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 size covering 30% to 50% of the cost of eligible equipment (including installation), up to a maximum award amount of $250,000. To ensure equitable access to funding, Phase 3 applications will be prioritized for new applicants who have not previously or will not be awarded grants under Phase 1 or Phase 2 (based on EIN) during the initial two-week application period. Following this period, all eligible businesses will have the opportunity to apply for funding, subject to available resources.” Complete program and eligibility details will be reviewed during this info session. Participants will also be able to submit questions during the session. Complete updated program information is available at https://www.njeda.gov/mvp3/.