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NJ

NJEDA Small Business Improvement Grant

Reimburses up to 50% of total project costs (up to $50,000) for capital improvements or purchase/installation of new furniture, fixtures, and equipment incurred since March 9, 2020. Helps NJ small businesses upgrade their physical operations.

About this program

Cannabis license holders ineligible. Funded by Main Street Recovery Finance Program. Priority for businesses in Opportunity Zones.

Eligibility

NJ small businesses; project costs must total at least $5,000; only one award per EIN for life of program; cannabis license holders not eligible. Tax Clearance Certificate required.

Funding Categories

Capital Improvements