NJEDA has expanded the Bonding Readiness Assistance Program to aid more businesses. In addition to the African American Chamber, we have recently added the Statewide Hispanic Chamber as we look to increase the number of businesses impacted by the Program. The next cohorts for the Program are starting in September 2022!
The Small Business Bonding Readiness Assistance Program provides a comprehensive series of classes, workshops, and strategic counseling sessions covering a variety of topics relevant to small businesses in all sectors, including bonding and insurance, business development, financial presentation, construction and contract law, construction management, estimating, and credit. At the end of the program, all participating businesses receive a Bonding Readiness Segment Report, which provides an in-depth assessment of their strengths and weaknesses to help them plan for the future.
As of July 2021, 91 small, minority, and women-owned
businesses have participated in the Small Business Bonding
Readiness Assistance Program and 46 of them have qualified for
over $33.0M in surety bonds.
Click here to go to the African American Chamber of Commerce of New Jersey (AACCNJ) for more information
Click here to go to the Statewide Hispanic Chamber of Commerce of New Jersey (SHCCNJ) for more information