Feb 02 NJEDA TO RELEASE SMALL BUSINESS IMPROVEMENT GRANT ON FEBRUARY 10

The New Jersey Economic Development Authority (NJEDA) has announced the release of the Small Business Improvement Grant on February 10, 2022, at 10 a.m. The primary focus of this grant is to reimburse businesses for general improvements or purchases of new furniture, equipment, and fixtures. Of the $15 million grant, 40% will be reserved for nonprofit organizations and businesses located in Opportunity Zones.  Applications will be accepted on a rolling basis until all funding is spent.

For more information on the program, please visit the NJEDA site here.

Sax will continue to update you on beneficial relief and recovery programs.  For any questions, or to speak to an advisor about your specific situation, please reach out by visiting www.saxllp.com.