.svg)
Per-Job Tax Credits with the Emerge Program
Rolling Application
Deadline:
Start Date:
Eligibility
- Companies that meet the program minimums for new job creation or retained jobs
- Must be located in an eligible incentive location
- 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
- Create at least 35 new, full-time jobs (requirement may be lower if business is primarily engaged in a targeted industry or meets the definition of a ""small business"")
Benefits
- Annual base per-new job tax credits from $500,000 - $8,000 per job per year depending on project location and other aspects of the project
- Bonuses are also available on project location, industry, and alignment with other policy objectives
- Jobs that are covered by a labor harmony agreement are eligible for an additional $1,000 bonus over the capped amounts