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Category: News
N.J. drops $100 fee to certify as small, minority-, women- or veteran-owned business
In recognition of National Small Business Month, state Treasurer Elizabeth Maher Muoio announced that the $100 filing fee to become certified as a Small-, Minority-, Woman- or Veteran-Owned Business Enterprise is being waived indefinitely.
Guide to Small Business COVID-19 Emergency Loans
What Small Businesses Need to Know About the New Pandemic Relief Package – Changes to PPP and More
NJEDA Receives USEDA Grant to Expand Small Business Emergency Assistance Loan Program
TRENTON, N.J. (September 1, 2020) – The New Jersey Economic Development Authority (NJEDA) today announced a $10 million expansion of its Small Business Emergency Assistance Loan Program to help support small businesses and nonprofits impacted by the COVID-19 pandemic. The expanded program will be capitalized by a grant received from the United States Economic Development […]
New PPP Forgiveness Information (Updated 6/16/2020)
Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease. The loan forgiveness form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including: Options for borrowers to calculate payroll [...]
SBA Economic Injury Disaster Loans: Assistance for U.S. Businesses Affected by the COVID-19 Outbreak
The U.S. Small Business Administration (SBA) has set aside $50 billion in low-interest Economic Injury Disaster Loans (EIDL) for “on-going” small businesses affected by the Coronavirus. Individual businesses may apply for up to $2 million per loan. Please Note: The EIDL loans are not for a loss of income but to keep your businesses “afloat” […]
NJEDA Begins Expands its Micro Business Loan Program
On June 9, 2020, the NJEDA Board approved an expansion of the Micro Business Loan Program to provide support to a wider range of New Jersey micro businesses. The application for the expanded program is currently in development, and expected to be available in July 2020. NJEDA has suspended accepting applications for this program until […]
NJEDA Begins Accepting Micro Business Loan Program Applications
News Release CONTACT: New Jersey Economic Development Authority media@njeda.com NJEDA Begins Accepting Micro Business Loan Program Applications TRENTON, N.J. (December 18, 2019) – The New Jersey Economic Development Authority (NJEDA) today announced that it is now accepting applications for its Micro Business Loan Program. Designed to provide financing to early-stage and micro businesses in New […]
New Rutgers-Newark SBDC Satellite Office at Seton Hall University
ANNOUNCEMENT The NJSBDC at Rutgers-Newark is delighted to announce the opening of its satellite office at: SETON HALL UNIVERSITY Stillman School of Business 400 South Orange Avenue Jubilee Hall, 5th Floor South Orange, NJ 07079 Office Hours: Fridays from 10:00am – 3:00pm Counseling at this site begins at this site on: September 8, 2017 Counseling […]
PRESS RELEASE: America’s SBDC New Jersey Has Banner Year in Assisting Small Business
Reprinted from NJSBDC.com Click here for original press release Contact: 973.353.1927 press@njsbdc.com New Jersey’s Small Business Development Centers Helped Its Clients Create and Save Jobs February 22, 2017 (Newark, NJ) – America’s SBDC New Jersey Headquarters, located at the Rutgers Business School, issued its small business deliverables impact accountability report for 2016. The 12-center network, [...]
© 2021 NJSBDC at Rutgers-Newark.
The NJSBDC at Rutgers-Newark is funded (in part) through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.