On June 2, the New Jersey Economic Development Authority (NJEDA) announced that applications for the expanded Small Business Emergency Assistance Grant Program will be available at 9:00 a.m. on June 9, 2020 in both English and Spanish. The $45 million program will provide grants up to $10,000 to small businesses impacted by the coronavirus pandemic. A sample application that business owners can use to prepare is available in English, Spanish, and ten additional languages at https://cv.business.nj.gov.  

Applications for Phase 2 of the Small Business Emergency Assistance Grant Program will be available on June 9, 2020. NJEDA staff will process the applications on a first-come, first-served basis. There will be no application fee. 

Join us tomorrow for our virtual event with Tim Sullivan, Chief Executive Office of NJEDA, who will discuss:

• The sample application will be shared on the screen for prospective applicants to assure businesses are as prepared as possible to apply
• More clarity as it relates to the $15 million of funding being reserved for businesses in Opportunity Zone-eligible census tracts
• Details for small business applicants whose primary language is not English
• Further details on the expanded eligibility requirements to include sole proprietorships and home-based businesses, and businesses with up to 25 full-time equivalent employees

All attendees will have the ability to ask questions of Mr. Sullivan in the chat function of the Chamber’s Zoom platform and we will get to as many as we can once the formal presentation concludes. Please click here to register.

To read the NJEDA press release, click here.

Please reach out to Hilary Chebra, Manager. Government Affairs at hchebra@chambersnj.com if you have any questions.