What is the Emerge Program?
Recent Regulations and Resources
The Emerge Program provides per-job tax credits to projects that invest private capital into the state and create new good-paying jobs (or retain a large number of good-paying jobs) in Governor Murphy’s priority sectors and in targeted communities across the New Jersey.
- Benefits: Annual per-job tax credits up to $8,000 per job per year. Jobs that are covered by a labor harmony agreement are eligible for an additional $1,000 bonus over the capped amounts.
- Eligibility: Companies that meet the program minimums for new job creation and/or retained jobs, are located in an eligible incentive location, and can demonstrate the award of tax credits is a “material factor” in their decision to locate in New Jersey versus an out of state alternative location.
- Learn More: https://www.njeda.com/emerge/.