Over $5.3 Million in Grants Approved in Busiest Month Since Program Launch


Trenton, NJ
– Demonstrating the Christie Administration’s commitment to the recovery of small businesses in the aftermath of Superstorm Sandy, the New Jersey Economic Development Authority (EDA) today announced significant progress during May in the approval of Stronger NJ Business Grants. 

 
During May, 101 businesses were approved for Stronger NJ Business Grants totaling over $5.3 million, the largest number of approvals in any month since the launch of the program in May of 2013. This increase demonstrates the impact of the “team” approach the EDA implemented in February to streamline the application and review process and improve continuity of the relationship between applicants and business advisors.  The team approach ensures that when an applicant needs to reach a business advisor for assistance, someone who is familiar with his or her application is available. 

 

“The Stronger NJ Business Grant application process is subject to many federal requirements, which can make it challenging for both applicants and the EDA staff processing applications,” said Michele Brown, EDA Chief Executive Officer.  “Through careful analysis of the process and really listening to applicant feedback, our team found ways to ease the burden on applicants, and move applications along in a more timely fashion.” 

 

Recently approved grants include businesses from impacted communities in both North and South Jersey, include Eye Contact Vision Center in Newark, Parlay Studios in Jersey City, Bain’s Hardware in Sea Bright, and The Boat House Restaurant in Beach Haven.

 

In addition to the Stronger NJ Business Grants approved in May, Stronger NJ Business Loans totaling over $4.3 million were approved, including loans for over $2.1 million to Jakeabob’s Bay, the iconic Union Beach restaurant destroyed by Superstorm Sandy, and over $336,000 to The Original Kohr’s Frozen Custard, with three locations in Seaside Heights.

Another factor that has helped increase momentum of approvals is a series of workshops during which EDA business advisors meet with Stronger NJ applicants that have not yet completed their applications to help them identify and gather the remaining paperwork to complete their submissions. According to Brown, the goal of these workshops is to help expedite the process and ensure that additional work is not placed on the businesses.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since May 6th, workshops have been held in Seaside Heights, Beach Haven, Sea Bright, Ocean City, Atlantic City, Manasquan, Moonachie, and Lavallette, with assistance provided to over 70 businesses. Additional workshops will be held in June in towns where a need is identified.

To date, more than $55.8 million in grants and loans has been approved for more than 530 businesses.  Additionally, the EDA has recommended the approval of eleven municipalities for Streetscape grants totaling $10 million under the Stronger NJ Neighborhood and Community Revitalization (NCR) program.  Also under NCR, the EDA has provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses, and $5 million to Seaside Heights and Seaside Park for boardwalk demolition and debris removal.

The Stronger NJ Business programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

 

Trenton, NJ – To showcase the rebuilding of small businesses impacted by Superstorm Sandy, the New Jersey Economic Development Authority’s (EDA) Chief Executive Officer Michele Brown visited Stronger NJ Business grant recipients in Lavallette yesterday.  These visits included both Ohana Grill and Martin’s Casuals.  Other Lavallette businesses approved for grants include Lavallette Personal Fitness, Enright Chiropractic and Island Floor Covering.  To date, over 220 Ocean County businesses have been awarded grants and loans totaling over $22.7 million. 

“The summer tourism season will soon be in full swing and shore area businesses are preparing for what will hopefully be a bustling season,” Brown said. “We are happy to be a part of the recovery of these businesses and continue to work hard to make sure every eligible business owner that has applied for the Stronger NJ programs receives help.”

At the time Sandy hit, Martin’s Casuals had been in business for over 50 years.  After losing its entire inventory and experiencing nearly complete destruction of their building, store owner Nathan Hesslein and his daughter Lori Hesslein reopened Martin’s eight months after the storm.

“The Lavallette area was hit very hard and we feel fortunate to remain a part of this community after being here since 1960,” said Lori Hesslein.  “We truly wish to thank our customers and the local community, as well as the state, for their support.”

Ohana Grill owners James and Dana Costello reopened on Mother’s Day of 2013, after months of work to rebuild their Hawaiian-influenced restaurant.  Flooding destroyed Ohana’s floors and sheet rock, requiring a nearly full remodel of the building.

“At first we were overwhelmed by the idea of reopening, but this restaurant was always our dream,” said James Costello.  “It was a bit of a gamble, but as people in the area slowly return to their homes, things are picking up.  We are anticipating a strong summer and are excited to see both familiar and new faces.”

EDA business advisors were in Lavallette yesterday for one-on-one meetings with local Stronger NJ applicants to assist with the completion of their applications. According to Brown, the goal of these workshops is to help expedite the process and ensure that additional burdens are not placed on the businesses.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since May 6th, workshops have been held in Seaside Heights, Beach Haven, Sea Bright, Ocean City, Atlantic City, Manasquan, Moonachie, and Lavallette, with assistance provided to over 60 businesses. Additional workshops are being scheduled in towns where a need is identified.

To date, over 510 impacted businesses in New Jersey have been approved for grants and loans totaling more than $55 million.  Additionally, the EDA has recommended the approval of eleven municipalities for Streetscape grants totaling $10 million under the Stronger NJ Neighborhood and Community Revitalization (NCR) program, including a grant for South Toms River.  Also under NCR, the EDA has provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses, and $5 million to Seaside Heights and Seaside Park for boardwalk demolition and debris removal.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

Trenton, NJ – To showcase the rebuilding of Superstorm Sandy-impacted small businesses, the New Jersey Economic Development Authority (EDA) has announced the award of Stronger NJ Business Grants to Little Ferry and Moonachie businesses, including Bear Hands and Buddies, Ressa’s Meadowlands Cleaners, Dolce Novita Restaurant, Rug Depot and Frolick Brass.  To date, more than 40 Bergen County businesses have been awarded grants and loans totaling over $4.1 million.

“While the focus this week has been on the shore towns and the start of the summer tourism season, it’s important to remember that businesses in Sandy-impacted areas throughout the state are recovering,” said EDA Chief Executive Officer, Michele Brown. “Small businesses are the backbone of our state’s economy and the EDA remains committed to helping all eligible companies through the Stronger NJ programs.”

Little Ferry-based BearHands and Buddies, which designs and manufactures versatile winter mittens and accessories, experienced damage to its facilities, and lost both equipment and inventory following the storm.  BearHands are Thinsulate™ lined, paw-shaped mittens that allow you to access your bare hand through a secret Velcro flap. The company’s “buddy” line of products includes scarves, hats, ponchos, baseball caps and sun hats.

“The timing of the storm couldn’t have been worse, as it was just before our busy holiday season,” said Jeffrey Golden, President, BearHands and Buddies.  “Thankfully, business has returned to normal – if not better — and we’re excited for the future.  Many thanks to our customers and the state for their support.”

EDA business advisors are in Moonachie today for one-on-one meetings with local Stronger NJ applicants to assist with the completion of their applications. According to Brown, the goal of these workshops is to help expedite the process and ensure that additional burdens are not placed on the businesses.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since May 6th, workshops have been held in Seaside Heights, Beach Haven, Sea Bright, Ocean City, Atlantic City, Manasquan and Moonachie, with assistance provided to over 60 businesses. Additional workshops are being scheduled in towns where a need is identified.

To date, over 510 impacted businesses in New Jersey have been approved for grants and loans totaling more than $54.7 million.  Additionally, the EDA has recommended the approval of eleven municipalities for Streetscape grants totaling $10 million under the Stronger NJ Neighborhood and Community Revitalization (NCR) program.  Also under NCR, the EDA has provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929). 

Trenton, NJ – To showcase the rebuilding of small businesses impacted by Superstorm Sandy, the New Jersey Economic Development Authority (EDA) announced the award of Stronger NJ Business Grants to Manasquan businesses, including Gee Gee’s Amusements, Ocean Star Fuel, and Deep Creek Cove Marina.  Due Amici, an Italian restaurant in nearby Brielle, was also approved.  To date, 83 Monmouth County businesses have been awarded grants and loans totaling $9.1 million.

“Manasquan represents many Jersey shore towns that rely on summer tourism to thrive and grow,” said EDA Chief Executive Officer, Michele Brown. “As we kick-off the 2014 summer season, the state remains committed to helping Sandy-impacted businesses, both in tourist destinations, as well as other parts of the State.”

“After 28 years as a fixture in Manasquan, we were not about to give up,” said Fred Bryant, Owner, Gee Gee’s Amusements, “We are excited to get this summer started and are hopeful for a busy season.  We very much appreciate the support of our community and the state.”

EDA business advisors are in Manasquan today for one-on-one meetings with Stronger NJ applicants to assist with the completion of their applications. According to Brown, the goal of these workshops is to help expedite the process and ensure that additional burdens are not placed on the businesses.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since May 6th, workshops have been held in Seaside Heights, Beach Haven, Sea Bright, Ocean City, Atlantic City, and Manasquan, with assistance provided to over 50 businesses. Additional workshops are being scheduled in towns where a need is identified.

To date, over 500 impacted businesses in New Jersey have been approved for grants and loans totaling more than $53.7 million.  Additionally, the EDA has recommended the approval of eleven municipalities for Streetscape grants totaling $10 million under the Stronger NJ Neighborhood and Community Revitalization (NCR) program.  Also under NCR, the EDA has provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

Trenton, NJ – As a result of the state’s ongoing commitment to support small businesses impacted by Superstorm Sandy, the New Jersey Economic Development Authority (EDA) today announced the approval of Stronger NJ Business Grants to several Atlantic City businesses, including Crystal Nails, Web Feet Beach Boutique, Pier 21 and North Point Marina. To date, the EDA has approved over $3.3 million in grants and loans to 20 businesses in Atlantic City. 

“Atlantic City holds an important place in the NJ tourism industry due to its unique combination of gaming and beach activity,” said EDA Chief Executive Officer Michele Brown.  “As we approach Memorial Day, I’m happy to see Atlantic City and the whole shore region getting back on its feet for what will hopefully be a booming tourist season.”

“As other local proprietors ramp up for our second summer since Sandy, we remain proud to be part of Atlantic City’s thriving business community,” said Dotty Webb, Owner, Web Feet Beach Boutique, Gardner’s Basin.  “We appreciate the support of our customers and the help the state has provided, and we look forward to a lively summer.”

EDA business advisors are in Atlantic City today for one-on-one meetings with Stronger NJ applicants, to assist with the completion of their applications. This will help expedite the process and ensure that additional burdens are not placed on the businesses. The EDA expects to hold workshops twice per week throughout May and into June.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since May 6th, workshops have been held in Seaside Heights, Beach Haven, Sea Bright, Ocean City, and Atlantic City, with assistance provided to over 50 businesses. Additional workshops are being scheduled in towns where a need is identified.

To date, over 490 impacted businesses in New Jersey have been approved for grants and loans totaling more than $53.4 million.  Additionally, the EDA has recommended the approval of eleven municipalities, including Atlantic City, for Streetscape grants totaling $10 million under the Stronger NJ Neighborhood and Community Revitalization (NCR) program.  Also under NCR, the EDA has provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

Additional Stronger NJ Business Loans Totaling $4 Million Approved for Five Businesses

Trenton, NJ (May 16, 2014) – Building upon Governor Christie’s commitment to the recovery of businesses and communities in the aftermath of Superstorm Sandy, the Board of the New Jersey Economic Development Authority (EDA) today approved loans totaling over $2 million for Jakeabob’s, a well-known Union Beach restaurant destroyed by Superstorm Sandy.

Following the storm, Jakeabob’s relocated to a building further inland, known as “Jakeabob’s Off the Bay,” which closed in April 2014.  Out of this location, which was furnished with tables made from doors of Union Beach homes destroyed by Sandy, owner Gigi Liaguno-Dorr operated a “pay-what-you-can-afford” community kitchen to help local families also struggling from the storm.

“This project is an example of the complex financial situations Sandy left in her wake and the sacrifices that so many business owners have had to make; however, it also helps to illustrate the compassion, selflessness and community spirit that businesses have demonstrated over the last year and a half,” said Michele A. Brown, EDA Chief Executive Officer. “Our team has worked hand-in-hand with this business to help them rebuild at their former location, and we are thrilled to support the return of this fixture in the Union Beach community.”

The loans to Jakeabob’s consist of $297,131 in working capital and a $1.5 million construction loan from the Stronger NJ Business Loan Program, as well as an EDA direct loan of up to $400,000 to refinance an existing mortgage. 

Since the storm, Liaguno-Dorr and her fiancé Wally Van Orden have struggled to find a way to rebuild.  “It was heartbreaking to see the business that was my life for 14 years washed away,” said Liaguno-Dorr. “I am elated that the EDA took the time to work with me to create a solution that will enable us to be part of this beautiful community once again.  An incredible weight has been lifted and I plan to start rebuilding as soon as possible.”

Other Stronger NJ Business Loans announced at the Board meeting will benefit Casa Comida in Long Branch, Charlroy Motel in Seaside Park, Malusa and Sons (Nino’s Family Restaurants) in Wildwood, Seaside Lumber in Seaside Heights, and Providence Pediatric Medical Day Care in Berlin Township. 

Providence Pediatric operates three medical day care centers in New Jersey, two in Camden and one in Atlantic City.   The company experienced wind and water damage during Superstorm Sandy and was approved for a Stronger NJ Business working capital loan for over $1.7 million.

“This loan will help us continue to help many more fragile children, and provide peace of mind to their parents, knowing their children are well cared for while they are at work,” said Leeanna Roman Lozada, President, Providence Pediatric. “As a Hispanic female, I am doubly grateful for the state’s support and belief in woman-owned businesses.”  

At the Board meeting, Brown noted that the loans to Jakeabob’s and Providence Pediatric represent part of the more than $10 million in grant and loan assistance that has been approved for 145 woman-owned businesses under the Stronger NJ Business Grant and Loan programs.

For more information on the Stronger NJ Business programs, including the complete list of eligibility and eligible uses of funds, visit www.njeda.gov/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

New Jersey Economic Opportunity Act Paves Way for More Than 3,600 New and Retained Jobs

TRENTON, N.J. (May 16, 2014) – Illustrating the significant impact of the New Jersey Economic Opportunity Act of 2013, the Christie Administration today announced that JPMorgan Chase Bank has committed to remain and grow in New Jersey, resulting in a total net benefit to the State of $1.1 billion. Supported under the enhanced Grow New Jersey Assistance (Grow NJ) Program, the project will result in the creation of 1,000 new jobs and the retention of more than 2,600 jobs in Jersey City.

“JPMorgan Chase Bank’s decision to choose New Jersey exemplifies our enhanced ability to compete in the regional, national and global economy as a result of the Economic Opportunity Act,” said Michele Brown, Chief Executive Officer of the New Jersey Economic Development Authority (EDA).  “With a more compelling economic toolkit and the ongoing efforts of the Partnership for Action, New Jersey is in a prime position to attract industry leaders like JPMorgan Chase.”

JPMorgan Chase is a leading global financial services firm with operations worldwide. The company had been evaluating the location of its expanding regional technology and operations hub and considered locations in Ohio, Delaware and New Jersey.  With the EDA Board’s approval today of a Grow NJ award, the company announced its decision to remain and expand in Jersey City, increasing its presence to over one million square feet of space. In addition to the creation and retention of over 3,600 jobs, JPMorgan Chase expects to invest more than $76 million. 

“Thanks to the Christie Administration, Grow NJ made it possible for our firm to purchase our Newport Operations Center in Jersey City, which will create new jobs in New Jersey,” said JPMorgan Chase Chief Operating Officer Matt Zames. “We’ve invested in this community for nearly two centuries, and this agreement only deepens that commitment for the long term.”

Signed into law by Governor Chris Christie in September 2013, the Economic Opportunity Act streamlined New Jersey’s five legacy incentive programs into two powerful offerings: Grow NJ, which is now the state’s main job creation and retention incentive program, and the Economic Redevelopment and Growth (ERG) Program, now New Jersey’s sole developer incentive program.  Grow NJ provides tax credits ranging from $500 to $5,000 per job, per year, with bonus credits ranging from $250 to $3,000 per job, per year if the project meets certain requirements.  The highest levels of bonus credits are for “mega projects” and projects located in Garden State Growth Zones (Camden, Trenton, Passaic and Paterson) and eight South Jersey counties, and designated Urban Transit Hubs. 

JPMorgan Chase qualified as a “mega project” under the statute and was eligible for a base award of $5,000 per employee.  The company also received bonus increases for: transit oriented development, jobs with high salaries, a large number of new/retained full time jobs, and being in the targeted industry of finance.

In accordance with the statute, the EDA conducts a comprehensive net benefit analysis to ensure that Grow NJ and commercial ERG projects will result in a net positive impact to New Jersey.  Additionally, the programs are performance-based, requiring projects to first generate new tax revenue, complete capital investments, and/or hire or retain employees to receive approved benefits. 

The EDA is part of the state’s results-driven Partnership for Action.  Created by Governor Christie and led by Lt. Governor Guadagno, the Partnership is the hub for all economic development activity in New Jersey and is comprised of four interconnected and highly focused organizational elements: Choose New Jersey, the Business Action Center, the Office of the Secretary of Higher Education and the EDA. 

To learn more about opportunities for business growth throughout New Jersey, visit the state’s business portal at www.NewJerseyBusiness.gov.

Trenton, NJ – As a result of the state’s ongoing commitment to support small businesses impacted by Superstorm Sandy, the New Jersey Economic Development Authority (EDA) today announced the recent approval of Stronger NJ Business Grants to several Ocean City businesses, including Johnnie B. Goode Ice Cream Parlor, Ireland Imports, Cousin’s Restaurant, The Bookateria Two, and DeLanzo Chiropractic Center.

To date, the EDA has approved over $1.2 million in grants to 28 businesses in Ocean City. 

“We are very pleased to extend this support to impacted businesses in Ocean City and, we remain committed to getting help to all eligible businesses that have applied for Stronger NJ Business Grants and Loans,” said EDA Chief Executive Officer Michele Brown.  “As part of this effort, EDA was in Ocean City today to help businesses finalize their applications and move the process forward.”

The EDA is inviting applicants to one-on-one meetings with business advisors in their respective communities to assist impacted businesses with the completion of their applications. This will help expedite the process and ensure that additional burdens are not placed on the businesses. The EDA expects to hold workshops twice per week throughout May and into June.

Applicants are contacted via telephone prior to the workshops to schedule appointments and are informed of any documentation or information needed to complete their application.  Since last week, workshops have been held in Seaside Heights, Beach Haven, Sea Bright and Ocean City. Additional workshops are being scheduled in towns where a need is identified.

To date, over 470 impacted businesses in New Jersey have been approved for grants and loans totaling more than $50 million. Additionally, the EDA has recommended the approval of eleven municipalities for $10 million in Streetscape grants under the Stronger NJ Neighborhood and Community Revitalization (NCR) program, and provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).

Trenton, NJ – To showcase the rebuilding of small businesses impacted by Superstorm Sandy, the New Jersey Economic Development Authority (EDA) today delivered $50,000 Stronger NJ Business Grant checks to Angler’s Marina and EF Mason Insurance in Sea Bright.  Other Sea Bright businesses recently approved for grants and/or loans include Donovan’s Reef, Northshore Sportech, Homes of Distinction Real Estate (Century 21), and Carriage House Marina.

“It has been a long road since Sandy, but we are grateful for the support of our loyal customers, fellow business owners, and the state,” said Frederick Leonardis, Owner, Angler’s Marina.  “With the warm weather finally here, we are excited to kick off this summer in better shape than we were this time last year.”

To date, the EDA has approved over $5.5 million in grants and loans to 14 businesses in Sea Bright. 

“The EDA is committed to extending its support to recovering businesses impacted by Sandy through its Stronger NJ Business programs,” said EDA Chief Executive Officer Michele Brown.    “EDA business advisors are in Sea Bright today meeting with business owners whose applications require additional input so we can approve even more businesses for assistance.”  

Statewide, over 470 businesses have been approved for grants and loans totaling more than $50 million. Additionally, the EDA has recommended the approval of eleven municipalities for $10 million in Streetscape grants under the Stronger NJ Neighborhood and Community Revitalization (NCR) program, and provided $2.5 million in grants to five Community Development Financial Institutions offering recovery loans to Sandy-impacted small businesses.

The EDA is inviting applicants to one-on-one meetings with business advisors in their respective communities to assist impacted businesses with the completion of their applications. This will help expedite the process and ensure that additional burdens are not placed on the businesses. The EDA expects to hold workshops twice per week throughout May and into June.

Applicants are contacted via telephone prior to the workshops to schedule appointments and inform them of any documentation or information needed to complete their application.  The first workshop was held in Seaside Heights on Tuesday, May 6th, followed by a workshop in Beach Haven on Thursday, May 8th.

The Stronger NJ programs are funded through New Jersey’s Community Development Block Grant Disaster Recovery (CDBG-DR) allocation from the United States Department of Housing and Urban Development (HUD).  Similar to other Sandy relief grant programs, there are strict federal eligibility requirements to which the EDA and applicants must comply. 

For more information on the Stronger NJ Business programs, visit http://application.njeda.com/strongernjbusiness or call EDA’s Sandy hotline at 1-855-SANDY-BZ (1-855-726-3929).