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NJEDA – Phase 4 – $85m – Application opens April 19th, 2021

Tomorrow morning the Phase 4 of NJEDA will open providing additional funding for COVID impacted businesses. Phase 4 funds aim to reimburse lost revenue as result of the business interruption caused by the pandemic between March 1, 2020 and the date of the grant agreement, providing the necessary resources to any eligible business that has

By |2021-04-19T03:12:36+00:00April 19th, 2021|Categories: Business|Tags: , , , , |

Second Phase of NJEDA Small Business Emergency Assistance Loan Program

The New Jersey Economic Development Authority (NJEDA) today announced it will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9:00 a.m. EST on Wednesday, February 10, 2021. The $10 million program expansion will support New Jersey small businesses and nonprofits impacted by the COVID-19 pandemic. Eligibility - To be

By |2021-02-01T18:19:19+00:00February 1st, 2021|Categories: Business|Tags: , , , |

NJEDA consulting program for COVID-19 Recovery Program

We are one of the companies supporting NJEDA through the SHCCNJ (Statewide Hispanic Chamber of Commerce of New Jersey) providing consulting services in their COVID-19 Recovery Program. Extracted from the article: "The New Jersey Economic Development Authority announced on Monday it has launched a free consulting program to help small businesses that have been impacted by

By |2021-01-05T10:45:05+00:00October 20th, 2020|Categories: Business|Tags: , , , , , |

NJEDA Announces Application for Loan Program for Small Businesses (Launch Date April 13, 2020)

The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Loan Program on Monday, April 13, 2020 at 9:00 am.  A link to the program application will be posted on the State’s COVID-19 Business Information Hub. To provide business owners the opportunity to prepare to apply for the loan,

By |2021-01-05T11:46:05+00:00April 9th, 2020|Categories: Business|Tags: , , |

NJ Applications for emergency assistance grants open April 3, 2020 and close April 10, 2020

Your organization is eligible for the Small Business Emergency Assistance Loan Grant if you… Have between 1 and 10 FTEs. This means companies non-employee companies (holding), companies that have between 1-10 FTE utilizing 1099 employees, and larger firms are not eligible for this round of grant funding. Have a physical commercial location in the State

By |2021-01-05T11:47:47+00:00April 2nd, 2020|Categories: Business|Tags: |

New Jersey programs available to business owners

The Senate advanced a bill, A-3845/S-2284, that allows the Economic Development Authority to issue grants to help businesses remain afloat and make payroll while operation is interrupted. The bill also authorizes the authority to extend requirements within the state's troubled business tax incentive programs to file proof of investment and employment requirements during a state

By |2021-01-05T11:56:50+00:00March 30th, 2020|Categories: Business|Tags: , |
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