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New Jersey Zero Emission Incentive Program (NJ ZIP) Applications Now Open
On April 6, the New Jersey Economic Development Authority (NJEDA)announced that applications are now open for the New Jersey Zero Emission Incentive Program (NJ ZIP). The $15 million pilot program will provide vouchers for up to $100,000 to businesses and institutional organizations in the greater Newark and Camden areas to support the purchase of new, zero emission medium and heavy-duty vehicles (MHDVs) such as pickup trucks, vans, busses, and box trucks.
The application for the program is available at https://www.njeda.com/njzip. Vouchers will be awarded on a first-come, first-served basis to eligible buyers with $5 million set aside for micro and small businesses.
The pilot program will only be available in the greater Newark and greater Camden areas, defined as the overburdened communities within or intersected by a circle with a 10-mile radius centered on Newark and Camden. More information, including a complete list of eligible municipalities, is available at https://www.njeda.com/njzip.
The NJEDA recently hosted three informational webinars for potential NJ ZIP applicants and vendors. Recordings and copies of the slides that were presented are available at https://www.njeda.com/njzip.
Please reach out to Hilary Chebra, Manager, Government Affairs at hchebra@chambersnj.com if you have any questions.
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