufacturers, retailers, and local companies working every day to build something meaningful.

Gloucester County Continues to Lead

The momentum is especially noticeable right here in Gloucester County. New Jersey is home to more than 1 million small businesses, representing 99.7% of all businesses across the state. In Gloucester County, small businesses account for 93% of all companies operating in the local economy, which also means that the county has become a major commercial engine for the South Jersey and Philadelphia metro market. With a median household income of $105,100 and a stable economic environment, businesses continue to find opportunities to grow, expand, and invest in their future. The good news is, that growth is creating new opportunities, but at the same time, it is also creating new technology challenges.