The New Jersey Economic Development Authority (NJEDA) has announced $85 million in new grants for small businesses impacted by the COVID-19 pandemic through Phase 4 of the Small Business Emergency Assistance Grant Program. This round of funding will provide grants up to $20,000 to small and medium sized businesses and non-profits that have been negatively impacted by COVID-19.
In order to apply for a grant, businesses must pre-register between Monday, April 19th at 9:00 a.m. and Thursday, April 29th at 5:00 p.m. Pre-registration IS NOT first come, first served, but businesses are encouraged to begin the process as early as possible. BUSINESSES THAT DO NOT PRE-REGISTER WILL NOT BE ELIGIBLE FOR PHASE 4 GRANTS.
Following pre-registration, applications will become available on a rolling basis according to the following schedule:
- Businesses that did not apply for, or were not approved for Phase 3 funding – 9:00 a.m. on May 3, 2021
- Restaurants and child care providers – 9:00 a.m. on May 5, 2021
- Micro businesses (five or fewer FTEs) – 9:00 a.m. on May 10, 2021
- All other small businesses – 9:00 a.m. on May 12, 2021
Applications will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission.
