Access Loan Program
New Jersey Economic Development Authority
Cash-flow-based NJEDA lending with less emphasis on hard collateral.
Participation or guarantee up to $1 million (fixed assets) or $500,000 (working capital); direct loan up to $500,000 (fixed assets) or $250,000 (working capital)
Confirm with agencyLoanHousing, Community and Economic Development
The catch: Job commitment and a higher 1.25x debt service coverage ratio than other NJEDA products.
Next deadline: Varies — check official page · Standing loan product; no application window
Eligibility, how to apply, match, contact
- Eligibility
- Borrowers must commit to create or retain one full-time job per $65,000 of NJEDA exposure within two years and meet a 1.25x debt service coverage ratio; loan-to-value may exceed 90% on equipment and 100% on real estate depending on other underwriting factors.
- How to apply
- Direct application: apply to NJEDA, alone or with a participating lender.
- Applicant types
- Business
- Award size
- Participation or guarantee up to $1 million (fixed assets) or $500,000 (working capital); direct loan up to $500,000 (fixed assets) or $250,000 (working capital)
- Funding source
- State
- Contact
- name: NJEDA Customer Care; email: [email protected]; tel: (844) 965-1125;
Angel Investor Tax Credit Program
New Jersey Economic Development Authority
Refundable tax credit for investors in New Jersey emerging technology businesses.
35% of the qualified investment (40% with bonus)
Confirm with agencyTax creditScience, Technology, and Research & DevelopmentHousing, Community and Economic Development
The catch: Application must be filed within six months of the investment date with no exceptions; both investor and company sections plus the non-refundable fee must be in by then. Approved investors must file a New Jersey tax return for the approval year even without other NJ nexus.
Next deadline: Varies — check official page · Standing program; apply within six months of each investment
Eligibility, how to apply, match, contact
- Eligibility
- The emerging technology business must employ fewer than 150 people, at least 75% of whom work in New Jersey. Any investor in a qualifying business may apply.
- How to apply
- Direct application: joint online application (investor and technology company sections) through NJEDA's application system.
- Applicant types
- Individual, Business
- Award size
- 35% of the qualified investment (40% with bonus)
- Funding source
- State
- Contact
- email: [email protected];
Angel Match Program
New Jersey Economic Development Authority
Matches angel investment in early-stage NJ tech companies with an NJEDA convertible note.
$100,000 to $1,000,000, matched 1:1 with outside investment
Confirm with agencyLoanScience, Technology, and Research & DevelopmentHousing, Community and Economic Development
The catch: This is a convertible note with warrants, not a grant; the outside investment must close within 60 days of NJEDA's commitment letter and the company must stay located in New Jersey.
Next deadline: Varies — check official page · Standing program; no application window published
Eligibility, how to apply, match, contact
- Eligibility
- Early-stage company in a targeted industry, located in commercial, co-working or incubator space in New Jersey, with at least 50% of full-time employees in New Jersey and at least two founders. Businesses that derive revenue from marijuana-related activity are ineligible because of the federal funding source.
- How to apply
- Direct application: apply to NJEDA's Technology Innovation team; email [email protected] to speak with a team member.
- Applicant types
- Business
- Award size
- $100,000 to $1,000,000, matched 1:1 with outside investment
- Funding source
- Federal
- Contact
- email: [email protected]; email: [email protected];
Aspire Program
New Jersey Economic Development Authority
Gap-financing tax credits for real estate development projects that are not feasible without an incentive.
50% to 85% of eligible costs, capped at $60 million to $120 million depending on location
Confirm with agencyTax creditHousing, Community and Economic Development
The catch: Developer must put in at least 20% equity; application fees are non-refundable; applicants tied to a NJ Cannabis Regulatory Commission license are declined without a fee refund.
Next deadline: Varies — check official page · Standing program; new applications paused since July 23, 2026; NJEDA expects to reopen in fall 2026 with revised criteria
Applicant tip: NJEDA advises consulting Aspire staff before starting an application because eligibility rules are nuanced and fees are non-refundable.
Eligibility, how to apply, match, contact
- Eligibility
- Project must be in a designated Incentive Area, show a financing gap or below-market return that makes it infeasible without the award, include developer equity of at least 20% of total cost, produce a net positive benefit to the State, and meet residential cost thresholds where applicable. Most cannabis license and certification holders are ineligible.
- How to apply
- Direct application: through NJEDA's online application portal once the pause ends; contact [email protected] before applying.
- Applicant types
- Business
- Award size
- 50% to 85% of eligible costs, capped at $60 million to $120 million depending on location
- Funding source
- State
- Contact
- email: [email protected];
Brownfields Impact Fund
New Jersey Economic Development Authority
Low-interest loans to fill funding gaps in brownfield cleanup.
Up to $350,000
OpenLoanEnvironment & WaterHousing, Community and Economic Development
The catch: Responsible parties cannot borrow; applicants get a 45-business-day remedy period to cure incomplete applications.
Next deadline: Rolling · Rolling, first come, first served
Eligibility, how to apply, match, contact
- Eligibility
- Site purchasers or owners (including local government redevelopers) with site control or a path to it, a letter of support from the mayor, and no responsibility for causing or contributing to the contamination.
- How to apply
- Direct application: online at application.njeda.com (Brownfield Impact Fund).
- Applicant types
- Business, Nonprofit, Public Agency, Higher Education
- Award size
- Up to $350,000
- Contact
- email: [email protected];
Brownfields Redevelopment Incentive Program
New Jersey Economic Development Authority
One-time transferable tax credit for brownfield remediation, abatement and demolition costs.
Varies — check official page
Confirm with agencyTax creditEnvironment & WaterHousing, Community and Economic Development
The catch: No applications until new rules are adopted; once open, credits are awarded through a rolling process.
Next deadline: Varies — check official page · Not currently accepting applications; new rules expected in 2026, after which a rolling application will be posted
Eligibility, how to apply, match, contact
- Eligibility
- The project must be on a brownfield, have a letter of support from the municipal governing body, and meet the program's remaining criteria; award percentages depend on costs and location.
- How to apply
- Direct application: NJEDA will post the new application on the program page after the rules are issued; sign up there for updates.
- Applicant types
- Business
- Award size
- Varies — check official page
- Funding source
- State
- Contact
- email: [email protected];
Cannabis Business Development (CBD) Grant
New Jersey Economic Development Authority
One-time $75,000 reimbursement for early-stage cannabis businesses' compliance and working capital costs.
$75,000 (one-time reimbursement)
OpenGrantHousing, Community and Economic Development
The catch: Reimbursement only: you must document $75,000 of eligible expenses already incurred.
Next deadline: Rolling · Rolling, first come, first served; three years from launch or until funds are exhausted
Eligibility, how to apply, match, contact
- Eligibility
- Active annual license digital card from the NJCRC Office of Licensing in an eligible class, plus $75,000 in eligible expenses with documentation.
- How to apply
- Direct application: online through the APPLY HERE link on the program page.
- Applicant types
- Business
- Award size
- $75,000 (one-time reimbursement)
- Funding source
- State
- Disbursement
- Reimbursement(s)
- Contact
- email: [email protected];
Cultural Arts Facilities Expansion (CAFE) Program
New Jersey Economic Development Authority
Transferable tax credits for large capital projects at arts and cultural venues.
Up to 100% of eligible costs; maximum award $75 million (minimum project size $5 million)
Confirm with agencyTax creditLibraries and ArtsHousing, Community and Economic Development
The catch: Credits are awarded competitively and must be sold to raise cash; minimum project size is $5 million.
Next deadline: Varies — check official page · Competitive rounds; Rounds 1 and 2 under review; reopening decision pending
Eligibility, how to apply, match, contact
- Eligibility
- A cultural arts institution that will own or lease space in, and operate, the cultural arts facility, plus the program's other project criteria.
- How to apply
- Direct application: competitive application to NJEDA when a round is open.
- Applicant types
- Nonprofit
- Award size
- Up to 100% of eligible costs; maximum award $75 million (minimum project size $5 million)
- Funding source
- State
- Contact
- email: [email protected];
Emerge Program
New Jersey Economic Development Authority
Per-job tax credits for projects that invest private capital and create or retain good-paying jobs in New Jersey.
$500 to $4,000 per new job per year in base credits; up to $8,000 per job with bonuses
Confirm with agencyTax creditHousing, Community and Economic DevelopmentEmployment, Labor & Training
The catch: The award must be a material factor in the hiring decision; jobs, wage withholding and location commitments are tracked for 1.5 times the eligibility period.
Next deadline: Varies — check official page · Standing program through March 1, 2029; two-part process (pre-application, then full application)
Eligibility, how to apply, match, contact
- Eligibility
- Projects generally must create at least 35 new full-time jobs (lower for targeted industries or small businesses), be in an eligible incentive location, meet minimum capital investment, deliver a 200%-400% net positive economic benefit, keep 80% of incented employees' work time in New Jersey, and commit to stay at the facility for 1.5 times the eligibility period. Most cannabis license and certification holders are ineligible.
- How to apply
- Direct application: submit the Expression of Interest form, then a pre-application and full application through NJEDA's online portal.
- Applicant types
- Business
- Award size
- $500 to $4,000 per new job per year in base credits; up to $8,000 per job with bonuses
- Funding source
- State
- Contact
- email: [email protected];
Food Desert Relief Supermarket Tax Credit Program
New Jersey Economic Development Authority
Tax credits to open and sustain supermarkets and grocery stores in designated Food Desert Communities.
Varies — check official page
Confirm with agencyTax creditFood & NutritionDisadvantaged CommunitiesHousing, Community and Economic Development
The catch: Developer and operator applications must be reviewed and approved together for one store to get both credits; rehabilitation must hit square-footage and major-system thresholds.
Next deadline: Varies — check official page · Currently accepting applications; up to $40 million in credits per year
Eligibility, how to apply, match, contact
- Eligibility
- Store must be the first or second newly built or substantially rehabilitated supermarket or grocery store approved in a designated Food Desert Community, have at least 16,000 square feet with 80% devoted to food and related products, and devote at least 10% of retail space to fresh or frozen produce.
- How to apply
- Direct application: online through the APPLY HERE link on the program page.
- Applicant types
- Business
- Award size
- Varies — check official page
- Funding source
- State
- Geography
- Designated Food Desert Communities
Historic Property Reinvestment Program
New Jersey Economic Development Authority
State tax credits that leverage the federal historic tax credit for rehabilitating historic properties.
Varies — check official page
OpenTax creditHousing, Community and Economic DevelopmentLibraries and Arts
The catch: Starting construction before applying (outside allowable exceptions) disqualifies the project; declined applicants do not get the fee back.
Next deadline: Rolling · Rolling; awards in order of application
Eligibility, how to apply, match, contact
- Eligibility
- Projects must be rehabilitations that are not economically feasible without the credit, show a financing gap, include at least 20% business-entity equity, not start construction before applying (with limited exceptions) and meet minimum rehabilitation costs; residential projects need at least four rental units. Gap and equity tests are waived in Government Restricted Municipalities or for rehabilitation under $5 million. Most cannabis license holders are ineligible.
- How to apply
- Direct application: online through the Apply Here button on the program page.
- Applicant types
- Business
- Award size
- Varies — check official page
- Funding source
- State
- Contact
- email: [email protected];
Main Street Acquisition Support Grant
New Jersey Economic Development Authority
Reimburses small businesses for closing costs on a commercial property they bought to operate from.
Up to $50,000
Confirm with agencyGrantHousing, Community and Economic Development
The catch: Reimbursement only, after closing; the purchase must be financed by a conventional lender, and the grant cannot be used before the real estate closing.
Next deadline: Varies — check official page · Currently accepting applications; apply within one year of closing
Eligibility, how to apply, match, contact
- Eligibility
- Small businesses (for-profit or nonprofit) meeting the SBA size definition whose commercial property closing took place after October 1, 2024; apply within one year of closing. One grant per EIN for one location.
- How to apply
- Direct application: online through NJEDA's program portal (Apply Here on the program page).
- Applicant types
- Business, Nonprofit
- Award size
- Up to $50,000
- Funding source
- State
- Disbursement
- Reimbursement(s)
- Contact
- email: [email protected];
New Jersey Asset Activation Planning Grant
New Jersey Economic Development Authority
Planning grants to show the viability of projects that put underused public assets to work.
Up to $100,000
Confirm with agencyGrantHousing, Community and Economic Development
The catch: Planning and analysis only, not construction.
Next deadline: Varies — check official page · Recurring rounds; Round 4 fully awarded; not currently accepting applications
Eligibility, how to apply, match, contact
- Eligibility
- Public, private or non-profit entities proposing early-stage planning for projects that activate under-utilized public assets.
- How to apply
- Direct application: online through NJEDA when a new round opens; check the program page for updates.
- Applicant types
- Public Agency, Business, Nonprofit
- Award size
- Up to $100,000
- Funding source
- State
New Jersey Clean Energy Loans (NJ CELs)
New Jersey Economic Development Authority
Co-lending with private lenders for small-business clean energy projects.
$250,000 to $10 million (NJEDA share)
Confirm with agencyLoanEnergyHousing, Community and Economic Development
The catch: NJEDA funds no more than half of the loan, so a private lender must commit first; funding may run out before new investments are made.
Next deadline: Varies — check official page · Accepting applications subject to available funding
Eligibility, how to apply, match, contact
- Eligibility
- Fewer than 750 employees, located in New Jersey, good standing with Labor and DEP, valid tax clearance, a clean energy project using technology already demonstrated, a term sheet or similar from an eligible lender, NJEDA share of 50% or less, not enrolled in another state SSBCI program, and a score of at least 50 of 100.
- How to apply
- Direct application: complete the Eligibility Self-Assessment, then apply online through the program page.
- Applicant types
- Business
- Award size
- $250,000 to $10 million (NJEDA share)
- Funding source
- Federal
- Contact
- email: [email protected];
New Jersey Innovation Fellows Program
New Jersey Economic Development Authority
Income-replacement grants and mentorship for teams of first-time startup founders.
$200,000 base grant; up to $400,000 with bonuses
OpenGrantScience, Technology, and Research & DevelopmentHousing, Community and Economic Development
The catch: Paid quarterly over two years only while the team meets compliance milestones.
Next deadline: Dec 4, 2026 · Cohort-based; Cohort III application window September 9 – December 4, 2026 (5 PM)
Eligibility, how to apply, match, contact
- Eligibility
- Teams of no fewer than three individuals whose venture operates in New Jersey's Targeted Industries; each team member receiving award income must have paid NJ gross income tax within the 60 days before applying.
- How to apply
- Direct application: online through NJEDA's program application portal during the cohort window.
- Applicant types
- Individual
- Award size
- $200,000 base grant; up to $400,000 with bonuses
- Funding source
- State
New Jersey Lending for Equity, Access, and Financing (NJ LEAF)
New Jersey Economic Development Authority
Pilot loans for licensed recreational cannabis cultivators, manufacturers and testing labs.
$100,000 to $1.5 million (fixed assets); $100,000 to $500,000 (working capital)
OpenLoanHousing, Community and Economic Development
The catch: Equipment loans capped at 90% loan-to-value; rolling stock, soft costs, inventory and land purchases are excluded.
Next deadline: Rolling · Rolling, first come, first served; pilot runs three years from launch
Eligibility, how to apply, match, contact
- Eligibility
- Holder of a valid annual recreational license digital card from the NJ Cannabis Regulatory Commission as a Class 1 Cultivator, Class 2 Manufacturer or recreational testing laboratory.
- How to apply
- Direct application: online through NJEDA's NJ LEAF application; applications are reviewed on a rolling, first-come, first-served basis.
- Applicant types
- Business
- Award size
- $100,000 to $1.5 million (fixed assets); $100,000 to $500,000 (working capital)
- Funding source
- State
- Contact
- email: [email protected];
New Jersey Loan Expansion and Network Development (NJ LEND)
New Jersey Economic Development Authority
Larger NJEDA loans for owner-occupied real estate, equipment and working capital.
$2,000,000.01 to $5 million (fixed assets); $750,000.01 to $1 million (working capital); refinancing capped at $2.5 million
Confirm with agencyLoanHousing, Community and Economic Development
The catch: Collateral and job commitments required; refinancings are capped at $2.5 million.
Next deadline: Varies — check official page · Three-year pilot; no application window
Eligibility, how to apply, match, contact
- Eligibility
- New Jersey small businesses in operation at least two full years (nonprofits three) with no more than 750 employees, a 1.1x global debt service coverage (1.0x for nonprofits), fixed-asset collateral, and a commitment to create or retain one job per $65,000 of NJEDA exposure. Home-based businesses are ineligible.
- How to apply
- Direct application: submit the Financing Interest Form, then apply online through NJEDA.
- Applicant types
- Business, Nonprofit
- Award size
- $2,000,000.01 to $5 million (fixed assets); $750,000.01 to $1 million (working capital); refinancing capped at $2.5 million
- Funding source
- State
- Contact
- email: [email protected];
Next New Jersey Manufacturing Program
New Jersey Economic Development Authority
Transferable tax credits for manufacturers that add jobs and capital investment in New Jersey.
Up to $150 million
OpenTax creditHousing, Community and Economic DevelopmentEmployment, Labor & Training
The catch: Award is capped at 25% of capital investment and tied to the jobs and investment you commit to; labor compliance and county median salary requirements apply.
Next deadline: Mar 1, 2029 · Open since September 25, 2025 until all funds are committed or March 1, 2029, whichever comes first
Eligibility, how to apply, match, contact
- Eligibility
- The qualified business facility must be primarily engaged in manufacturing; refurbishing, repair, retail, wholesale, packaging, software development, resource extraction, waste incineration and agriculture do not count.
- How to apply
- Direct application: online through NJEDA's program portal; an awards calculator is on the program page.
- Applicant types
- Business
- Award size
- Up to $150 million
- Funding source
- State
- Contact
- email: [email protected];
- Statutory authority
- Next New Jersey Manufacturing Program Act, P.L. 2025, c. 123
NJ Cool Program
New Jersey Economic Development Authority
Grants for building retrofits that cut emissions in Overburdened Communities.
$50,000 to $1 million
Confirm with agencyGrantEnergyDisadvantaged CommunitiesEnvironment & Water
The catch: Reimbursement of construction costs only; costs outside the approved scope are not covered.
Next deadline: Varies — check official page · Phase 2 approved; application opening date not yet announced; once open, first-completed, first-served review
Eligibility, how to apply, match, contact
- Eligibility
- Commercial, industrial or institutional building owners or equivalent tenants doing retrofit construction in existing buildings located in Overburdened Community or Adjacent Community blocks mapped on DEP's EJMAP tool.
- How to apply
- Direct application: online through NJEDA once Phase 2 opens; check the program page for the opening date.
- Applicant types
- Business, Nonprofit, Public Agency, School District, Higher Education
- Award size
- $50,000 to $1 million
- Funding source
- State
- Disbursement
- Reimbursement(s)
- Geography
- Overburdened Community and Adjacent Community census blocks
- Contact
- email: [email protected];
NJ Film & Digital Media Tax Credit Program
New Jersey Economic Development Authority
Transferable tax credits for film and digital media production spending in New Jersey.
30% of qualified film expenses (up to 37% with bonuses); 20% for digital media
Confirm with agencyTax creditLibraries and ArtsHousing, Community and Economic Development
The catch: Credits apply only to qualified spending through New Jersey vendors, and projects must hit the spending floors to qualify.
Next deadline: Varies — check official page · Standing program; photography must begin within 180 days of application
Eligibility, how to apply, match, contact
- Eligibility
- Film projects must spend at least 60% of total production expenses and at least $1 million through New Jersey vendors, begin photography within 180 days of applying, and carry an approved 'Filmed in New Jersey' credit. Digital media projects must spend at least $2 million through New Jersey vendors with at least 50% of qualified expenses on wages of New Jersey full-time employees.
- How to apply
- Direct application: apply to NJEDA; the program page lists eligibility and award rules, and NJEDA Customer Care can direct applicants to the application.
- Applicant types
- Business
- Award size
- 30% of qualified film expenses (up to 37% with bonuses); 20% for digital media
- Funding source
- State
- Geography
- Statewide; bonus for vendors in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Mercer and Salem counties
- Contact
- name: NJEDA Customer Care; email: [email protected]; tel: (844) 965-1125;
- Statutory authority
- Economic Recovery Act of 2020, sections 110-111
NJ RISE Program
New Jersey Economic Development Authority
Grants to out-of-state employers that reassign New Jersey-resident employees to a New Jersey location.
Up to $500,000 per business (EIN)
OpenGrantHousing, Community and Economic DevelopmentEmployment, Labor & Training
The catch: Grant is based on actual NJ income tax withheld from the reassigned employees over one tax year.
Next deadline: Rolling · Rolling until funding is exhausted
Eligibility, how to apply, match, contact
- Eligibility
- Business principally located in a convenience-of-the-employer state, with 25 or more U.S. full-time employees, that reassigns New Jersey residents to a New Jersey location.
- How to apply
- Direct application: online through the APPLY HERE button on the program page.
- Applicant types
- Business
- Award size
- Up to $500,000 per business (EIN)
- Funding source
- State
NJ Zero Emission Vehicle (ZEV) Financing
New Jersey Economic Development Authority
Low-interest loans for commercial fleets switching to zero-emission vehicles.
$50,000 to $500,000
Confirm with agencyLoanTransportationEnergy
The catch: It is a loan; the vehicle must be paid in full for the borrower to get clear title.
Next deadline: Varies — check official page · New applications temporarily paused while NJEDA evaluates submitted applications and demand
Eligibility, how to apply, match, contact
- Eligibility
- Commercial or industrial organizations registered in New Jersey that meet NJ ZEV underwriting criteria, are in good standing with Labor and DEP, and provide a current tax clearance certificate.
- How to apply
- Direct application: online through NJEDA when applications resume; reviewed on a rolling basis.
- Applicant types
- Business
- Award size
- $50,000 to $500,000
- Funding source
- State
- Contact
- email: [email protected];
NJEDA Direct Loans
New Jersey Economic Development Authority
Fixed-rate NJEDA loans when conventional financing is not available.
Up to $2 million (fixed assets; up to $3 million in targeted urban areas); up to $750,000 (working capital)
Confirm with agencyLoanHousing, Community and Economic Development
The catch: Job commitment and collateral required; other credit criteria apply.
Next deadline: Varies — check official page · Standing loan product; no application window
Eligibility, how to apply, match, contact
- Eligibility
- In operation at least two years, 1.1x debt service coverage (1.0x for nonprofits), fixed assets to pledge, and one new or retained full-time job per $65,000 of NJEDA exposure within two years. Home-based businesses are ineligible.
- How to apply
- Direct application: submit the Financing Interest Form, then apply online through NJEDA.
- Applicant types
- Business, Nonprofit
- Award size
- Up to $2 million (fixed assets; up to $3 million in targeted urban areas); up to $750,000 (working capital)
- Funding source
- State
- Contact
- email: [email protected];
- Statutory authority
- P.L.2017, c.261 (loans up to $3 million in targeted areas)
Premier Lender Program
New Jersey Economic Development Authority
NJEDA loan participations and guarantees alongside partner banks for business and nonprofit expansion.
Up to $2 million participation or $1.5 million guarantee (fixed assets); up to $750,000 participation (working capital); up to $750,000 line of credit guarantee
Confirm with agencyLoanHousing, Community and Economic Development
The catch: Job creation or retention commitment tied to NJEDA exposure; collateral required; financing runs through a participating bank.
Next deadline: Varies — check official page · Standing loan product; no application window
Eligibility, how to apply, match, contact
- Eligibility
- New Jersey businesses and not-for-profit organizations that commit to create or retain one full-time job per $65,000 of NJEDA exposure within two years, meet a 1.1x debt service coverage ratio (1.0x for nonprofits) and can pledge fixed assets. Home-based businesses are ineligible.
- How to apply
- Direct application: submit NJEDA's Financing Interest Form, then apply online with a participating Premier Lender bank.
- Applicant types
- Business, Nonprofit
- Award size
- Up to $2 million participation or $1.5 million guarantee (fixed assets); up to $750,000 participation (working capital); up to $750,000 line of credit guarantee
- Funding source
- State
- Contact
- email: [email protected];
RETROFIT NJ Grant Program
New Jersey Economic Development Authority
Reimbursement grants for large, multi-pronged building retrofits that cut carbon emissions.
$2.5 million to $12.5 million
OpenGrantEnergyEnvironment & Water
The catch: Grant covers at most 50% of eligible costs for for-profit commercial projects and 60% for institutional and non-profit projects, capped at $12.5 million for thermal energy networks and $10 million for other projects. The program is oversubscribed: new applications go on a waitlist and are reviewed only if funding is available.
Next deadline: Rolling · Rolling review; program oversubscribed and new applications are waitlisted
Eligibility, how to apply, match, contact
- Eligibility
- Institutional building owners or tenants serving a non-profit or public purpose, or private manufacturing building owners or tenants whose building meets Property Class 4B; thermal energy network projects are also open to commercial and industrial building owners or tenants. Applicants must be in substantial good standing with the NJ Department of Labor and Workforce Development and DEP.
- How to apply
- Direct application: apply online to NJEDA through the program page; applications are reviewed on a rolling basis.
- Applicant types
- Business, Nonprofit, Public Agency, Higher Education
- Award size
- $2.5 million to $12.5 million
- Funding source
- State
- Disbursement
- Reimbursement(s)
- Contact
- email: [email protected];
Salem County Energy Sales Tax Exemption
New Jersey Economic Development Authority
Energy sales tax exemption for manufacturers located in Salem County.
Varies — check official page
Confirm with agencyOtherHousing, Community and Economic DevelopmentEnergy
The catch: Annual renewal applications are due 45 days before the exemption expires.
Next deadline: Varies — check official page · Annual renewal; renewal due 45 days before the current exemption expires
Eligibility, how to apply, match, contact
- Eligibility
- A manufacturer located in Salem County employing at least 50 people, at least half directly in manufacturing, and not in default on any other state program; a Business Incentive Tax Clearance is required.
- How to apply
- Direct application: through the APPLY HERE link on the program page.
- Applicant types
- Business
- Award size
- Varies — check official page
- Funding source
- State
- Geography
- Salem County
Small Business Fund
New Jersey Economic Development Authority
Fixed-rate loans of up to $500,000 for small businesses that may not qualify for bank financing.
Up to $500,000
Confirm with agencyLoanHousing, Community and Economic Development
The catch: Collateral required; other credit criteria apply.
Next deadline: Varies — check official page · Standing loan product; no application window
Eligibility, how to apply, match, contact
- Eligibility
- New Jersey-based small business in operation at least one full year with revenue of $3 million or less, or a nonprofit in operation at least three years; 1.0x debt service coverage; fixed assets to pledge. Home-based businesses and most cannabis license holders are ineligible.
- How to apply
- Direct application: submit the Financing Interest Form, then apply online through NJEDA.
- Applicant types
- Business, Nonprofit
- Award size
- Up to $500,000
- Funding source
- State
- Contact
- email: [email protected];
Take Charge Program
New Jersey Economic Development Authority
Grants to help private fleets install EV charging paired with on-site renewables or storage.
$100,000 to $5 million
OpenGrantEnergyTransportation
The catch: Reimbursement-based; cannot duplicate another state or federal charging incentive for the same costs; compliance requirements follow the award.
Next deadline: Rolling · Application open; reviewed on a rolling basis
Eligibility, how to apply, match, contact
- Eligibility
- For-profit commercial organizations buying and installing EV chargers in New Jersey that have at least two existing commercial-use vehicles registered, domiciled or operating in New Jersey; projects must include on-site renewable generation and/or storage.
- How to apply
- Direct application: online through the Apply Here button; NJEDA asks applicants to review the application overview webinar first.
- Applicant types
- Business
- Award size
- $100,000 to $5 million
- Funding source
- State
- Disbursement
- Reimbursement(s)
- Contact
- email: [email protected];
Technology Business Tax Certificate Transfer (NOL) Program
New Jersey Economic Development Authority
Lets unprofitable tech and biotech companies sell net operating losses and R&D credits for cash.
Sale at no less than 80% of the tax benefit's value; lifetime maximum $20 million per business
Confirm with agencyTax creditScience, Technology, and Research & Development
The catch: Annual application cycle with a fee; sales must close by the date NJEDA sets (2026 closings by April 15, 2027), and prior-year sellers must certify how proceeds were spent.
Next deadline: Varies — check official page · Annual; 2026 cycle closed (deadline June 30, 2026); NJEDA says to return in early May 2027 to apply for the 2027 cycle
Eligibility, how to apply, match, contact
- Eligibility
- Technology or biotechnology businesses whose primary business is providing a scientific process, product or service, with fewer than 225 U.S. employees including affiliates.
- How to apply
- Direct application: online application and fee through NJEDA's portal during the annual window.
- Applicant types
- Business
- Award size
- Sale at no less than 80% of the tax benefit's value; lifetime maximum $20 million per business
- Funding source
- State
- Contact
- email: [email protected];
Urban Enterprise Zone (UEZ) Manufacturers Energy Sales Tax Exemption
New Jersey Economic Development Authority
Sales and use tax exemption on electricity and natural gas for large UEZ manufacturers.
Varies — check official page
Confirm with agencyOtherHousing, Community and Economic DevelopmentEnergy
The catch: Annual application required; certification and employment levels must be maintained; most cannabis license holders are ineligible.
Next deadline: Varies — check official page · Annual application
Eligibility, how to apply, match, contact
- Eligibility
- A manufacturer that keeps at least 250 full-time workers (50% in the manufacturing process), maintains UEZ certification, receives tax clearance and passes a site visit.
- How to apply
- Direct application: through the APPLY HERE link on the program page, renewed annually.
- Applicant types
- Business
- Award size
- Varies — check official page
- Funding source
- State
