NJEDA Small Business Grants Are Still Available

NJEDA Small Business Grants Are Still Available: There are three well-funded and non-competitive grants from the NJ Economic Development Authority (NJEDA) that focus on small businesses.  Please share this information directly with your businesses in your districts and municipalities.

Small Business Improvement Grant

• Open to NJ small businesses.
• Reimbursement grant for interior and exterior renovations, the purchase and installation of new furniture, fixtures, and equipment.  The work must be completed, and items paid for within two years from the date of application.
• Reimbursement is 50% of total cost, up to $50,000 maximum award.
• Program details and grant application are on the NJEDA website.

Small Business Lease Grant

• Open to NJ small businesses with a new 5-year (or longer) lease of street level space, between 250 and 10,000 square feet. Amended leases may be eligible if additional space is added.
• Lease must be executed within the previous 12 months from the grant application date.
• Grant award is 20% of annual lease payment upon grant approval, and a second 20% payment of the annual lease amount after one year.
• Program details and grant application are on the NJEDA website.

Small Business E-Commerce Support Program

• Open to NJ restaurants, retail, and personal care businesses that operate from a commercial location.
• Free E-Commerce and digital marketing consulting such as website development, website optimization, E-Commerce platform, online ordering, online appointment booking, and digital marketing plans.
• This program is consultant led; business owners should reach out directly to one or more of the approved vendors to get started. There is no online application through the NJEDA.