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Information for NJ Businesses on the COVID-19/Novel Coronavirus Outbreak

Please see the below information which will be updated regularly as more information becomes available.

For additional information on COVID-19/Novel Coronavirus and its impact on businesses, please visit the State of New Jersey business portal at https://cv.business.nj.gov.

Last updated 3/19/2020


1. My business is being financially and/or operationally impacted by the coronavirus outbreak.  Who at the State should I reach out to?


Before reaching out directly to the State, we recommend that you review the answers on this site, and the above portal which contains comprehensive guidance for businesses and the latest updates on federal and state assistance.  Reading this information is likely to be the most efficient way for you to get answers and support. 
 
If you would like to speak to someone on the phone about a business-related coronavirus matter, we recommend you call the New Jersey Business Action Center (8am-5pm ET) at 1-800-JERSEY-7. 
 
If you have a non-business-related corona virus related inquiry, please call the NJ Coronavirus & Poison Center Hotline at 1-800-222-1222, or visit: nj.gov/health/.


 

2. Are there any existing programs that my small or medium-sized business could utilize as we work to address coronavirus-related impacts? 


The New Jersey Economic Development Authority (NJEDA) has a portfolio of loan, financing, and technical assistance programs available to support small and medium-sized businesses.  More information on existing products and programs can be found on the NJEDA website: 

NJEDA Programs for Small - to Mid-Sized Businesses
NJEDA Small Business Services

  
Speaking with an NJEDA team member may be helpful in understanding what resources may be available to address your business needs.   To reach an NJEDA team member, please call 609-858-6767 or share information about your business using this online form and a representative will contact you promptly: https://contactus.njeda.com/

 

3. What programs is the State developing to support businesses that are financially or operationally impacted by the coronavirus outbreak?


The State recognizes that the coronavirus outbreak is causing difficulty for many members of our business community.  Several State agencies are currently engaging with local business leaders, local financial institutions, and business advocacy groups to better understand what supports would be most impactful to ensure business and employment continuity. 
 
Please check with this site regularly, as we anticipate having an update in the near future. 

 

4. I currently have a loan or a tax credit agreement with the New Jersey Economic Development Authority (NJEDA); however, impacts of the coronavirus outbreak are impacting my business and I am concerned about not being able to meet my commitments.  Is there any relief available?


The NJEDA understands that the coronavirus outbreak is causing disruptions for some businesses that have been approved for State economic development support, including loans, grants, and tax credits.  Businesses are encouraged to appropriately respond to ensure the health and safety of their employees and customers.  

In light of the declared New Jersey state of emergency, NJEDA is currently reviewing procedures and policies related to all NJEDA support programs.
 
As a first step, the NJEDA is waiving certain specific requirements related to employee presence in the office for the recipients of awards under the following employment-based incentive programs: 
 
  • Grow New Jersey Program (“Grow NJ”),
  • Urban Transit Hub Program (“HUB”)
  • Business Employment Incentive Program (“BEIP”)
  • Business Retention and Relocation Assistance Grant Program (“BRRAG”)

Please visit the following link for more information about this program waiver: https://www.njeda.com/Press-Room/News-Articles/Press-Releases/NJEDA-Waives-80-Percent-Project-Site-Requirement-a.
 
Please continue to check this website in the coming days for additional program specific guidance. 
 
In addition, if you would like to speak with a representative about your specific situation, please call your assigned Incentives Officer or 609-858-6767; or provide information using this form and a member of the NJEDA will contact you promptly: https://contactus.njeda.com/.