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NJ EDA Small Business Emergency Assistance

Date: April 2, 2020

The Governor of New Jersey Announced funding:  NJ EDA Small Business Emergency Assistance Grant Open April 3, 2020 at 9:00 am.

Below is a summary and link:

EDA Small Business Emergency Assistance Grant

Opens: April 3, 2020 at 9:00am

Closes: April 10, 2020 at 9:00am

 

Total Funds available $5 million

  • $3 million set aside for businesses with 5 or fewer employees
  • $2 million available businesses with for 5-10 employees

Maximum amount granted will be $5,000.

Minimum granted $1,000.

Grants listed as to be used for ‘unrestricted payroll’ (I understand this is to be used strictly for payroll, no miscellaneous expenses.)

Pornography, gambling, Christmas tree/outdoor sales activities and foreclosure/closing of business related activities will not be given the grant money

https://faq.business.nj.gov/en/articles/3835237-what-grants-are-available-for-small-and-medium-sized-businesses-smes-via-the-njeda-small-business-emergency-assistance-grant-applications-open-april-3-2020-at-9-a-m