NJEDA Defers Pre-Registration for Phase 2 of Small Business Emergency Assistance Loan Program
TRENTON, N.J. (February 5, 2020) – The New Jersey Economic Development Authority (NJEDA) today announced that pre-registration for Phase 2 of the Small Business Emergency Assistance Loan Program will be deferred. Pre-registration was scheduled to open on Wednesday, February 10, 2021. The Authority has not announced a new date for the program.
The Authority deferred the launch of the program to accommodate the rollout of additional federal Paycheck Protection Program (PPP) financing for small businesses, which had not been announced when the NJEDA was preparing to launch the Small Business Emergency Assistance Loan Program. To date, more than $2.1 billion has already been loaned to New Jersey businesses through the PPP. The deferral will allow the NJEDA to tailor the Emergency Assistance Loan Program to address gaps in the availability of federal financing and more effectively meet businesses’ unique needs.
The NJEDA will share additional updates on the Emergency Assistance Loan Program and other COVID-19 relief resources as they become available. Information will also be shared on the COVID-19 Business Hub: https://cv.business.nj.gov.
About the New Jersey Economic Development Authority
The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.
June 30, 2022
CSIT to Open Maternal and Infant Health R&D Seed Grant Program Applications on July 1
Trenton, N.J. – The New Jersey Commission on Science, Innovation, and Technology (CSIT) will open applications for its$750,000 Maternal and Infant Health Research and Development (R&D) Seed Grant Program on Friday, July 1.
June 16, 2022
NOTICE OF CCRC BOARD MEETING
Please be advised that the Capital City Redevelopment Corporation Board Meeting is scheduled for 11:00 am, Tuesday, June 21, 2022. The Members will convene via conference call only.
June 8, 2022
NJEDA Board Broadens State’s Support of Film and Digital Media Production
TRENTON, N.J. – The NJEDA Board approved at its June Board meeting proposed amendments to the New Jersey Film and Digital Tax Credit rules, with a goal of attracting more production companies to film and create digital media content in New Jersey and to encourage the development of large-scale studios in the state.