REAL ESTATE GAP FINANCING GRANT PROGRAM

The Real Estate Gap Financing Grant Program is a $10 million pilot program established to provide grants for real estate development projects located in distressed, eligible municipalities that require gap financing and that address the negative economic impacts of the COVID19 pandemic.

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ACTIVATION, REVITALIZATION, AND TRANSFORMATION (A.R.T.) PROGRAM – PHASE II

Phase II of the Activation, Revitalization, and Transformation (A.R.T.) program, is aimed at mitigating the economic impact of the COVID-19 pandemic by supporting the development and recovery of New Jersey’s commercial corridors and invigorating community focused arts and cultural organizations. The program will provide grants to projects located in thirty-one commercial corridor municipalities. Projects must be located within 1.5 miles of an eligible municipality’s passenger rail station.

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New Jersey HISTORIC PROPERTY REINVESTMENT PROGRAM

The Historic Property Reinvestment Program is a $50 million competitive tax credit program to leverage the federal historic tax credit program to support rehabilitation projects of identified historic properties.

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NJ CAPITAL ACCESS FUND

Developed by the NJEDA, the NJ Capital Access Fund provides working capital with fixed interest rates and flexible spending guidelines, so you have the freedom to achieve more and to plan your business’s bright future.

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New Jersey Economic Recovery ACt

Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020 (ERA) into law on January 7, 2021. The ERA creates a seven-year, $14 billion package of tax incentive, financing, and grant programs that will address the ongoing economic impacts of the COVID-19 pandemic and build a stronger, fairer New Jersey economy. The public is invited to provide feedback on draft program rules.

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New Jersey Rise program

New Jersey Re-assigning In State Employees (NJ RISE) is a new program to incentivize businesses to re-assign New Jersey residents who are working in another state to a New Jersey location. The $35 million NJ RISE Program will provide grants to companies to relocate its New Jersey-resident employees, ensuring a residents’ income taxes stay in New Jersey, which will help increase tax revenue.

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News & Updates

Press Release
October 31st, 2024

NJEDA to Open Applications for Offshore Wind Applied Research Administration Grant Challenge

TRENTON, N.J. (October 31, 2024) – The New Jersey Economic Development Authority (NJEDA) will open applications for the Offshore Wind Applied Research Administration Grant Challenge on November 4, 2024.
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Press Release
October 29th, 2024

NJEDA and NYSERDA Co-Host NJ/NY Offshore Wind Supplier Forum: Empowering Regional Opportunities for Growth and Collaboration

ATLANTIC CITY, N.J. (October 29, 2024) – As part of the ongoing collaboration between New York and New Jersey, the New Jersey Economic Development Authority (NJEDA) and New York State Energy Research and Development Authority (NYSERDA) co-hosted the “New York & New Jersey Offshore Wind Supplier Forum,” in Atlantic City on Monday.
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Press Release
October 25th, 2024

Golden Seeds’ New Jersey Chapter Joins National Chapter in Celebrating its 20th Anniversary; Highlights Success of Supporting Women-Led Companies

TRENTON, N.J. (October 25, 2024) – The New Jersey chapter of Golden Seeds, supported by First Lady Tammy Murphy and the New Jersey Economic Development Authority (NJEDA), joined the national chapter in commemorating its 20th anniversary at a celebration on Tuesday in Montclair.
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Press Release
October 24th, 2024

Governor Murphy Announces Planned Innovation Center Based in Newark

TRENTON – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and the New Jersey Innovation Institute (NJII), a corporation of the New Jersey Institute of Technology (NJIT), have launched the NJII Venture Studio, the state’s latest Strategic Innovation Center (SIC).
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Press Release
October 23rd, 2024

Governor Murphy Highlights More Than $1 Billion Investment in Child Care Sector Since Start of Administration

WEST ORANGE – Governor Phil Murphy today highlighted that his Administration has invested more than $1 billion in expanding access to high-quality, affordable child care across New Jersey.
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Press Release
October 17th, 2024

NOTICE OF MEETING CANCELLATION – CAPITAL CITY REDEVELOPMENT CORPORATION BOARD MEETING

Please be advised that the Capital City Redevelopment Corporation Board Meeting previously scheduled for October 22, 2024, is hereby cancelled.
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Press Release
October 17th, 2024

NJEDA’s Real Estate Gap Financing Grant Program Now Accepting Applications

TRENTON, N.J. (October 17, 2024) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Real Estate Gap Financing Grant Program, which will provide grants for real estate development projects located in distressed, eligible municipalities that require gap financing.
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Press Release
October 16th, 2024

NJEDA Continuing Support for Start-Ups & Strengthening Innovation Economy through NJ Accelerate Program

TRENTON, N.J. (October 16, 2024) – Based on the success of the NJ Accelerate Program, the New Jersey Economic Development Authority (NJEDA) Board recently approved a new two-year pilot period the program, which encourages the participation of entrepreneurs in high-quality approved partner accelerator programs, helping increase the chances of success of innovative companies in the state.
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Press Release
October 15th, 2024

CSIT Awards $3M to 41 New Jersey-Based Start-Ups through Round 3 Catalyst and Clean Tech Seed Grant Programs

TRENTON, N.J. (October 15, 2024) – The New Jersey Commission on Science, Innovation, and Technology (CSIT) has awarded a combined $3 million in grants to 41 New Jersey startups through its Round 3 Catalyst Seed Research and Development (R&D) Grant and Clean Tech Seed Grant programs.

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Press Release
October 15th, 2024

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, October 22, 2024, at 11:00 am.
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Press Release
October 10th, 2024

Adding to Robust Suite of Clean Energy Programs, NJEDA Board Approves Garden State C-PACE Program

TRENTON, N.J. (October 10, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program.
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Press Release
October 9th, 2024

NJEDA Expands NJ Cool Eligibility Requirements

TRENTON, N.J. (October 9, 2024) – The New Jersey Economic Development Authority (NJEDA) Board has expanded eligibility requirements for the NJ Cool Program, which provides grants to building owners and tenants undertaking retrofit construction projects that reduce greenhouse gas emissions from existing buildings.
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Press Release
October 7th, 2024

NJEDA, Kean University & ICIC Partner to Bring National Education Program for Underserved Construction Contractors to New Jersey

TRENTON, N.J. (October 7, 2024) – The New Jersey Economic Development Authority (NJEDA) and Kean University are partnering with the Initiative for a Competitive Inner City (ICIC) to bring Building for Growth (BFG) to the State of New Jersey.
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Press Release
October 2nd, 2024

NJEDA to Host Life Sciences Panel on Alternative Funding Opportunities at New Jersey Bioscience Center

TRENTON, N.J. (October 2, 2024) – The New Jersey Economic Development Authority (NJEDA) will host a panel discussion focused on alternative funding opportunities to help advance New Jersey-based life sciences companies.
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Press Release
October 2nd, 2024

NOTICE OF NJEDA BOARD MEETING – 10/09/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, October 9, 2024, at 10:00 am.
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Press Release
September 27th, 2024

NJEDA Receives Notice of $50M Award for Federal Grant to Advance Offshore Wind Development in New Jersey

TRENTON, N.J. (September 27, 2024) – In July, the New Jersey Economic Development Authority (NJEDA) received a notice of a $50 million funding award through the United States Department of Energy’s (USDOE) Transmission Siting and Economic Development (TSED) Grant Program.

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Press Release
September 26th, 2024

Applications Open for NJEDA’s A.R.T. Phase II Program

TRENTON, N.J. (September 26, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Activation, Revitalization, and Transformation (A.R.T.) Phase II Program.
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Press Release
September 25th, 2024

NJEDA to Open Applications for Main Street Acquisition Support Grant

TRENTON, N.J. (September 25, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that applications will open for the Main Street Acquisition Support Grant on October 1, 2024.
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Press Release
September 24th, 2024

NJEDA Opens Applications for Phase Two of Child Care Facilities Improvement Program

TRENTON, N.J. (September 24, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) opened applications for Phase II of the Child Care Facilities Improvement Program.
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Press Release
September 23rd, 2024

NJEDA to Extend Submission Deadlines for Apprenticeship Training Centers and Construction Grants RFI

TRENTON, N.J. (September 23, 2024) – The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Information (RFI) seeking insight from qualified entities that provide registered apprenticeship programs and have perspectives on establishing new registered apprenticeship training locations in Overburdened Communities.
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Press Release
September 19th, 2024

NJEDA Board Approves Aspire Award for Affordable Housing Development in Atlantic County

TRENTON, N.J. (September 19, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved an Aspire tax credit award for an affordable housing development project in Atlantic County.
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Press Release
September 17th, 2024

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, September 24, 2024, at 12:00 pm.
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Press Release
September 13th, 2024

NJEDA Board Approves NJ Innovation Evergreen Fund Investment into Princeton-Based Life Sciences Company

TRENTON, N.J. (September 13, 2024) – This week, the New Jersey Economic Development Authority (NJEDA) Board approved the fourth investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging Princeton-based life sciences company, RICOVR Healthcare, which is developing a rapid diagnostic test for cannabis use.
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Press Release
September 13th, 2024

NJEDA Board Awards Tax Credits to Assist Rehabilitation of Historic Schwehm Building in Atlantic City

TRENTON, N.J. (September 13, 2024) – Earlier this week, the New Jersey Economic Development Authority (NJEDA) Board approved a tax credit award of up to $8 million to rehabilitate the underutilized Schwehm Building in downtown Atlantic City under the Historic Property Reinvestment Program (HPRP).
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Press Release
September 12th, 2024

Manufacturing Voucher Program Phase III Approved by NJEDA Board

TRENTON, N.J. (September 12, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved Phase III of the Manufacturing Voucher Program (MVP), dedicating an additional $10 million to support manufacturers access to new equipment.
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All NEWS & Updates

Upcoming Board Meetings

November
18
12:00 pm
Monday

November 18, 2024

NJEDA Board Meeting

Atlantic City, NJ

    Past Board Meetings

    October 9, 2024

    NJEDA Board Meeting

    September 11, 2024

    NJEDA Board Meeting

    September 5, 2024

    New Jersey Green Bank Board Meeting

    July 17, 2024

    NJEDA Board Meeting

    June 12, 2024

    NJEDA Board Meeting

    May 28, 2024

    New Jersey Green Bank Board Meeting

    May 8, 2024

    NJEDA Board Meeting

    April 10, 2024

    NJEDA Board Meeting

    March 12, 2024

    NJEDA Board Meeting

      March 7, 2024

      NJEDA Board Meeting

      All Board Meetings

      EVENTS CALENDAR

      Featured
      12
      2:00 pm
      Free Event
      Tuesday

      November 12, 2024

      Info Session: New Jersey Manufacturing Voucher Program (MVP) Phase 3

      The New Jersey Economic Development Authority (NJEDA) is offering a third round of funding through the New Jersey Manufacturing Voucher Program (MVP) Phase 3. This program provides grant funding for New Jersey manufacturers to purchase new equipment, with the grant …
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      6
      11:00 am
      Free Event
      Wednesday

      November 6, 2024

      Office Hours for Emerging Developers – 2 Virtual Sessions on Nov 6

      Two virtual sessions are available for emerging developers to access additional support for the Emerging Developers Grant Program before the application period closes on November 15, 2024. During these office hours, participants will have the chance to ask specific questions …
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      12
      10:00 am
      Free EventRSVP Required
      Tuesday

      November 12, 2024

      Free Online Business Training: Foundation 2 Blade

      Online
      Foundation 2 Blade is the industry’s most comprehensive training program for businesses who are ready to take advantage of the opportunities in the offshore wind industry. Over the course of three sessions, you will gain the tools, resources, and industry …
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      12
      2:00 pm
      Free Event
      Tuesday

      November 12, 2024

      Info Session: New Jersey Manufacturing Voucher Program (MVP) Phase 3

      The New Jersey Economic Development Authority (NJEDA) is offering a third round of funding through the New Jersey Manufacturing Voucher Program (MVP) Phase 3. This program provides grant funding for New Jersey manufacturers to purchase new equipment, with the grant …
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      PUBLIC INFORMATION

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      2023-RFP-171 – BOARD GOVERNANCE SOFTWARE PROVIDER
      PROPOSALS DUE BY: June 6, 2023 2:00PM(ET)

      2023-RFQ-169 – MATERNAL AND INFANT HEALTH INNOVATION CENTER LEAD ROLES
      PROPOSALS ARE DUE BY: May 22, 2023 2:00PM(ET)

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