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NJ
New Jersey Innovation Fellows Program
Income replacement grants up to $400,000 for entrepreneur teams launching AI-driven businesses, with at least one member who is a NJ college graduate or a diverse entrepreneur.
About this program
Visit the program website for full details.
Eligibility
Eligible entrepreneur teams must include at least one member who is a graduate of a New Jersey college or university or is a diverse entrepreneur. Teams may receive $50,000 legislated bonuses for each certifying entrepreneur leader for up to three bonus awards totaling $150,000.
Requirements
- Team must include at least one NJ college/university graduate or diverse entrepreneur
- Business must be AI-driven
- Must meet NJEDA eligibility criteria