What State financial assistance programs are available for my business?
New Jersey State Emergency COVID-19 Relief Programs
See each program page for details on programs administered by the New Jersey Economic Development Authority (NJEDA), the New Jersey Redevelopment Authority (NJRA), the New Jersey Department of Community Affairs (NJDCA), the New Jersey Housing and Mortgage Finance Agency (NJHMFA), and the New Jersey Department of Environmental Protection (NJDEP).
Please click on each program below for more information.
Programs Coming Soon:
Community Stage Relief Grant Program – The New Jersey Community Stage Relief Grant Program is a grant program that provides grants up to $300,000 to for-profit establishments that organize, promote, produce, manage, or host live events or performances by performing artists. Applications for the New Jersey Community Stage Relief Grant Program are not yet open. The NJEDA will make announcement when applications open.
Programs Currently Open:
Small Business Emergency Assistance Loan Program (Phase 2) – The Small Business Emergency Assistance Loan Program provides direct low-cost financing of up to $100,000 to New Jersey-based businesses and nonprofits that have been negatively impacted by the COVID-19 pandemic. Pre-registration is open until 5:00 p.m. on July 30th, 2021. All entities must pre-register in order to apply.
COVID-19 Emergency Rental Assistance Program Phase II - The COVID-19 Emergency Rental Assistance Program Phase II will provide approximately $353 million in rental assistance to low- and moderate-income households that have had a substantial reduction in income or incurred significant costs as a result of the pandemic, including those who are homeless or at risk of homelessness. Households may be eligible for up to 12 months of rental assistance to help pay for rent arrears incurred after March 13, 2020, and future rent to the extent that funds are available. The application period will remain open until the $353 million has been awarded. Landlords may apply on behalf of tenants, with the tenant’s permission. Participants will be selected on a rolling basis from the overall pool of applicants through a randomized process based on eligibility and lottery criteria. Additional information about the program, available in multiple languages, can be found online at on the DCA website. To apply visit: https://njdca.onlinepha.com.
Programs Recently Closed:
NJEDA Small Business Emergency Assistance Grant (Phase 4) – Phase 4 of the NJEDA’s Small Business Emergency Assistance Grant Program provides grants up to $20,000 to small- and medium- sized businesses and non-profits that have been negatively impacted by the COVID-19 pandemic. Applications for Phase 4 are now closed. Check your application status at https://programs.njeda.com.
Sustain and Serve NJ (Phase 2) – Sustain and Serve NJ provides grants of $100,000 to $2 million to eligible organizations to support bulk meal purchases from New Jersey-based restaurants that have been negatively impacted by the COVID-19 pandemic. Phase 2 of the program makes an additional $10 million available to entities to support bulk meal purchases. Applications are now closed. For updates on your application status email SSNJ@njeda.com.
Traditional NJEDA Programs
In addition to the programs listed on this page, the NJEDA encourages businesses to explore the Authority’s business support programs that are not specific to addressing the COVID-19 pandemic. More details about these programs can be found on the NJEDA’s website at www.njeda.com