• Have good credit history with a history of on-time payments
• Have at least a 650 credit score
• Pass a capacity test to show you can manage the loan payments
• Submit a $100 application fee
• Pledge a collateral for the loan
• Final approval is contingent on the credit committee

• Have good credit history with a history of on-time payments
• Have at least a 650 credit score
• Pass a capacity test to show you can manage the loan payments
• Submit a $100 application fee
• Final approval is contingent on the credit committee

• Entities who are developing new, or building upon existing Registered Apprenticeship programs
• Any employer, trade association, labor organization, and others providing apprenticeship programs for their industry
• While all industries are encouraged to apply, preference will be given to targeted sectors including: Advanced Manufacturing Bio Pharma/Life Sciences Energy, Utilities and Infrastructure Retail, Hospitality and Tourism Financial Services/Insurance Transportation, Logistics and Distribution Information Technology/Cyber Security, Renewable Energy, Healthcare, Other Science, Technology, Engineering, and Mathematics (STEM) related sectors/occupations Construction & Building Trades Public Service.

• Businesses, individuals, or municipalities in New Jersey performing remediation or cleanup of contaminated and underutilized sites

• The product is in the beta (not alpha) stage of development and has been created with input from clients or potential clients
• The business has some “proof of concept” revenue
• Typical pre-money valuation is below $5M
• Typically seeking to raise $250,000-$2M
• Company must have annual run-rate revenue of over $1M and over 40% of gross margin

• Public, workplaces, and multi-unit residential dwellings are eligible
• Charging stations can't be placed in private residential dwellings

Nonprofit, for profit, and home-based micro businesses interested in applying for the Main Street Micro Business Loan must meet the following eligibility requirements:

• Must have less than $1.5M in annual gross revenue for the most current fiscal year (to the extent the business has annual revenues)
• Must have a credit score of at least a 600 from at least one owner to be eligible
• Must have no more than 10 full-time employees (All employees must work in New Jersey as evidenced by WR-30 filings. There is no minimum employee number and sole proprietors are eligible.)
• Must be formed at least six months prior to the date of application, as evidenced by the date of formation/incorporation

• Businesses in accelerator programs and graduates of approved accelerators

• The NJ Brownfield Assistance Center @ NJIT provides the tools and resources necessary to reclaim and redevelop brownfield sites

• Must be a commercial building owner or a commercial tenant with landlord/building owner approval for the proposed project
• Must have a valid New Jersey tax clearance certificate no older than 180 days at the time of application approval
• Must be in good standing with the New Jersey Department of Labor and Workforce Development (DOL) and the New Jersey Department of Environmental Protection (DEP)
• Must demonstrate proof of funding/financing for the estimated project costs plus a 15% project contingency following grant award approval and before finalizing the grant agreement
• The building must be located in Newark, Edison, or Atlantic City
• Must meet building occupancy classifications: Mercantile Group M, Assembly Group A-2, or Business Group B per the New Jersey Building Code
• All work must comply with NJ prevailing wage and affirmative action requirements
• Total eligible project costs must be greater than or equal to $100,000 (no upper limit)
• Projects must not involve new construction or enlargements (adding square footage)
• Must switch 75% or more of building space heating loads from fossil fuel-based systems to non-combustion-based systems with low to zero direct operating emissions
• Must replace 75% or more of existing high global warming potential (GWP) refrigerants with lower GWP alternatives
• The 75% switching requirement applies only to the portions of the building within the tenant’s lease or the building systems affecting the tenant’s space