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Grant Opportunities for Businesses and Non-Profits

1. Businesses: Summary-> $200M of Phase 4 EDA Funding. Pre-Registration starts immediately today!
   1. 1-5 FTEs – up to $10K
   2. 6-25 FTEs – up to $15K
   3. 26+ FTEs up to $20K
   4. There is a grants calculator that businesses can use to help them determine their qualifications. They must prove there is no duplication of benefits, etc. from prior grants.
2. Details-> Interested business owners and non-profits will need to pre-register here to access the application. Pre-registration reopened today, Wednesday, May 26th, 2021, at 9:00 a.m. EDT, and will remain open for five weeks, until Wednesday, June 30th, at 5:00 p.m. EDT. Applications will become available following the pre-registration period, as pre-registered applicants will be asked to return to https://programs.njeda.com/en-US/ to complete an application based on the following schedule:

1. 1. Restaurants (Food Services and Drinking Places, NAICS begins with 722), Child Care Providers (NAICS code 624410) and Small Business (6 more Full Time Equivalent Employees): July 7, 2021, 9:00 a.m. EDT.
   2. Micro Business (5 or Less Full Time Equivalent Employees): July 8, 2021, 9:00 a.m. EDT.
2. Applications will remain open through July 15, 2021, 5:00 pm EDT and will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission. Applicants must complete the full application to be considered for grant funding.
3. Here is a grant award calculator for these grants that you or your businesses can use:  https://forms.business.nj.gov/grant-4/size/
4. Small businesses and non-profits will need to show they have been negatively impacted during the declared state of emergency to be eligible for this grant. This includes businesses that have been temporarily shut down, have been required to reduce hours, have had at least a 20 percent drop in revenue, have been materially impacted by employees who cannot work due to the outbreak, or have a supply chain that has materially been disrupted and therefore slowed firm-level production during the pandemic.
5. The NJEDA will continue to provide the online pre-registration and application in English and Spanish, offering applicants access to interpretation services to support speakers of ten additional languages –Arabic, Chinese (Mandarin and Cantonese), Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog.
6. In addition to the Small Business Emergency Assistance Grant Program, the NJEDA administers a variety of technical assistance and low-cost financing programs for small and mid-sized businesses impacted by COVID-19. Businesses and nonprofits can use the Eligibility Wizard to identify which emergency assistance programs they may want to consider for their business’s specific needs. More information about these programs and other State support is available at https://business.nj.gov/covid or call 844-965-1125.