New Jersey COVID-19 Business Information

Up-to-date information for businesses on reopening from COVID, including rules and guidance that must be followed, economic assistance programs, and other resources.

What is the status of the NJEDA Small Business Emergency Assistance Grant Program? (Phase 4)

Updated:
April 16, 2021

NJEDA Small Business Emergency Assistance Grant - Phase 4

To receive text message reminders about key Phase 4 pre-registration dates, text “grant4” to 888-NJEDA-21 (888-653-3221).

Phase 4 of the New Jersey Economic Development Authority (NJEDA) Small Business Emergency Assistance Grant Program will provide grants up to $20,000 to small- and medium- sized businesses and non-profits that have been negatively impacted by the COVID-19 pandemic. Check your eligibility for Phase 4 grant funding at https://forms.business.nj.gov/grant-4/eligibility/.

Business Are Required to Pre-Register to Be Eligible for Phase 4 Grants

Interested business owners will need to pre-register at programs.njeda.com between Monday, April 19, 2021 at 9:00 a.m. and Thursday, April 29, 2021 at 5:00 p.m. Pre-registration is not first come, first served, but businesses are encouraged to begin the process as early as possible.

A video walk-through of the pre-registration process is available at https://www.youtube.com/watch?v=Jp9LSCyOaIE. You can also call 844-965-1125 for assistance with the pre-registration process.

Make Sure Your Businesses is Properly Registered

In order to receive a Phase 4 grant, businesses must be properly registered with the State of New Jersey. To help business owners ensure they are properly registered, the NJEDA is hosting two Phase 4 Document Preparation Sessions with the NJ Department of Treasury.

Sessions will be held on Friday, April 16, 2021 at 3:00 p.m. and Monday, April 19, 2021 at 5:00p.m. These sessions will cover what it means to be “properly registered” with the State, how business owners can check their registration status, and what to do if a business is not properly registered. Both sessions can be accessed through zoom. When asked to enter a password, type: GRANT

Applications

Following pre-registration, applications will become available on a rolling basis. Pre-registered applicants will need to return to programs.njeda.com to complete an application based on the following schedule:

  • Businesses that did not apply for, or were not approved for Phase 3 funding – 9:00 a.m. on May 3, 2021. Click here to check if your businesses was approved for a grant during phase 3
  • Restaurants and child care providers – 9:00 a.m. on May 5, 2021
  • Micro businesses (five or fewer FTEs) – 9:00 a.m. on May 10, 2021
  • All other small businesses – 9:00 a.m. on May 12, 2021

Applications for each category will be open for a period of one week and will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission.

Pre-registration and grant applications will be available in English and Spanish. The NJEDA is also offering interpretation services to support speakers of ten additional languages: Arabic, Chinese(Mandarin and Cantonese), Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog.

Awards

Grant awards will be calculated based on the number of full-time equivalent employees (FTEs) businesses employ. Micro-businesses with five or fewer FTEs and sole proprietorships will receive up to $10,000; businesses with six to 25 FTEs will receive up to $15,000; and businesses with 26 to 50 FTEs will receive up to$20,000. A grant size estimator is available at: forms.business.nj.gov/grant-4/size

In line with the State's commitment to a stronger, fairer recovery, Phase 4 funding will be allocated to support the most adversely affected businesses, including restaurants, micro-businesses, and child care providers, as well as other small businesses. To ensure grants reach businesses in the hardest hit communities, including communities of color, one-third of funding will be targeted to businesses with a primary business location within the 715 census tracts designated as eligible to be selected as an Opportunity Zone.

Source:

NJEDA