Launch Date Set for Grant Applications to Help Small Businesses Impacted by COVID-19

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(Camden, NJ) – The New Jersey Economic Development Authority has announced that it will begin accepting applications this Friday, April 3, for its Small Business Emergency Assistance Grant Program. The grant program is part of the state’s efforts to help businesses and workers negatively impacted by the COVID-19 outbreak.

Small- and mid-sized businesses wishing to apply for a grant can apply online beginning at 9 a.m. by following a link that will be posted on the state’s COVID-19 Business Information Hub.

The grants are not available to home-based businesses or prohibited businesses and applicants will need to demonstrate an impact from the COVID-19 outbreak and that they have a material financial need that cannot be overcome without a grant. The NJEDA has developed a grant award estimate calculator – https://forms.business.nj.gov/grant-size/ – that businesses can use to understand what their potential grant size may be. For more details about specific information that businesses will need to provide on grant applications, go to: https://www.njeda.com/Press-Room/News-Articles/Press-Releases/NJEDA-Announces-Application-Launch-Date-for-Grants

“With so many of our businesses suffering a sudden and dramatic loss in income, this grant program can serve as a lifeline for businesses to stay afloat and keep employees on the payroll during this challenging time,” said Freeholder Director Louis Cappelli Jr. “We encourage businesses in Camden County that are struggling to maintain operations to apply for a grant.”