NJEDA Opens Applications for New Emerging Developers Grant
TRENTON, N.J. (June 24, 2024) – Applications for the New Jersey Economic Development Authority’s(NJEDA) $20 million Emerging Developers Grant pilot program are now open. This program will help developers gain access to capital and build additional capacity to expand their existing portfolio by providing grants of up to $250,000 for pre-development soft costs.
WHAT: The Emerging Developer Grant program aims to address various difficulties that continue to be a constant burden to emerging developers, which limit opportunities to expand their portfolios.
WHO: The program will support small-scale developers that have completed at least two – but no
more than five – commercial and/or mixed-use properties of similar scope. Developers interested in applying can take an eligibility assessment here.
WHEN: Applications for the program are open and can be accessed here. Applications will be accepted on a rolling basis or until funds have been completely exhausted.
For More Information:
Visit: www.njeda.gov/emerging-developers/
Email: emergingdevelopers@njeda.gov
About the NJEDA
The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.
To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.
Related Content
October 7, 2026
NJEDA Expands Funding for Food Desert Tax Credit Auction Due to High Demand
TRENTON, N.J. (October 7, 2026) – Due to greater than anticipated demand, the New Jersey Economic Development Authority (NJEDA) will increase the amount of tax credits available to a total of $30 million for the Food Desert Relief Tax Credit Auction.
September 30, 2026
NJEDA to Open Applications for Take Charge Program
TRENTON, N.J. (September 30, 2026) – The New Jersey Economic Development Authority (NJEDA) will open applications for the Take Charge Program on Monday, October 5, 2026.
September 30, 2026
CSIT Recipients to be Honored by Research & Development Council of New Jersey
TRENTON, N.J. (September 30, 2026) – The New Jersey Commission on Science, Innovation, and Technology (CSIT) today applauded the multiple CSIT awardees that will be honored by the Research & Development Council of New Jersey. Three CSIT recipients will be honored with Edison Patent Awards, while Kathryn Carpenter, the Founder & CEO of Cecilia Materials, will receive the Emerging Tech Award.