Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available through various lenders and programs.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available through various lenders and programs.

Deadline Approaching
Coming Soon
Application Ended

NJ Accelerate: Financing for Accelerators and Entrepreneurs

NJ Accelerate supports accelerator programs and entrepreneurs that participate in them and incentivizes graduate companies from approved accelerators to consider locating in New Jersey.

Start Date:

Deadline:

Eligibility:

Accelerator programs and graduates of Approved Accelerators.

Benefits:

For Accelerators- 1:1 matching sponsorship up to $100,000. For Companies- 1:1 matching loan funding up to $250,000 and NJ Ignite rent support for up to six months.

Deadline Approaching
Coming Soon
Application Ended

NJ CoVest Fund: Seed Funding for Life Sciences and Tech Companies

The NJ CoVest Fund provides seed funding to New Jersey technology and life science companies to help bridge the funding gap between product development and commercialization.

Start Date:

Deadline:

Eligibility:

Early-stage technology and life science businesses structured as a C-corporation or LLC with Unit Structure.

Benefits:

Up to $250,000 in convertible notes with warrants.

Deadline Approaching
Coming Soon
Application Ended

NJ Ignite Rental Support

NJ Ignite provides up to 14 months of rent support for startups within the innovation economy that are moving to an approved collaborative workspace.

Start Date:

Deadline:

Eligibility:

Early-stage technology and life science companies and collaborative workspaces in New Jersey.

Benefits:

For Renters- Rent support grants. For Collaborative Workspaces- A tool for attracting tenants.

Deadline Approaching
Coming Soon
Application Ended

NJ Zero Emission Incentive Program

NJ Zero Emission Incentive Program (NJZIP) is a pilot program that provides vouchers to businesses and institutions in the greater Newark, Camden, New Brunswick, and Greater Shore  areas to support purchases of new, medium- or heavy-duty zero-emission vehicles.

Start Date:

Deadline:

Eligibility:

Businesses and nonprofits in the greater Newark, Camden, and New Brunswick areas purchasing one or more new zero emission medium- or heavy-duty vehicles.

Benefits:

Vouchers up to $100,000, plus bonuses.

Deadline Approaching
Coming Soon
Application Ended

Net Operating Loss Program

The Net Operating Loss Program enables qualified, unprofitable New Jersey-based technology or biotechnology companies to sell a percentage of their net operating losses (NOL) and unused research and development (R&D) tax credits to unrelated profitable corporations.

Start Date:

Deadline:

Eligibility:

Technology or life sciences companies with up to 225 employees in the United States.

Benefits:

Ability to sell NOL and unused R&D tax credits for up to 80% of their value up to a total amount of $20 million.

Deadline Approaching
Coming Soon
Application Ended

Offshore Wind Tax Credit Program

The Offshore Wind Tax Credit Program is a powerful financial tool designed to spur private capital investment and employment growth in major, land-based offshore wind industry projects.

Start Date:

Deadline:

Eligibility:

Businesses investing at least $17.5 million in a qualified wind energy facility and employing at least 150 new, full-time employees.

Benefits:

Tax credits up to 100% of qualified investments.

Deadline Approaching
Coming Soon
Application Ended

Premier Community Development Financial Institution (CDFI) Program

Through the Premier Community Development Financial Institution (CDFI) Program, qualified small businesses and not-for-profit organizations can receive loan participations, loan guarantees, and line of credit guarantees in partnership with designated Premier CDFIs.

Start Date:

Deadline:

Eligibility:

Businesses who commit to create or retain one new full-time job for every $65,000 in New Jersey Economic Development Authority exposure within two years.

Benefits:

Loan participations up to $500,000 or line of credit guarantee.

Deadline Approaching
Coming Soon
Application Ended

Premier Lender Program

Through the Premier Lender Program, the New Jersey Economic Development Authority partners with banks to provide loan participations and guarantees that can help overcome the financial obstacles to the growth and expansion of New Jersey-based businesses and not-for-profit organizations.

Start Date:

Deadline:

Eligibility:

Businesses and nonprofits that commit to create or retain one new full-time job for every $65,000 in NJEDA exposure.

Benefits:

Loan participations up to $2 million or line of credit guarantees up to $750,000.

Deadline Approaching
Coming Soon
Application Ended

Salem County Energy Sales Tax Exemption

The Salem County Energy Sales Tax Exemption program provides an energy sales tax exemption for the retail sales of electricity and natural gas and their transport to manufacturing businesses in Salem County.

Start Date:

Deadline:

Eligibility:

Manufacturing businesses in Salem County with at least 50 employees.

Benefits:

Energy sales tax exemption for the retail sales of electricity and natural gas and their transport.

Deadline Approaching
Coming Soon
Application Ended

Sales and Use Tax Exemption Program

The Sales and Use Tax Exemption Program allows qualified companies to receive a sales tax exemption certificate for purchases related to construction and renovation of a new business location.

Start Date:

Deadline:

Eligibility:

Companies with 1,000 or more employees that relocate at least 500 workers to a new or substantially rehabilitated facility. Life sciences or manufacturing companies relocating 250 or more employees may be eligible.

Benefits:

Ability to purchase machinery, equipment, furniture, fixtures, and building materials without sales tax.