• Renters can be early-stage technology and life science companies in New Jersey with 10 or fewer employees
• Less than $1M in trailing 12 months of gross sales from the date of application submission
• Collaborative workplaces can be entities with a minimum of 5 unique paying tenants over the last 2 years.
• Renters and collaborative workplaces must apply together

• Speak to the regional coordinator listed on your industry's page by using the link in the title

• Must operate 75% of vehicle miles in NJ and register a vehicle in NJ
• Purchase and register a new zero-emission class 2b- class 8 vehicle for commercial, industrial, or institutional use within 12 months of voucher reservation
• Be in good standing with the NJ Department of Labor and NJ Department of Environmental Protection

• Be located in New Jersey with fewer than 50 employees
• Have an annual revenue of $10 million or less
• Be in business for at least 1 year before the date of application
• Demonstrate the ability to repay the loan

• Be located in New Jersey with fewer than 750 employees
• Be seeking to finance a clean energy project and use a clean energy technology that has already been demonstrated in the US or internationally
• Be in good standing with the New Jersey Department of Labor and Workforce Development and NJ Department of Environmental Protection
• Have a valid tax clearance certificate no older than 180 days at time of approval
• Be economically feasible
• Be requesting a loan of $500,000 to $20M for the project in total (NJEDA and private financing)
• Be requesting 50% or less of the total loan amount from the NJEDA ($250,000-$10M)
• Have a term sheet, letter of intent, draft agreement, commitment letter, or similar document from an eligible financial institution.
• Not be enrolled in any other state State Small Business Credit Initiative (SSBCI) program

Employers:

• Be registered to do business in New Jersey
• Provide a matching $1,000 payment per participating employee for each year (up to four years) the employee works at their business and remains in the program
• Certify that the participating employees work in an approved occupation each year

Employees:

• Be residents of NJ and maintain domicile in the State during their participation in the program
• Have earned a degree from an approved STEM degree program from an institution of higher education in NJ
• Have graduated on or after December 14, 2018
• Have worked full-time in an approved high-growth STEM occupation at a NJ employer for a minimum of four years before applying for the program
• If approved, must work full-time for an additional one to four years in an approved high-growth STEM occupation at a NJ employer in the program

Eligible occupations are listed in the Higher Education Student Assistance Authority (HESAA) eligible high-growth STEM occupations list

*Private entities, such as developers, can be eligible as applicants for clean water through public conduit borrowers

• Applicants with drinking water projects can be public community water systems privately and publicly owned, and nonprofit non-community water systems (as defined by the National Primary Drinking Water Regulations)
• All applicants must also satisfy the Water Bank's creditworthiness standards (PDF named Amended and Restated Credit Policy” under the “Policies and Procedures” section)

• To qualify, eligible entities must have incurred at least $5M in total annual energy costs (on a pre-sales tax basis, aggregate of all buildings/sites) between July 1st, 2021 and June 30th, 2022 as billed by NJ investor-owned utilities and any applicable third-party suppliers associated with those accounts
• Applicant accounts must be commercially-billed and pay the Societal Benefits Charge (SBC)

• Must use natural gas and/or electricity as the primary heating fuel supplied by a New Jersey investor‐owned utility
• Must be newly constructed single family, multi‐single low‐rise, and high‐rise multifamily buildings

• CHP or Waste Heat to Power projects must achieve an annual system efficiency of at least 60% (Higher Heating Value - HHV), based on total energy input and total utilized energy output
• FC systems must achieve an annual electric system efficiency of at least 40% (HHV) based on Net Useful Electric Power plus Net Useful Thermal Production (if any) divided by the Total Fuel Input at HHV