Source: NJEDA
Updated: July 8, 2021
Phase 4 of the New Jersey Economic Development Authority (NJEDA) Small Business Emergency Assistance Grant Program provides grants up to $20,000 to small- and medium- sized businesses and non-profits that have been negatively impacted by the COVID-19 pandemic.
Business owners who have pre-registered for Phase 4 can apply now. Applications are available at programs.njeda.com. Business owners who did not pre-register are not eligible to apply.
Business owners that have already applied for Phase 4 funding can check their application status at programs.njeda.com.
Grant applications will be available in English and Spanish. The NJEDA is also offering interpretation services to support speakers of ten additional languages: Arabic, Chinese (Mandarin and Cantonese), Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog.
The State recently allocated an additional $235 million in State funds for various small business relief programs administered by the NJEDA. $200 million of this funding will be used to fulfill all eligible pending Phase 4 small business grant requests.
Businesses Are Required to Pre-Register
If you did not pre-register, you cannot apply for grant funding. Pre-registration was open from April 19th, 2021, to April 29th, 2021, and reopened from May 26th, 2021 to June 30th, 2021. Check your pre-registration status at programs.njeda.com.
Make Sure Your Businesses is Properly Registered
In order to receive a Phase 4 grant, your business must be registered to do business in the State of New Jersey with the NJ Division of Taxation. If your business is not recognized by the Division of Taxation, you must provide a valid Business Registration Certificate. You can check your business registration certificate status online.
If your business is properly registered, you will receive immediate confirmation after entering your information. If your business is not properly registered, email njdorescustomerservice@treas.nj.gov (allow up to 2 days for follow-up) or call 609-292-9292. You should state clearly that your request is connected to an application for the NJEDA’s Small Business Emergency Assistance Grant Program – Phase 4. Most issues can be resolved quickly.
For more information on the business registration process, watch one of the webinars on the topic the NJEDA hosted with the NJ Department of Treasury. Recordings are available here: Session 1 and Session 2.
Applications
Applications for the Small Business Emergency Assistance Grant Program – Phase 4 are now open for business owners who pre-registered in April and did not apply or who pre-registered during the May-June pre-registration period.
Applications will remain open through July 15, 2021, 5:00 p.m. and will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission. Applicants must complete the full application to be considered for grant funding.
Watch a video walk-through of the application. (Please Note: the dates in this video refer to the May application period, but the information presented is still accurate).
If you need additional assistance, call 844-965-1125.
Awards
Grant awards will be calculated based on the number of full-time equivalent employees (FTEs) businesses employ. Micro-businesses with five or fewer FTEs and sole proprietorships will receive up to $10,000; businesses with six to 25 FTEs will receive up to $15,000; and businesses with 26 to 50 FTEs will receive up to$20,000. Access the grant size estimator.
In line with the State’s commitment to a stronger, fairer recovery, Phase 4 funding will be allocated to support the most adversely affected businesses, including restaurants, micro-businesses, and child care providers, as well as other small businesses. To ensure grants reach businesses in the hardest hit communities, including communities of color, one-third of funding will be targeted to businesses with a primary business location within the 715 census tracts designated as eligible to be selected as an Opportunity Zone.
Read more at https://business.nj.gov/covid/small-business-emergency-assistance-grant-program
