Jun 10 Expanded NJEDA Small Business Emergency Assistance Grant Program Application Window is Now Open
The Small Business Emergency Assistance Grant Program from the New Jersey Economic Development Authority (NJEDA) will provide up to $5,000 to NJ-based small and medium sized businesses that have between 1–10 full time equivalent employees. The grant funding aims to reimburse revenue lost as a result of a business interruption caused by COVID-19. Funding cannot be used for capital expenses, including construction.
After its initial launch on April 3, the program was oversubscribed within an hour. The Grant Program has since been expanded and applications are now being accepted (as of June 9, 2020) to be processed on a first-come, first-served basis.