New Jersey Innovation Evergreen Fund (NJIEF) corporate tax credit auction

NOW ACCEPTING APPLICATIONS for the Corporate Tax Credit Auction. Completed applications, including a refundable deposit, must be received by October 7, 2022.

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 NJEDA APPROVES THE CREATION OF THE CHILD CARE FACILITIES IMPROVEMENT PILOT PROGRAM

Through Phase 1 of the program, the NJEDA will provide nearly $15 million in grants of up to $200,000 to licensed child care centers in New Jersey to cover the costs of facility improvements.

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NJEDA NOW ACCEPTING APPLICATIONS FOR Small Business Improvement Grant

The Small Business Improvement Grant offers reimbursement for costs associated with making building improvements or purchasing new furniture, fixtures and equipment.

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NJEDA now accepting applications for ASPIRE PROGRAM

The Aspire program supports mixed-use, transit-oriented development by providing tax credits to commercial and residential real estate development projects that have financing gaps.

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NJEDA now accepting applications for the Emerge Program

The Emerge Program encourages economic development in Governor Murphy’s priority sectors by providing tax credits for new jobs and large retention jobs.

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New Jersey Economic Recovery Act

Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020 (ERA) into law on January 7, 2021. The following page can be used to provide general pre-regulation input on programs & topics related to the ERA.

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Covid-19 Assistance Activity reports

The following page provides lists of businesses approved under both phases of the grant program, as well as the Small Business Emergency Assistance Loan Program

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Financing and incentives

Learn more about the NJEDA’s financing and incentives programs to assist New Jersey businesses.

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Strategic Industry Support

NJEDA is committed to nurturing the development of new technologies and ensuring that the State continues to be a leader in innovation.

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News & Updates

Press Release
September 23rd, 2022

NJEDA Approves Investment into Innovate Capital Growth Fund to Support Early-Stage NJ Companies

TRENTON, N.J. (September 23, 2022) – The New Jersey Economic Development Authority (NJEDA) today announced that its Board has approved investing up to $1 million into…
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Press Release
September 21st, 2022

Researchers at Rutgers and Tel Aviv Universities Set to Receive $200,000 in Seed Grants to Further Collaborative Projects

NEW BRUNSWICK, N.J. (September 21, 2022) – Twelve researchers at Rutgers, The State University of New Jersey and Tel Aviv University (TAU) in Israel are poised to receive a combined $200,000 in seed grants to further joint projects across a broad spectrum of academic areas.

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Press Release
September 16th, 2022

La Junta Directiva de la NJEDA Aprueba la Eliminación del Requisito de Garantía del Préstamo para Microempresas de Main Street

TRENTON, N.J. – La Junta Directiva de la NJEDA  aprobó una revisión del Préstamo para microempresas de Main Street, que elimina el requisito de garantías personales para los propietarios de microempresas.
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Press Release
September 16th, 2022

BioNJ President and CEO Debbie Hart Appointed as New Commission on Science, Innovation and Technology Chair

TRENTON, N.J. (September 16, 2022) – Governor Phil Murphy has appointed BioNJ President and Chief Executive Officer (CEO) Debbie Hart as the next Chair of the Commission on Science, Innovation and Technology, the Commission announced today.

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Press Release
September 14th, 2022

NJEDA Board Approves Removal of Collateral Requirement from Main Street Micro Business Loan

TRENTON, N.J.  – The NJEDA Board today approved a revision to the Main Street Micro Business Loan, removing the requirement for personal guarantees from owners of micro businesses.

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Press Release
September 13th, 2022

NOTICE OF CSIT BOARD MEETING – 9/16/2022

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, September 16, 2022 at 10:00 am.
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Press Release
September 12th, 2022

NJEDA to Host Child Care Facilities Improvement Program Information Sessions

TRENTON, N.J. – The New Jersey Economic Development Authority (NJEDA) today announced that it will host virtual information sessions on September 15 and September 19 for applicants interested in applying to NJEDA’s Child Care Facilities Improvement Program.
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Press Release
September 7th, 2022

NOTICE OF NJEDA ANNUAL BOARD MEETING – 9/14/2022

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, September 14, 2022, at 10:00 am.
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Press Release
September 1st, 2022

NJEDA Releases Brownfields Redevelopment Incentive Information for Public Feedback

TRENTON, N.J. – Today, the NJEDA released information on the Brownfields Redevelopment Incentive (BRI) Program for public feedback. Established by the New Jersey Economic Recover Act of 2020 (ERA), the Brownfields Redevelopment Incentive Program…

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Press Release
August 25th, 2022

NJEDA Now Accepting Applications for New Asset Activation Planning Grant Program

The New Jersey Economic Development Authority (NJEDA) is currently accepting applications for the New Jersey Asset Activation Planning Grant Program. 

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Press Release
August 8th, 2022

CSIT Awards Nearly $4 Million to 45 NJ Startups Through Catalyst and Clean Tech Seed Grant Programs

TRENTON, N.J. (August 8, 2022) – The New Jersey Commission on Science, Innovation, and Technology (CSIT) today announced that it has awarded… 

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Press Release
August 5th, 2022

NJEDA Opens New Jersey Corporate Tax Credit Auction to Fuel New Jersey Innovation Evergreen Fund

Trenton, N.J. – The NJEDA today announced that it has launched the next phase in the creation of New Jersey Innovation Evergreen Fund (NJIEF) by opening the first of up to five annual New Jersey Corporate Tax Credit Auctions to fuel the fund.

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Press Release
July 26th, 2022

Notice of Meeting Cancellation – CCRC Special Board Meeting

Please be advised that the Special Board Meeting of The Capital City Redevelopment Corporation (CCRC) scheduled for Thursday, July 28, 2022 is hereby cancelled. The next regularly scheduled meeting is Tuesday, August 16, 2022 at 11:00am.
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Press Release
July 20th, 2022

NJEDA Ampliará Programa de Comprobantes para Vehículos Eléctricos en Todo el Estado

LYNDHURST, N.J. – La NJEDA anunció la expansión del Programa de incentivos para emisiones cero de NJ ZIP para apoyar a las empresas e instituciones en todo el estado que están comprando vehículos de carga mediana y pesada nuevos con cero emisiones que operan en Nueva Jersey. 

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Press Release
July 19th, 2022

NOTICE OF CCRC SPECIAL BOARD MEETING

Please be advised that the Capital City Redevelopment Corporation Special Board Meeting is scheduled for Thursday, July 28, 2022 at 1:00 pm. The Members will convene via conference call only.
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Press Release
July 19th, 2022

NJEDA To Expand Electric Vehicle Voucher Program Statewide

LYNDHURST, N.J. (July 19, 2022) –The New Jersey Economic Development Authority (NJEDA) announced the expansion of the New Jersey Zero Emission Incentive Program (NJ ZIP) to support… 

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Press Release
July 18th, 2022

NJ Wind Port Achieves Key Milestone with Board Approval for Major Land Purchase

The New Jersey Economic Development Authority’s Board (NJEDA) has approved the purchase of a 109.4-acre property which will enable the planned expansion of the NJ Wind Port in Lower…
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Press Release
July 13th, 2022

30 Organizaciones Sin Fines de Lucro de New Jersey Recibirán 17,5 Millones de Dólares en Subvenciones a Través de la Nueva Fase del Programa de Apoyo a Restaurantes y Familias Necesitadas de la NJEDA

TRENTON, N.J. – La NJEDA anunció que tiene previsto otorgar subsidios por un total de 17,5 millones de dólares a 30 organizaciones sin fines de lucro a través de la tercera fase de su exitoso programa Sustain & Serve NJ.
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Press Release
July 12th, 2022

NOTICE OF CSIT BOARD MEETING – 7/15/2022

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, July 15, 2022 at 10:00 am.
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Press Release
July 8th, 2022

30 New Jersey Nonprofits to Receive $17.5 Million in Grants Through New Phase of NJEDA Program Supporting Restaurants and Families in Need

TRENTON, N.J.  – The NJEDA today announced plans to award grants totaling $17.5 million to 30 nonprofit…

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Press Release
July 6th, 2022

NOTICE OF NJEDA BOARD MEETING – 7/13/2022

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, July 13, 2022, at 10:00 am.
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Press Release
June 30th, 2022

CSIT to Open Maternal and Infant Health R&D Seed Grant Program Applications on July 1

Trenton, N.J. – The New Jersey Commission on Science, Innovation, and Technology (CSIT) will open applications for its$750,000 Maternal and Infant Health Research and Development (R&D) Seed Grant Program on Friday, July 1.

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Press Release
June 16th, 2022

NOTICE OF CCRC BOARD MEETING

Please be advised that the Capital City Redevelopment Corporation Board Meeting is scheduled for 11:00 am, Tuesday, June 21, 2022.  The Members will convene via conference call only.
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Press Release
June 8th, 2022

NJEDA Board Broadens State’s Support of Film and Digital Media Production

TRENTON, N.J. – The NJEDA Board approved at its June Board meeting proposed amendments to the New Jersey Film and Digital Tax Credit rules, with a goal of attracting more production companies to film and create digital media content in New Jersey and to encourage the development of large-scale studios in the state.
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Press Release
June 1st, 2022

NOTICE OF NJEDA BOARD MEETING – 6/8/2022

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, June 8, 2022, at 10:00 am.
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All NEWS & Updates

Upcoming Board Meetings

October
12
10:00 am
Wednesday

October 12, 2022

NJEDA Board Meeting

NJEDA Board Room, 36 West State Street, Trenton, NJ Teleconference: 877-692-8955 Conference ID: 4204420

    Past Board Meetings

    September 14, 2022

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    July 13, 2022

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    June 8, 2022

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    May 11, 2022

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    April 13, 2022

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    March 9, 2022

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    February 9, 2022

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    December 8, 2021

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    November 10, 2021

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    October 13, 2021

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    EVENTS CALENDAR

    NJ Offshore Wind Workforce and Skills Development Grant Challenge - info session on October 11, 2022 - register at https://njeda.zoom.us/webinar/register/WN_3QLSo0oYRGqCClYkTtbq0w
    Featured
    11
    3:00 pm
    Free Event
    Tuesday

    October 11, 2022

    NJEDA Offshore Wind Workforce and Skills Development Grant Challenge – Info Session

    The New Jersey Economic Development Authority’s (NJEDA’s) Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge) is a competitive grant program that will help prepare New Jerseyans, particularly those in overburdened communities, to develop skills for careers in offshore …
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    26
    2:00 pm
    Free Event
    Monday

    September 26, 2022

    NJEDA’s Main Street Micro Business Loan – Info Session

    The New Jersey Economic Development Authority’s (NJEDA) Main Street Micro Business Loan will provide low-cost financing to New Jersey micro businesses in need of working capital to support future business operating expenses. The Main Street Micro Business Loan, which succeeds …
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    29
    8:00 am
    Paid Event
    Thursday

    September 29, 2022

    2022 GOVERNOR’S CONFERENCE ON HOUSING AND ECONOMIC DEVELOPMENT

    TWO DAYS – IN-PERSON at Harrah’s Resort in Atlantic City. Join us to explore how to grow and improve New Jersey’s housing and economy. In partnership with the NJ Housing and Mortgage Finance Agency, NJ Department of Community Affairs, and …
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    3
    2:00 pm
    Free Event
    Monday

    October 3, 2022

    NJEDA’s Food Security Planning Grant Roll Out

    NJEDA’s Food Security Planning Grant Program will competitively award grants ranging between $75,000 to $125,000 to municipal governments, county governments, and/or redevelopment agencies to improve food access and food security by leveraging distressed assets in New Jersey’s Food Desert Communities.
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