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Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.
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Sales and Use Tax Exemption Program

Rolling Application

Deadline:

Start Date:

Eligibility

  • Companies must have 1,000 or more employees and relocate at least 500 workers to a new or substantially rehabilitated facility, or
  • Life sciences or manufacturing companies relocating 250 or more employees

Benefits

Businesses have the ability to purchase machinery, equipment, furniture, fixtures, and building materials without New Jersey sales tax.

All Industries
Tax Exemption
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School and Small Business Energy Efficiency Stimulus Program

First Come, First Serve

Deadline:

Start Date:

Eligibility

Any small New Jersey business with the following can apply:

Benefits

Each program provides grants to cover 75% of eligible project costs, with a cap of up to $500,000 per business, per program with two tiers of incentive caps.

  • Tier 1 provides $500,000 per entity combined HVAC and Plumbing & Appliances Programs if the business is in a municipality with less than 50,000 residents
  • Tier 2 provides $500,000 per entity per HVAC and per Plumbing & Appliance Programs if the business is in a municipality with more than 50,000 residents

Educational Services
Other Services
Real Estate and Leasing
Clean Energy
Construction
Grant
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Small Business Fund

Rolling Application

Deadline:

Start Date:

Eligibility

  • Small businesses must be in operation for at least 1 full year and nonprofits in operation for at least 3 full years
  • The business or nonprofit must not have more than $3M in total revenue

Benefits

Businesses receive financing up to $500,000.

All Industries
Loan
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Small Business Improvement Grant

First Come, First Serve

Deadline:

Start Date:

Eligibility

  • Small businesses and nonprofits in the process of making improvements to their business with a minimum expense of $5,000
  • Rent or own and operate from a facility
  • Meet SBA definition of a small business

Benefits

Grants are equal to 50% of eligible total project costs up to $50,000.

All Industries
Grant
Deadline Approaching
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Small Business Lease Grant

First Come, First Serve

Deadline:

Start Date:

Eligibility

Small businesses and nonprofits must be entering a new market-rate lease, lease amendment, or lease extension for at least a 5-year term that includes at least 250 square feet of street-level space.

Benefits

Business receive two grant awards of 20% of the annual lease payment.

All Industries
Grant
Deadline Approaching
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Tax Credit for Hiring Veterans and Other Target Groups

Rolling Application

Deadline:

Start Date:

Eligibility

The business must be registered in New Jersey.

Benefits

The tax credit ranges from $2,400 to up to $9,600 per employee hired.

All Industries
Tax Credit
Deadline Approaching
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The Federal Bonding Program: Assurance for Hiring Risk Workers

Rolling Application

Deadline:

Start Date:

Eligibility

The business must be registered in New Jersey.

Benefits

Businesses receive up to $25,000 in a federal bond insuring employers against theft, forgery, larceny, or embezzlement for a term of 6 months.

All Industries
Hiring & Employee Training Support
Deadline Approaching
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The Small Business Bonding Readiness Assistance Program

First Come, First Serve

Deadline:

Start Date:

Eligibility

Small businesses, with particular emphasis on minority- and women-owned businesses, may apply.

Benefits

Program includes a comprehensive series of classes, workshops, and strategic counseling sessions covering a variety of topics relevant to small businesses in all sectors.

All Industries
Technical Assistance
Deadline Approaching
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Upskill: Free Incumbent Worker Training Programs

Rolling Application

Deadline:

Start Date:

Eligibility

Any business can apply if it has existing employees who can be trained in a new skill for current and future workforce demands.

Benefits

Employers can receive grants of up to $100,000.

Life Sciences
Technology
Clean Energy
Educational Services
Manufacturing
Grant
Deadline Approaching
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Urban Enterprise Zone Manufacturers Energy Sales Tax Exemption

First Come, First Serve

Deadline:

Start Date:

Eligibility

  • UEZ-certified manufacturers with at least 250 full-time employees
  • At least 50% of employees must be involved in the manufacturing process
  • The energy and utility services must be consumed exclusively at the facility

Benefits

Businesses receive a sales tax exemption for the purchase of electricity and natural gas for use at the facility.

Manufacturing
Tax Exemption
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