The African American Chamber of Commerce of New Jersey (AACCNJ) has entered into a partnership with the New Jersey Economic Development Authority (NJEDA) to establish and facilitate the Small Business Bonding Readiness Assistance Program. This initiative is designed to better position New Jersey small, minority- and women-owned businesses to compete for state, county, municipal, agency or government contracts in the public sector.
The chamber will be holding educational workshops throughout the state to educate and engage potential applicants. Attending businesses will benefit from accessing information and resources made publicly available without having formally enrolled in the program.
If a business is accepted into the program, they will participate in classes taught by subject matter experts focusing on several subject areas to enhance business practices, including but not limited to: bonding, insurance, business development, financial presentation, personal credit, and business credit.