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NJ

NJ Innovation Evergreen Fund – Tax Credit Auction

State co-investment fund supporting NJ-based innovative high-growth businesses through capital raised via tax credit auctions. NJEDA Board approved $85 million in tax credits to fuel the fund.

About this program

Visit the program website for full details.

Eligibility

New Jersey-based innovative high-growth businesses. NJEDA co-invests through the fund, which is capitalized via tax credit auctions to private corporations.

Requirements

  • Must be a New Jersey-based innovative high-growth business
  • Must meet NJEDA investment criteria
  • Must be approved through NJEDA's innovation economy programs