Funding

• Investors in eligible emerging technology businesses or venture funds in New Jersey
• Both the investor and the technology company must complete the application no later than 6 months from the date of investment
• Fewer than 225 full-time employees, 75% of whom must work in NJ
• Commercializes one or more of the following eligible technologies in the State: Advanced Computing, Advanced Materials, Biotechnology, Electronic Devices, Information Technology, Life Sciences, Medical Devices, Mobile Communications, Renewable Energy Technology, and Carbon Footprint Reduction Technology

• Must have minimum revenues of $100,000 within the trailing 12 months . Trailing 12 Months (TTM) figures report metrics based on the last 12 months (or four quarters) to date on a rolling basis.
• Business must be able to demonstrate a minimum of $100,000 in investment interest from at least two investors independent from the company
• Primary business is commercializing and marketing a product
• Early stage within an NJEDA targeted industry
• Structured as a C-Corporation or LLC
• Located in physical commercial, co-working, or incubator space in New Jersey
• A minimum of two full-time founders/C-level executives and 50% of full-time employees working in New Jersey
• No more than 100 total employees working for the company
• Company must be registered in New Jersey and in good standing as certified by a valid NJ Tax Clearance Certificate

• Your business must be registered in New Jersey
• Your business must be in the first year of running its apprenticeship program
• Enroll at least 1 apprentice in your program
• Your business may qualify for an extra $5,000 tax credit if your apprenticeship program provides opportunities in key industries: manufacturing, construction, healthcare, logistics, pharmaceuticals, transportation, tourism, or renewable energy

• The project must demonstrate through New Jersey Economic Development Authority analysis that without the incentive award, the redevelopment project is not economically feasible
• Must demonstrate that a project financing gap exists and/or the redevelopment project will generate a below-market rate of return
• Be located in a designated Incentive Area
• Include a developer with equity participation of at least 20% of the total cost
• The project must in a net positive benefit to the State
• Must meet specific cost thresholds, depending on where the project is located

• Manufacturing and processing facilities, certain government-owned facilities, facilities that furnish utilities, and some 501(c)(3) nonprofit organizations that meet Internal Revenue Code requirements for tax-exempt bond financing
• Bonds can be used for projects that are owned and operated for the benefit of local, county, and state government bodies and for capital improvements and expansions

• Must be registered to conduct business in New Jersey at the time of application
• Cannot have more than 25 full-time employees (35hrs per week) at the time of application and throughout the voucher duration
• 100% of the project work has to be conducted in NJ
• Minimum of one full-time employee working in NJ at the time of application and throughout the voucher duration
• 50% or more of the work is conducted in NJ
• Applicant must obtain a signed approval letter from a participating university/college, Federal lab, or non-profit organization confirming that the facility is capable and willing to provide the services that will be supported by the voucher (current list of participating facilities)

• Child care center licensed by New Jersey Department of Children and Families (NJDCF) as of June 4th, 2021
• Currently enroll, or have enrolled in the 12 months prior to the date of application, at least one child receiving support through New Jersey Department of Human Services (NJDHS) Child Care Assistance Program
• For-profit businesses or non-profit organizations that can own or lease space
• Be in good standing with the New Jersey Departments of Labor and Workforce Development, Environmental Protection, NJDCF, and NJDHS
• Must not be debarred from receiving federal funds, as indicated through System for Award Management (SAM)
• Contractors conducting facility improvements must be New Jersey Department of Labor (NJDOL) Public Works Registered Contractors and abide by state prevailing wage and affirmative action requirements

Project elements that can be covered by this grant:

• Labor and materials cost for interior and exterior facility improvements to create high quality early childhood learning environments. See the full list of eligible facility improvement projects
• Soft costs are capped at up to 20% of total grant and are limited to: architect fees, permit fees, construction management, freight and shipping delivery, environmental assessment

• Owners or operators of licensed child care centers or child care centers applying for a license through the Department of Children and Families (DCF)

• Must be a New Jersey-based clean energy and clean technology company
• Company must have 50 or fewer full-time employees

• Companies must produce content in New Jersey
• Incurred for services performed and tangible personal property purchased through vendors whose primary place of business is located in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Mercer or Salem County