The New Jersey Economic Development Authority (NJEDA) today announced Phase 3 of the Authority’s Small Business Emergency Assistance Grant Program. Phase 3, which will be funded with $70 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, significantly expands eligibility for the Grant Program and increases the amount of funding businesses can receive. To ensure funding goes to businesses hit hardest by the pandemic, Phase 3 sets aside funding for restaurants, micro-businesses, and businesses based in Opportunity Zone-eligible census tracts.
- To streamline the application process, the Authority is requiring all applicants to pre-register online. Applications will become available on a rolling basis following the pre-registration period. Pre-registered applicants will need to return to complete an application based on the following schedule:
- Restaurants – 9am on Thursday, October 29th
- Micro-businesses – 9am on Friday, October 30th
- All other businesses excluding above – 9am on Monday, November 2nd.
Article – https://www.njeda.com/phase3grantsrelease
Sign in or register – https://programs.njeda.com/en-US/Account/Login/Register?returnUrl=%2F
