Led by Governor Corzine and the Office of Economic Growth, the state’s departments have created detailed implementation plans for each action step. Since the state currently faces financial constraints, all resources for executing this strategy are redirected from other sources to ensure that the strategy's execution will require no additional net spending. Instead, the state will ensure that existing resources are used in a tightly focused and organized manner to support economic growth.

In summary, the state has established six priorities:

Priority 1: Market New Jersey for economic growth by partnering with the state's businesses and helping them to grow and prosper;

Priority 2: Develop a world-class workforce by assisting the state's students and jobseekers to obtain the skills and education needed in a competitive global economy;

Priority 3: Promote sustainable growth with a particular emphasis on the state's cities and make strategic infrastructure investments to support economic growth while protecting the environment;

Priority 4: Nurture the development of new technologies, and ensure that the state continues to be a leader in innovation;

Priority 5: Encourage entrepreneurship and the growth of small, minority-owned, and women-owned businesses; and

Priority 6: Enhance the global competitiveness of New Jersey's businesses.

Version 2.0 of Governor Corzine’s Economic Growth strategy will be released in November 2007.  Building on the platform of release 1.0, the second version further expands on the strategies for urban revitalization, port and logistics related expansions, attracting foreign investments  and expanding the State’s energy and technology investments.