Any small New Jersey business with the following can apply:
Each program provides grants to cover 75% of eligible project costs, with a cap of up to $500,000 per business, per program with two tiers of incentive caps.
Businesses receive financing up to $500,000.
Grants are equal to 50% of eligible total project costs up to $50,000.
Small businesses and nonprofits must be entering a new market-rate lease, lease amendment, or lease extension for at least a 5-year term that includes at least 250 square feet of street-level space.
Business receive two grant awards of 20% of the annual lease payment.
The business must be registered in New Jersey.
The tax credit ranges from $2,400 to up to $9,600 per employee hired.
Businesses receive up to $25,000 in a federal bond insuring employers against theft, forgery, larceny, or embezzlement for a term of 6 months.
Small businesses, with particular emphasis on minority- and women-owned businesses, may apply.
Program includes a comprehensive series of classes, workshops, and strategic counseling sessions covering a variety of topics relevant to small businesses in all sectors.
Any business can apply if it has existing employees who can be trained in a new skill for current and future workforce demands.
Employers can receive grants of up to $100,000.
Businesses receive a sales tax exemption for the purchase of electricity and natural gas for use at the facility.
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