Has a material financial need that cannot be overcome without the grant of emergency relief funds at this time (e.g., does not have significant cash reserves that can support the SME during this period of economic disruption. Be able to affirmatively answer and/or certify that: You are not a home-based business. 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. 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. 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. 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. Applications for the expanded Small Business Emergency Assistance Grant Program Phase 2 [PDF] opened June 9, 2020, in both English and Spanish. Use this form to check the status of applications to the NJEDA Small Business Emergency Assistance Phase 2 Grant Program. Non-profit organizations are eligible for this program. 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. Information for Phase 2 of the NJEDA Small Business Emergency Assistance Grant.
Take advantage of all the Garden State has to offer. Businesses that received funding in previous phases of the program are eligible to receive Phase 3 funding.
To assist businesses with application preparations, translated copies of the application are available now in the following languages: English, Spanish, Arabic, Mandarin, Cantonese, Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog. Businesses can access the full Notice of Funding Availability.
Within an hour the program was oversubscribed; within a week the NJEDA received more than 30,000 applications. SOURCE: NJEDA, Business.NJ.gov Applications for the NJEDA’s Small Business Emergency Assistance Grant Program launched on April 3rd, 2020. To see the full application and read the State debarment questions, you may access a copy of the loan application now. Applicants may now check the status of Small Business Emergency Assistance Loan applications online.. 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. $35 million of funding will be dedicated to support businesses classified as “Food Services and Drinking Places” under NAICS code 722 and $15 million will be directed to support “micro-businesses” that have five or fewer FTEs. New Jersey Economic Development Authority: Your Resource for Economic Opportunity This online application DOES NOT include NJEDA's programs for businesses impacted by COVID-19. Take advantage of all the Garden State has to offer. NJEDA will award a total of $45 million in federal CARES Act funding to small businesses. Are classified in one of the following industries: Retail (NAICS codes starting with 44… or 45…); Accommodation & food services (NAICS codes starting with 72…); Arts, entertainment & recreation (NAICS codes starting with 71…); Other services (only those with NAICS codes starting with 811… and 812). Be able to affirmatively answer and/or certify that: What is the status of the NJEDA Small Business Emergency Assistance Grant Program? To confirm your NAICS code, check your federal tax filing or use this site to look up your NAICS code: naics.com/search. This is the full application for the NJEDA Small Business Emergency Assistance Phase 3 Grant Program. For businesses impacted by COVID-19, please dial toll free 1-844-965-1125 for information on available resources. Grant values are calculated at $1,000 per FTEs reported on business’ WR-30 filed with the New Jersey Department of Labor and Workforce Development. You have a material financial need that cannot be overcome without the grant funds. Video Walk Through of the Phase 3 Grant Application. Pre-registered applicants will need to return to the Application Portal to complete an application based on the following schedule: Applications for each category will be open for a period of one week and will be accepted on a first-come, first-served basis. https://faq.business.nj.gov/en/articles/3835237-what-is-the-status-of-the-njeda-small-business-emergency-assistance-grant-program-phase-2-information-now-available. Applications for the expanded Small Business Emergency Assistance Grant Program Phase 2 [PDF] opened June 9, 2020, in both English and Spanish. 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.
More information is available below on the grant scope, eligibility, and the materials required for application submissions.
NJEDA staff will process the applications on a first-come, first-served basis. For additional information on the Phase 3 application and eligibility, please review the Phase 3 FAQS. UPDATE 5/22/2020: NJEDA will be providing an additional $5 million to fund waitlisted applicants.
Eligible non-profits must have status of 501(c)(3), 501(c)(4), 501(c)(7). Has a material financial need that cannot be overcome without the grant of emergency relief funds at this time (e.g., does not have significant cash reserves that can support the SME during this period of economic disruption. SMEs that have already furloughed or laid off workers must make a best-effort pledge to re-hire those workers as soon as possible. Funding is subject to availability, and is available on a first-come, first-served basis. Have between 1 and 10 FTEs.
Your organization may use Phase 2 grant funding to… Your organization is eligible for the Small Business Emergency Assistance Loan Grant if you…. Applicants may now check the status of Small Business Emergency Assistance Loan applications online.. https://www.cognitoforms.com/NJEDA/grantapplicationstatus.