Financing and incentives

Programs to provide businesses with low-interest financing through bonds, loan participations, loan guarantees, and variable or fixed-rate loans.

Financing and incentives

The NJEDA has a long history of supporting businesses of all sizes to grow and invest in New Jersey. We offer a broad portfolio of economic development tools such as: jobs-based tax credits, real estate and development tax credits, community development programs, main street technical assistance, innovation economy programs, clean energy programs, and low-interest business financing (including bonds, loan participations, loan guarantees and variable/fixed-rate loans).  Click the programs below to learn more. 

NEw Jersey Economic Recovery Act

Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020 (ERA) into law on January 7, 2021. The ERA creates a package of tax incentive, financing, and grant programs that will address the ongoing economic impacts of the COVID-19 pandemic and build a stronger, fairer New Jersey economy.

Programs outlined in the law include:

  • Tax credits to incentivize job creation and capital investment;
  • Investment tools to support and strengthen New Jersey’s innovation economy;
  • Tax credits to strengthen New Jersey’s communities including revitalization of brownfields and preservation of historic properties;
  • Financial resources for small businesses, including those impacted by the COVID-19 pandemic;
  • Support for new supermarkets and healthy food retailers in food desert communities;
  • Additional tax credits for film and digital media.


Activation, Revitalization, and Transformation (ART) Program
Angel Match Program
Aspire Program (NEW)
Bond Financing
Brownfield Redevelopment Incentive​ (NEW)
Cannabis Joint Equity Grant Program
Cannabis Seed Equity Grant Program
Child Care Facilities Improvement Program
Commuter and Transit Bus Private Carrier Pandemic Relief and Jobs Program
Construction Inflation Fund
Direct Loans
Emerge Program (NEW)
Film & Digital Media Studio Infrastructure Program
Film and Digital Media Tax Credit Program
Food Desert Relief Tax Credit Auction
Food Desert Relief Tax Credit Program
Food Retail Innovation in Delivery Grant (FRIDG)
Food Security Planning Grant Program
Historic Property Reinvestment Program​ (NEW)
Historic Property Survey Grant Program
Main Street Lenders Grant
Main Street Micro Business Loan
New Jersey Asset Activation Planning Grant
New Jersey Clean Energy Loans: NJ CELs
New Jersey Indoor (NJ) Amusement Park Grant Program
New Jersey Innovation Fellows Program
New Jersey Manufacturing Voucher Program
NJ Entrepreneur Support
NJ Innovation Evergreen Fund​ (NEW)
Premier Lender Program
Recovery Loan Loss Reserve Fund
Salem County Energy Sales Tax Exemption
Sales and Use Tax Exemption Program
Small Business Bonding Readiness Assistance Program
Small Business E-Commerce Support Program
Small Business Fund
Small Business Improvement Grant
Small Business Lease Grant
Sustain and Serve NJ
Urban Enterprise Zone (UEZ) Manufacturers Energy Sales Tax Exemption
Wineries and Vineyards

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