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NJDEP Makes $11.2 Million Available to Help Fishing Businesses Impacted by COVID-19
On October 15, Governor Phil Murphy and Department of Environmental Protection (NJDEP) Commissioner Catherine R. McCabe announced $11.2 million in financial assistance is being made available to commercial and recreational fishing businesses impacted by the COVID-19 public health emergency. The funding is available as grants to eligible businesses that document a 35-percent loss in revenues as a result of the pandemic.
The New Jersey Division of Fish and Wildlife’s Marine Fisheries Administration will review applications and administer financial assistance to eligible business. An online application will be available Monday, October 19, 2020, through DEP’s electronic grants management system, NJDEP SAGE at https://njdepsage.intelligrants.com.
Applicants will have 30 days from the date of the posting of the online application to request funding. The amount of individual payments to applicants will be based on the number of total eligible applicants and the allocation of funds across three different sectors:
- Commercial and aquaculture businesses,
- Processors and dealers and
- Recreational fisheries
Eligible fisheries-related businesses include commercial fisheries, aquaculture businesses, processors, dealers, and recreational fishery businesses, including for-hire businesses as well as bait and tackle shops. The program requirements stipulate that some businesses in the sector, including vessel repair shops, seafood retail locations, and restaurants, are not eligible to receive assistance under this program.
Details on the specific information that must be provided are available at the Marine Fisheries Administration’s CARES website at www.njfishandwildlife.com/cares_info.htm.
To read the NJDEP press release, click here.
Please reach out to Hilary Chebra, Manager, Government Affairs at hchebra@chambersnj.com if you have any questions.
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