There will be a Special EDA Board Meeting on Friday, November 1, 2013 at 10 p.m. at EDA Offices, 36 West State Street, Trenton, NJ.

The New Jersey Economic Development Authority’s next public Board Meeting will take place at 10:00 a.m. on Tuesday, October 8, 2013 at the EDA offices at 36 West State Street, Trenton. A copy of the proposed agenda can be found prior to the meeting at www.njeda.gov/Board. Following the Board Meeting, minutes and the full agenda will also be available at www.njeda.gov/Board.

The New Jersey Economic Opportunity Act of 2013 was signed into law on September 18, 2013. The Act streamlines New Jersey’s five existing economic development incentive programs into two; the Grow New Jersey Assistance (Grow NJ) Program is the State’s main job creation and retention incentive program and the Economic Redevelopment and Growth (ERG) program is New Jersey’s key developer incentive program.

Applications submitted to the Grow NJ and ERG programs are evaluated to determine eligibility as defined within the Act. As performance-based programs, approved projects must first generate new tax revenue, complete capital investments, and/or hire or retain employees to receive the approved benefits.

The EDA is no longer accepting applications for assistance under the Business Employment Incentive Program (BEIP), Business Retention and Relocation Assistance Grant (BRRAG) Program and Urban Transit Hub Tax Credit (UTHTC) Programs.

For more information on the expanded Grow NJ Program, please click here.

For more information on the expanded ERG Program, please click here.

To view the Act, click here. 

Click here for a summary of the Act.  Please note that the summary has been updated to reflect EOA 2014, Part 3, enacted October 24, 2014.

There will be a Special EDA Board Meeting on Wednesday, September 18, 2013 at 12 p.m. at EDA Offices, 36 West State Street, Trenton, NJ.

On Thursday evening, September 12, from 5:00 –8:00 PM, EDA will be performing scheduled maintenance on the web servers that host www.njeda.gov, affirmative action and the online application web sites. Because users may experience loss of data when submitting forms, EDA is disabling the online application and affirmative action sites completely during this time.  These areas should be working normally following the maintenance period.  We apologize for any inconvenience this may cause.

The New Jersey Economic Development Authority’s next public Board Meeting will take place at 10:00 a.m. on Thursday, September 12, 2013 at the EDA offices at 36 West State Street, Trenton. A copy of the proposed agenda can be found prior to the meeting at www.njeda.gov/Board. Following the Board Meeting, minutes and the full agenda will also be available at www.njeda.gov/Board.

A Special Meeting of the New Jersey Economic Development Authority (EDA) has been scheduled for Tuesday, August 27, 2013 at 11 a.m. at the EDA offices at 36 West State Street, Trenton.

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, August 21, 2013 at 7:00 pm at the FMERA Office, 502 Brewer Avenue, Oceanport.  Please refer to the FMERA website, www.fortmonmouthredevelopment.com, for public access information. Formal action may be taken at this meeting. A copy of the proposed agenda can be found 48 hours prior to the meeting at the websites of the Fort Monmouth Economic Revitalization Authority: www.fortmonmouthredevelopment.com,