Emerge Program created under the Economic Recovery Act (ERA) of 2020, encourages economic development in Governor Murphy’s priority sectors by providing per-job tax credits for new jobs and large retention jobs for up to seven years. The Emerge Program is targeted for small and large businesses, projects that meet minimum capital investment and minimum job creation or retention requirements.


To be eligible for Emerge support, a project must:

  • Create at least 35 new, full-time jobs. In some circumstances, this job creation requirement may be lower if a business is primarily engaged in a targeted industry, or if a business meets the definition of a “small business” as defined in the Emerge Program rules.
  • Be located in an Eligible Incentive location. 
  • Meet minimum capital investment requirements.
  • Emerge tax credits must yield a minimum net positive economic benefit to the state of 200 percent to 400 percent depending on project location.
  • Ensure that at least 80 percent of incented employees’ work time is spent in New Jersey and 80 percent of the withholdings of new or retained full-time jobs are subject to the ‘New Jersey Gross Income Tax Act’.
  • Ensure the Qualified Business Facility can accommodate at least 50 percent of incented jobs. 
  • Commit to stay at the Qualified Business Facility for 1.5 times the eligibility period.
  • Demonstrate that the award of the tax credit is a “material factor” in the decision to create or retain at least the minimum number of full-time jobs.


Projects under the Emerge and Aspire Programs are subject to a program cap of $1.1 billion per year for six years. The Emerge Program awards are calculated on an annual per job basis, with base credits for new jobs ranging between $500-$4,000 per job depending on project location and other aspects of the project. Bonuses are also available based on project location, industry, and alignment with other policy objectives. These bonuses can increase annual per-job credits to a maximum of $8,000 per job.  Jobs that are covered by a labor harmony agreement are eligible for an additional $1,000 bonus over the capped amounts.  Tax credits awarded through Emerge can be used to offset Corporate Business Tax or Insurance Premiums Tax or can be transferred for no less than 85 percent of their value or surrendered to NJ Division of Taxation for 90 percent of the value of the credits.


In order to receive Emerge tax credits, the project must be in good standing with the NJ Department of Labor, NJ Department of Treasury, and the NJ Department of Environmental Protection. Tax credit awards will be reduced if a project pays less than the county median salary and all jobs must pay no less than 30 percent of the host county’s median salary. All projects that receive tax credits under Emerge must meet minimum environmental standards, meet prevailing wage obligations for all construction workers for two years after the Authority has issued the first certificate of compliance, pay prevailing wages to building service workers for the commitment period of the tax award, and offer health care for employees. Projects that have a total cost of $10 million or more are also required to enter into a Community Benefits Agreement with the NJEDA and the municipality or county in which the project is located. These agreements will be overseen by a Community Advisory Committee specifically created to monitor compliance with the Community Benefits Agreement.


  • For projects with 99 or fewer new and retained full-time jobs, the fee to be charged at application shall be $5,000;
  • For projects with 100 to 249 new and retained full-time jobs, the fee to be charged at application shall be $10,000; and
  • For projects with 250 or more new and retained full-time jobs, the fee to be charged at application shall be $15,000.

Click here for a copy of the Emerge Fee Schedule

These are non-refundable application fee, on a tiered basis based on the number of new or retained full-time jobs.  Beyond application fees, the Authority sets rates for one-time approval fees; one-time issuance fees, which are paid at the point of initial certification; and annual servicing fees, which are paid for the years in which the Authority is monitoring the project; as well as fees for tax credit transfers, project modifications, and project terminations. All fees are sized based on the number of jobs associated with the project, with larger fee levels for larger projects. In addition, costs associated with certain third-party analyses or reviews utilized to assess the application may be passed along directly to applicants.

The full statutory text of the Emerge Program can be found in sections 68-81 of the Economic Recovery Act of 2020.


Targeted Industries include:
(Download the target industry interpretations for full details)

  • Advanced transportation and logistics,
  • Advanced manufacturing,
  • Aviation,
  • Autonomous vehicle and zero-emission vehicle research or development,
  • Clean energy,
  • Life sciences,
  • Hemp processing,
  • Information and high technology,
  • Finance and insurance,
  • Professional services,
  • Film and digital media,
  • Non-retail food and beverage businesses, and
  • Other innovative industries that disrupt current technologies or business models. 

Capital Investment Requirements

  • New construction office space: $120 per square foot of gross leasable area 
  • Rehabilitation office space: $40 per square foot of gross leasable area 
  • New construction of industrial, warehouse, logistics, or R&D facility: $60 per square foot of gross leasable area 
  • Rehabilitation of industrial, warehouse, logistics, or R&D facility: $20 per square foot of gross leasable area. 
  • In place of investing in the project’s facility, the business may make an equivalent donation to the EDA’s Recovery Infrastructure Fund for use by the municipality where the project is located.
  • Some of these eligibility requirements are relaxed for small businesses as defined in the program rules.

Net Positive Economic Benefit Requirement

  • To receive Emerge tax credits, the NJEDA must determine that the capital investment resulting from the award and the resulting creation and/or retention of full-time jobs will yield a net positive economic benefit to the State.
  • For projects that are located in GRMs and qualified Mega Project the net positive economic benefit to the State must be at least 200%.
  • For projects that are located in Distressed municipalities or Transit Hub municipalities the net positive economic benefit to the state must be at least 300%.
  • For all other eligible locations, the net positive economic benefit to the State must be at least 400%

Award Sizes

Base per-job tax credits by project location:

Government Restricted Municipality or Mega Project$4,000$8,000
Enhanced Area$3,500$6,000
Distressed Municipality$3,000$5,000
Opportunity Zone or Investment Corridor$2,500$4,000
All eligible projects$500$3,000

Bonus credits are available to projects that pay more than $15/hour to all employees of the company and meet one or more of the following policy objectives: 

Located in municipality with Municipal Revitalization Index greater than 50$1,000
Greater than necessary capital investment in R&D facility$1,000 to $5,000 ($1,000 per 40 percent increase above minimum investment)
251 to 400 new jobs$500
401 to 600 new jobs$750
601 to 800 new jobs$1,000
801 to 1,000 new jobs$1,250
More than 1,000 new jobs$1,500
Funded training program$500 ($1,000 if training is performed by State school within 10 miles of Qualified Business Facility)
Applicant is a small business$500
Salaries above county median$250 to $1,500 ($250 per 35 percent increase over county median)
Located in Qualified Incentive Tract$500
Company in NJEDA targeted industry$500
Project includes qualified incubator facility$500
Applicant enters Labor Harmony Agreement$2,000
Access to child care$1,000
Project includes prisoner re-entry program$500
Exceeds LEED Silver certification$250
Exceeds LEED Gold certification$500
On-site Solar exceeds 50 percent of electricity needs$500
Business in targeted industry AND conducting full-time collaborative agreement with a college or university$1,000
Marine terminal in certain areas of South Jersey$1,500
Located in Opportunity Zone$1,000
One-third or more of Governing Board is diverse$2,000

Government Restricted Municipalities

Atlantic City



Enhanced Area


East Orange



Jersey City

Newark City

New Brunswick




Distressed Municipalities

Asbury Park City

Mount Holly Township

Bayonne City

Neptune City Borough

Belleville Township

Neptune Township

Bloomfield Township

North Bergen Township

Brick Township

Old Bridge Township

Bridgeton City

Orange City

Carteret Borough

Pemberton Township

Cliffside Park Borough

Penns Grove Borough

Clifton City

Pennsauken Township

Garfield City

Perth Amboy City

Glassboro Borough

Phillipsburg Town

Gloucester City

Plainfield City

Gloucester Township

Pleasantville City

Hackensack City

Rahway City

Harrison Town

Roselle Borough

Hillside Township

Salem City

Irvington Township

Secaucus Town

Kearny Town

Union City

Lakewood Township

Vineland City

Lindenwold Borough

Weehawken Township

Lodi Borough

West New York Town

Long Branch City

Willingboro Township

Millville City

Winslow Township

Monroe Township

Woodbridge Township

Montclair Township

Woodbury City