NJEDA Programs

  • Small Business Improvement Grant:
  • The Small Business Improvement Grant offers reimbursement for costs associated with making building improvements or purchasing new furniture, fixtures, and equipment
    • 50% of eligible total project costs up to $50,000
    • For-profit and nonprofit businesses
    • The minimum project cost of $5,000
    • Applicant must rent or own facility being improved
https://www.njeda.com/small-business-improvement-grant/
  • Main Street Micro Business Loan:
  • Loans up to $50,000
  • 10 years term
  • 2% fixed
  • payments start on year 2
  • Balance is forgiven after 5 years of on-time payments
https://www.njeda.com/microbusinessloan/