EDA to Distribute Awards from Phase 2 of the Small Business Emergency Assistance Grant Program

On June 22,The New Jersey Economic Development Authority will begin releasing an initial batch of awards from phase 2 of its Small Business Emergency Assistance Grant Program. 

The $45 million program will provides grants of up to $10,000 to small businesses and non-profits impacted by the coronavirus pandemic. $15 million of Phase 2 funding will be set aside to support qualified businesses located in one of the 715 census tracts that were eligible to be selected as a New Jersey Opportunity Zone.

You can learn about other NJEDA programs and see what you may qualify for using the NJ COVID-19 Business Support Eligibility Wizard. Explore how NJEDA determines grant size with the Grant Size Estimator. 

Please reach out to Hilary Chebra, Manager. Government Affairs at hchebra@chambersnj.com if you have any questions.