money pulse

Small Business Emergency Assistance Grant Application Available Friday

In a webinar held yesterday with the New Jersey Economic Development Authority and hosted by the New Jersey Business & Industry Association and other business organizations, more information was shared about the NJEDA’s Small Business Emergency Assistance Grant Program. The program size is $5 million, and applications will open at 9 a.m. this Friday and close on Friday, April 10 at 9 a.m.  The application will be available online at https://cv.business.nj.gov.

The program will provide funding as efficiently and quickly as possible to SMEs that are in need. The focus of this round of funding is on the smallest enterprises in industries that are among the most adversely impacted by the COVID-19 containment measures.

It is important to review the NJEDA’s slide presentation, which contains a screenshot of each application page (beginning on slide 4) and have all of your required information ready when applying.  It is expected that this program may close prior to the April 10 deadline based on anticipated enrollment.

Visit NJBIA’s Coronavirus Resource Page for more information.

To access more business news, visit NJB News Now.