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Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.
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Disadvantaged Business Enterprise Supportive Services Program (DBE/SSP)

First Come, First Serve

Deadline:

Start Date:

Eligibility

Benefits

  • Intensive, instructor-led instruction in a number of business and technical topics
  • Participating businesses complete a needs assessment and receive customized, one-on-one coaching and technical assistance tailored to their business needs
  • Provided opportunities to expand professional networks and establish relationships with NJDOT's prime contractors through various programs and events

Agriculture, Forestry, Fishing and Hunting
Construction
Finance and Insurance
Manufacturing
Professional, Scientific, and Technical Services
Hiring & Employee Training Support
Deadline Approaching
Coming Soon
Closed
Drinking Water State Revolving Fund Program

Rolling Application

Deadline:

Start Date:

Eligibility

Must be a nonprofit, non-community water systems in New Jersey and use the funds for the following construction projects:

  • Water treatment facilities correcting a system's non-compliance with Surface Water Treatment requirements, acute violations, maximum contaminant levels, lead, and copper rule exceedance, or secondary drinking water regulation exceedance
  • Consolidation of water systems to comply with the SDWA
  • Rehabilitation of existing water treatment facilities, water mains, pump stations, water storage facilities, or new water storage facilities to maintain compliance with the SDWA and wells
  • Allowances for planning and design are also available

Benefits

Provides short-term loans at 0.337% Interest to replace and update drinking water infrastructure.

Construction
Utilities
Loan
Deadline Approaching
Coming Soon
Closed
Entrepreneur Support Program

First Come, First Serve

Deadline:

Start Date:

Eligibility

  • Corporate headquarters with at least one executive member and 50% of employees located in New Jersey
  • Fewer than 225 total employees at the time of application
  • Aligned with at least one of the NJEDA’s established targeted industries
  • A valid New Jersey tax clearance certificate from the Division of Taxation
  • Good standing with NJ Workforce Development at time of application

Benefits

80% guarantee of an investment amount, not to exceed $400,000, for one year from the date of issue.

Life Sciences
Technology
Transportation and Warehousing
Manufacturing
Offshore Wind
Loan
Deadline Approaching
Coming Soon
Closed
Film Tax Credit Program

First Come, First Serve

Deadline:

Start Date:

Eligibility

  • Feature films, television series, or television shows of 22 minutes or more in length, intended for a national or regional audience filmed and produced at a cultural venue receiving State funding
  • 60% of the total film production expenses must be incurred for services and goods purchased through vendors authorized to do business in New Jersey, or
  • Qualified film production expenses (expenses incurred in New Jersey for the production of a film) must exceed $1 million per production
  • Qualified film production expenses incurred for services for use at a sound stage or other location that's located within a 30-mile radius of the intersection of Eighth Ave./Central Park West, Broadway, and West 59th Street/Central Park South, New York, NY eligible for 30%

Not Eligible

  • Productions featuring news, current events, weather, and market reports or public programming, talk show, sports event, or reality show
  • Productions that solicit funds
  • Productions primarily for private, industrial, corporate, or institutional purposes

Benefits

Tax credits up to 35% of qualified film production expenses.

Arts, Entertainment, and Recreation
Tax Credit
Deadline Approaching
Coming Soon
Closed
Food and Agriculture Research & Development Grant Program

Opening Soon

Deadline:

Start Date:

February 26, 2024

Eligibility

  • Have a New Jersey tax clearance certificate listing New Jersey Commission on Science, Innovation and Technology
  • Have between 1-50 full-time workers at time of application
  • Have less than or equal to $5,000,000 in prior year sales revenue (excluding grant revenue)

Benefits

The award grants up to $75,000 per business to support research and development of their innovation.

Agriculture, Forestry, Fishing and Hunting
Clean Energy
Digital and Print Media
Finance and Insurance
Life Sciences
Grant
Deadline Approaching
Coming Soon
Closed
Greater Newark Enterprises Corporation (GNEC) Business Builder Loan Program

Rolling Application

Deadline:

Start Date:

Eligibility

  • Have good credit history with a history of on-time payments
  • Have at least a 650 credit score
  • Pass a capacity test to show you can manage the loan payments
  • Submit a $100 application fee
  • Pledge a collateral for the loan
  • Final approval is contingent on the credit committee

Benefits

  • $30,001 to $100,000 in funding
  • No pre-payment penalties for this loan
  • Loan terms are typically amortized over five to seven years
  • Fixed interest rate of 5.99% applies for businesses that qualify as minority and/or woman-owned (M/WBE), LGBTQ+-owned, located in a designated Opportunity Zone or operating in a designated trade (electricians, plumbers, carpenters, welders, brick masons, HVAC technicians, diesel mechanics, and elevator specialists)

All Industries
Loan
Deadline Approaching
Coming Soon
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Greater Newark Enterprises Corporation (GNEC) DreamMaker Loan Program

Rolling Application

Deadline:

Start Date:

Eligibility

  • Have good credit history with a history of on-time payments
  • Have at least a 650 credit score
  • Pass a capacity test to show you can manage the loan payments
  • Submit a $100 application fee
  • Final approval is contingent on the credit committee

Benefits

  • Up to $30,000 in funding
  • No pre-payment penalties for this loan
  • Loan terms are typically amortized over four years
  • Fixed interest rate of 5.99% applies for businesses that qualify as minority and/or woman-owned (M/WBE), LGBTQ+-owned, located in a designated Opportunity Zone or operating in a designated trade (electricians, plumbers, carpenters, welders, brick masons, HVAC technicians, diesel mechanics, and elevator specialists)

All Industries
Loan
Deadline Approaching
Coming Soon
Closed
Growing Apprenticeship in Nontraditional Sectors (GAINS)

Deadline

Deadline:

Start Date:

Eligibility

  • Entities who are developing new, or building upon existing Registered Apprenticeship programs
  • Any employer, trade association, labor organization, and others providing apprenticeship programs for their industry
  • While all industries are encouraged to apply, preference will be given to targeted sectors including: Advanced Manufacturing Bio Pharma/Life Sciences Energy, Utilities and Infrastructure Retail, Hospitality and Tourism Financial Services/Insurance Transportation, Logistics and Distribution Information Technology/Cyber Security, Renewable Energy, Healthcare, Other Science, Technology, Engineering, and Mathematics (STEM) related sectors/occupations Construction & Building Trades Public Service.

Benefits

Eligible applicants can request funding up to $12,000 per registered apprentice to:

  • Offset administrative costs incurred creating the Registered Apprenticeship Program
  • Offset costs incurred for training the new apprentice
  • Provide a 50% wage reimbursement for the first twelve months of newly hired apprentices’ employment for occupations paying a starting wage of at least $17.00 per hour

All Industries
Hiring & Employee Training Support
Deadline Approaching
Coming Soon
Closed
Hazardous Discharge Site Remediation Fund

Rolling Application

Deadline:

Start Date:

Eligibility

  • Businesses, individuals, or municipalities in New Jersey performing remediation or cleanup of contaminated and underutilized sites

Benefits

  • Grants of up to $5M per year for municipal and county redevelopment authorities
  • Loans up to $500,000 per year for private entities and $2M per year for public entities
  • $10M is also available each year to support recreation/conservation, renewable energy, and affordable housing projects
  • Funds are for environmental assessment, investigation, and remediation activities. Hazardous Discharge Site Remediation Fund (HDSRF) funds can also be leveraged to obtain funds from other sources such as U.S. Environmental Protection Agency (USEPA)

Real Estate and Leasing
Construction
Agriculture, Forestry, Fishing and Hunting
Waste Management and Remediation
Loan
Deadline Approaching
Coming Soon
Closed
Investments in Women-Led Start-ups

Rolling Application

Deadline:

Start Date:

Eligibility

  • The product is in the beta (not alpha) stage of development and has been created with input from clients or potential clients
  • The business has some “proof of concept” revenue
  • Typical pre-money valuation is below $5M
  • Typically seeking to raise $250,000-$2M
  • Company must have annual run-rate revenue of over $1M and over 40% of gross margin

Benefits

Ability to meet one-on-one with seasoned investors for feedback and possible funding opportunities.

Technology
Life Sciences
Technical Assistance
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