Financing and incentives

Programs to provide businesses with low-interest financing through bonds, loan participations, loan guarantees, and variable or fixed-rate loans.


Projects / Companies Assisted

$249.1 m

NJEDA Assistance in 2019


Estimated New Jobs created in 2019

Financing and incentives

The NJEDA has a long history of supporting businesses of all sizes to grow and invest in New Jersey. We offer a broad portfolio of economic development tools such as: jobs-based tax credits, real estate and development tax credits, community development programs, main street technical assistance, innovation economy programs, clean energy programs, and low-interest business financing (including bonds, loan participations, loan guarantees and variable/fixed-rate loans).  Click the programs below to learn more. 

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 ERA creates a package of tax incentive, financing, and grant programs that will address the ongoing economic impacts of the COVID-19 pandemic and build a stronger, fairer New Jersey economy.

Programs outlined in the law include:

  • Tax credits to incentivize job creation and capital investment;
  • Investment tools to support and strengthen New Jersey’s innovation economy;
  • Tax credits to strengthen New Jersey’s communities including revitalization of brownfields and preservation of historic properties;
  • Financial resources for small businesses, including those impacted by the COVID-19 pandemic;
  • Support for new supermarkets and healthy food retailers in food desert communities;
  • Additional tax credits for film and digital media.


Bond Financing
CDFI Loan to Lender Program
Direct Loans
Economic Redevelopment and Growth (ERG) (ERA-update)
Emerge Program (NEW)
Film and Digital Media Tax Credit Program
Main Street Micro Business Loan Program
NJ Arts and Innovation Festival Challenge Grant
Premier CDFI Program
Premier Lender Program
Salem County Energy Sales Tax Exemption
Sales and Use Tax Exemption Program
Small Business Bonding Readiness Assistance Program
Small Business Fund
Small Business Improvement Grant
Small Business Lease Grant
Urban Enterprise Zone (UEZ) Manufacturers Energy Sales Tax Exemption
Wineries and Vineyards

Success Stories

Related news