New Jersey Economic Development Authority - Public Information

Public Information - BEIP Activity Report

Business Employment Incentive Program (BEIP) Activity

Since the inception of BEIP in 1996, the EDA has executed 430 BEIP grants worth over $1.4 billion, supporting the creation of an estimated 81,495 new jobs and leveraging nearly $12.3 billion in total public/private investment. To date, these BEIP grants have supported the creation of 86,725 actual jobs.

Click here for a list of all executed BEIP grants (alphabetically).

Click here for a list of all executed BEIP grants (by date).

EDA seeks input on BEIP proposal

Success Stories

Pro Tapes & Specialties

Over the last 13 years, this North Brunswick-based manufacturer has benefited from over $500,000 in EDA loan participations, which have supported over $2,000,000 in total bank financing. read more

Bonds

The EDA issues conduit tax-exempt private activity bonds, the proceeds of which are used to provide low-interest, fixed-asset loans. Borrowers must meet the eligibility requirements outlined in the Internal Revenue Code (IRC) in order to qualify. Taxable bonds are also available for a wide variety of businesses. Taxable bonds offer similar flexibility in structuring rates and terms but are not subject to the restrictions placed on tax-exempt financing under the IRC. Click here for more information.