NJEDA Phase 3 Grant Eligibility Estimator, located in one of the 715 census tracts that were eligible to be selected as a New Jersey Opportunity Zone, Small Business Emergency Assistance Grant Program Phase 2 [PDF], check Phase 2 Grant Application Status online, NJ COVID-19 Business Support Eligibility Wizard, Restaurants – 9:00 a.m. on Thursday, October 29, 2020, Micro businesses – 9:00 a.m. on Friday, October 30, 2020, All other businesses, excluding restaurants and micro businesses – 9:00 a.m. on Monday, November 2, 2020, Eligible Micro-businesses with five or fewer FTEs and sole proprietorships will receive up to $5,000, Eligible Businesses with six to 25 FTEs will receive up to $10,000.

Non-profit organizations are eligible for this program. Reimburse revenue lost as a result of a business interruption caused by COVID19. Businesses may not use the funding for capital expenses. Additionally, all NAICS code restrictions from Phase 1 of the grant will be removed for Phase 2. Applications for the expanded Small Business Emergency Assistance Grant Program Phase 2 [PDF] opened June 9, 2020, in both English and Spanish. Reimburse revenue lost as a result of a business interruption caused by COVID-19. The State and NJEDA may use the same software and information to review grant applications but reserves the right to use any other appropriate software and/or information to determine the location of an application in relation to Opportunity Zone eligible census tracts.]. Eligible non-profits must have status of 501(c)(3), 501(c)(4), 501(c)(7). For businesses that are classified as “Food Services and Drinking Places” (NAICS code 722) ONLY: Please use the NJEDA Phase 3 Grant Eligibility Estimator and NJEDA Phase 3 Grant Size Estimator to understand your businesses' eligibility. Your organization’s industry as defined by your NAICS code. Businesses can now check Phase 2 Grant Application Status online.

READ MORE: No fees will be collected by the authority for this program and funding will be fully disbursed as quickly as possible upon approval of grant application. Applicants may now check the status of Small Business Emergency Assistance Loan applications online.. Eligible Businesses with 26 to 50 FTEs will receive up to $15,000. PLEASE NOTE: In order to be considered for eligibility for grant funding under Phase 2, you MUST submit a new application. The focus of this round of funding is on the smallest enterprises in industries that are among the most adversely impacted by the COVID-19 containment measures. UPDATE: NJEDA Small Business Emergency Assistance Grant Program (Phase 2 Information Available), NJ COVID-19 Business Support Eligibility Wizard. *Applications for the expanded *Small Business Emergency Assistance Grant Program Phase 2 will be available at 9:00 a.m. on June 9, 2020 in both English and Spanish. Explore how how NJEDA determines grant size with the Grant Size Calculator or access a copy of the grant application. You can learn about other NJEDA programs and see what you may qualify for using the NJ COVID-19 Business Support Eligibility Wizard. To address the massive need for support, the NJEDA has created a process for corporate and philanthropic partners to make donations to expand the Program. The Small Business Emergency Assistance Grant Program will provide up to $5,000 to NJ-based SMEs that have between 1–10 full time equivalent employees (“FTE”). SOURCE: NJEDA. A home-based business is a business operated out of a residential property where commercial activity is not zoned to take place. Contact information for someone who is authorized to speak on behalf of your company. Businesses can access the full Notice of Funding Availability. Related to the purveyance of “adult” (i.e., pornographic, lewd, prurient, obscene) activities, services, products or materials (including nude or semi-nude performances or the sale of sexual aids or devices), Auction or bankruptcy or fire or “lost-our-lease” or “going-out-of-business” or similar sale, Christmas tree sales or other outdoor storage, Any other activity constituting a nuisance, Illegal under the laws of the State of New Jersey. Please visit the State of New Jersey' business portal at https://cv.business.nj.gov for more information on NJEDA programs to support COVID-19 impacted businesses.

Any material breach of its best efforts certification may result in the NJEDA seeking repayment of the grant. Funding cannot be used for capital expenses, including construction. You can learn about other NJEDA programs and see what you may qualify for using the NJ COVID-19 Business Support Eligibility Wizard.

For businesses/non-profit organizations that have applied for the Small Business Emergency Assistance Grant Program (Phase 2), please check the status of your application at: Commission on Science, Innovation and Technology, Financial Assistance Projects with Construction Activity, EDA Annual Report to Legislative Budget Committees, Small Business Bonding Readiness Assistance Program, Economic Redevelopment & Growth (ERG) Program, Film and Digital Media Tax Credit Program, Technology Business Tax Certificate Transfer (NOL) Program, Office of International Trade and Investment, Office of International Trade and Investment RFEI, Office of International Trade and Investment RFEIs, Professional Services Qualification Statement, City of Trenton - Potential Redevelopment Sites, Angel Investor Tax Credit Program Application, Small Business Lease Assistance Program Application, Division of Taxation Tax Clearance Certificate Application, BRRAG Tax Credit Certificate Transfer Program Forms, Business Employment Incentive Program (BEIP) Forms, Grow NJ Reporting and Certification Forms, CARES Act Grant Application Processors and Team Leaders, click here for a list of businesses and non-profit organizations, https://forms.business.nj.gov/grant-2-status/. Information for Phase 2 of the NJEDA Small Business Emergency Assistance Grant

For the NJEDA to effectively administer the Program, gifts to support the Small Business Emergency Assistance Grant Program must be at least $100,000 and without conditions. Although the data used by that website may have been provided by NJEDA as a courtesy to the public, the State and NJEDA are not responsible for and make no representation with regard to any information or content on that website. Businesses will receive $1,000 per full-time employee, (based on WR-30 filing). The CEO of the business must certify that the business: Will make a best effort not to furlough or lay off any individuals from the time of application through six months after the end of the declared state of emergency. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration, The New Jersey Small Business Development Centers (NJSBDC) network is also funded by the State of New Jersey and is hosted by Rutgers Business School: Network and New Brunswick. SMEs that have already furloughed or laid off workers must make a best-effort pledge to re-hire those workers as soon as possible. Sole proprietorships or other companies with no full-time employees will receive the minimum grant amount ($1,000). Pre-registration for the Small Business Emergency Assistance Grant Program opened on October 19, 2020 and closed at 5:00 p.m. on Tuesday, October 27, 2020.

NJEDA staff will process the applications on a first-come, first-served basis. https://www.cognitoforms.com/NJEDA/grantapplicationstatus. Have a physical commercial location in the State of New Jersey. The application period is now closed. There is no application fee. Applications for the expanded Small Business Emergency Assistance Grant Program Phase 2 will be available at 9:00 a.m. on June 9, 2020. You have a material financial need that cannot be overcome without the grant funds.

Applications for the NJEDA’s Small Business Emergency Assistance Grant Program launched on April 3rd, 2020. This means companies non-employee companies (holding), companies that have between 1-10 FTE utilizing 1099 employees, and larger firms are not eligible for this round of grant funding. The focus of this round of funding is on the smallest enterprises in industries that are among the most adversely impacted by the COVID-19 containment measures. Video Walk Through of the Phase 3 Grant Application.

Please visit the State of New Jersey' business portal at https://cv.business.nj.gov for more information on NJEDA programs to support COVID-19 impacted businesses. NJEDA will award a total of $70 million in federal CARES Act funding to small businesses. Call 609-858-6767 or click below to have an NJEDA representative contact you. Have between 1 and 10 FTEs. To avoid conflicts of interest, donors must have no existing contracts with the NJEDA and may not enter into such a contract for at least six months. UPDATE 5/22/2020: NJEDA will be providing an additional $5 million to fund waitlisted applicants. Has been negatively impacted by the COVID-19 declared state of emergency in Executive Order 103 (e.g., has been temporarily shut down, has been required to reduce hours, has had at least a 20% drop in revenue, has been materially impacted by employees who cannot work due to the outbreak, or has a supply chain that has materially been disrupted and therefore slowed firm-level production). Phase 2 Grant Award Amounts The grant funding is targeted as unrestricted payroll and working capital support, and cannot be used for any capital expenses, including construction. Will make a best effort not to furlough or lay off any individuals from the time of application through six months after the end of the declared state of emergency. Related to the purveyance of “adult” (i.e., pornographic, lewd, prurient, obscene) activities, services, products or materials (including nude or semi-nude performances or the sale of sexual aids or devices), Auction or bankruptcy or fire or “lost-our-lease” or “going-out-of-business” or similar sale, Christmas tree sales or other outdoor storage, Any other activity constituting a nuisance, Illegal under the laws of the State of New Jersey, Registered legal name and “Doing Business As” name. To prepare for the application process, please review the Sample of the Full Application for Phase 3. Take advantage of all the Garden State has to offer.



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