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NJ
NJEDA Micro Lender Support Grant Program
Grants to lenders that expand affordable capital for underserved New Jersey microbusinesses.
About this program
The Micro Lender Support Grant Program provides grant funding to CDFIs, Minority Depository Institutions, and other lenders to support targeted lending initiatives for underserved New Jersey micro and small businesses. Deadline notes: Availability depends on NJEDA funding rounds. Notes: This is indirect support: grant funds go to lenders to increase capital access for underserved micro and small businesses.
Eligibility
Eligible CDFIs, Minority Depository Institutions, and other organizations that lend to New Jersey micro businesses and meet NJEDA requirements.
Requirements
- Lender applicants submit organizational, lending, financial, and targeted lending initiative documentation required by NJEDA.