New Jersey Economic Development Authority (EDA) - The EDA provides NJ companies with loans, loan guarantees, lines of credit and incentive grants to help fund their operations and expand their businesses. Get started with an online EDA application. Questions? Contact the NJEDA Customer Care Line at 866-534-7789 or send an e-mail to CustomerCare@njeda.com.
- InvestNJ - Obtain capital-investment
grants (up to $1 million) and job-creation
grants ($3,000 for each new job created)
- Main Street Business Assistance -
Obtain 5% fixed-rate loans through a
combination of bank and EDA financing.
Lines of credit are also available.
- Business Employment Incentive
Program (BEIP) - Receive an incentive
grant for creating and maintaining at least 25
jobs in a two-year period.
- Business Retention and Relocation
Assistance Grant (BRAGG) - If your
business is relocating within New Jersey, you
can receive a tax credit of up to $1,500 per
employee for each job retained.
- Manufacturing Assistance - Other EDA
programs for NJ manufacturers.
- Clean Energy Grants for
Manufacturers - The CEMF program
provides up to $3.3 million in grants and
interest-free loans to qualified manufacturing
projects in New Jersey through a competitive
solicitation.
US Small Business Administration 504 Program - The SBA provides long-term, fixed-rate financing for major fixed assets, such as land and buildings.
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