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Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.

Angel Match Program

Rolling Application

Deadline:

Start Date:

Eligibility

  • Must have minimum revenues of $100,000 within the trailing 12 months . Trailing 12 Months (TTM) figures report metrics based on the last 12 months (or four quarters) to date on a rolling basis.
  • Business must be able to demonstrate a minimum of $100,000 in investment interest from at least two investors independent from the company
  • Primary business is commercializing and marketing a product
  • Early stage within an NJEDA targeted industry
  • Structured as a C-Corporation or LLC
  • Located in physical commercial, co-working, or incubator space in New Jersey
  • A minimum of two full-time founders/C-level executives and 50% of full-time employees working in New Jersey
  • No more than 100 total employees working for the company
  • Company must be registered in New Jersey and in good standing as certified by a valid NJ Tax Clearance Certificate

Benefits

Businesses receive a convertible note from $100,000 to $500,000 with a 10-year maturity, a 3% interest rate, and no payments for the first seven years.

Learn More