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EDA to Distribute Awards from Phase 2 of the Small Business Emergency Assistance Grant Program
On June 22,The New Jersey Economic Development Authority will begin releasing an initial batch of awards from phase 2 of its Small Business Emergency Assistance Grant Program.
The $45 million program will provides grants of up to $10,000 to small businesses and non-profits impacted by the coronavirus pandemic. $15 million of Phase 2 funding will be set aside to support qualified businesses located in one of the 715 census tracts that were eligible to be selected as a New Jersey Opportunity Zone.
You can learn about other NJEDA programs and see what you may qualify for using the NJ COVID-19 Business Support Eligibility Wizard. Explore how NJEDA determines grant size with the Grant Size Estimator.
Please reach out to Hilary Chebra, Manager. Government Affairs at hchebra@chambersnj.com if you have any questions.
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