NJEDA Announces First Ida/Henri Business Assistance Grant Program Awards
TRENTON, N.J. (September 29, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced the first approvals under the Ida/Henri Business Assistance Grant Program. The NJEDA anticipates approving relief awards for hundreds of additional businesses and nonprofits in the coming weeks.
Created in early September to support communities that were impacted by the remnants of Hurricanes Ida and Henri, the Ida/Henri Business Assistance Grant Program is a $10.5 million program that provides grants of $1,000 to $5,000 to businesses and nonprofits that were damaged by the extreme weather that passed through New Jersey in late August and early September.
Grants awarded through the program are provided in the form of reimbursement of August rent or mortgage payments.
To ensure grants reach businesses in the hardest hit communities, including communities of color, one-third of the funding available through the program is targeted to businesses with a primary business location within a census tract that was designated as eligible to be selected as an Opportunity Zone.
Applications for the Ida/Henri Business Assistance Grant Program were open from September 17th through September 24th. The NJEDA is currently reviewing all submitted applications and distributing funds to eligible businesses and organizations.
About the New Jersey Economic Development Authority
To learn more about NJEDA resources for businesses call NJEDA Customer Care at 609-858-6767 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.
###
Related Content
April 15, 2024
NJEDA Establishes New Jersey Green Bank to Advance Climate Goals
TRENTON, N.J. (April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.
April 12, 2024
NJEDA Board Approves Anchor Tenants for Maternal and Infant Health Innovation Center
TRENTON, N.J. (April 12, 2024) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved three anchor tenants to lead the Maternal and Infant Health Innovation Center (MIHIC) in Trenton.
April 11, 2024
NJEDA Approves Creation of $7M Green Workforce Training Grant Challenge
TRENTON, N.J. (April 11, 2024) – The New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Green Workforce Training Grant Challenge.