The NJEDA Board passed the measure Thursday to give businesses facing financial hardship access to initiatives ranging from grant programs for small businesses and zero-interest loans for mid-sized companies to funding for entrepreneurs and support for private-sector lenders.
“Camden County is home to many family-owned companies who rely on their business for their livelihood,” said Freeholder Director Louis Cappelli, Jr. “These programs are specifically aimed to help small businesses and newly-created companies, people that have been hit the hardest, to stay afloat through this pandemic. We’re extremely grateful to see them receive the support needed and know that the residents of Camden County will stand behind these businesses when they’re able to reopen.”
The programs are expected to help up to 5,000 enterprises statewide with more than $75 million in State and private financial support. To see a full list of the available programs, visit https://cv.business.nj.gov.