NJEDA Seeks Technical Assistance Providers & Financial Institutions to Assist NJ ZIP Applicants

TRENTON, N.J. (July 12, 2023) – The New Jersey Economic Development Authority (NJEDA) is creating a publicly available database of providers that may be able to offer a variety of technical assistance and financial support to help applicants and participants purchasing commercial electric vehicles through the New Jersey Zero-Emission Incentive Program (NJ ZIP). The NJEDA encourages technical assistance providers – such as consulting firms – and financial institutions wishing to provide assistance to complete an intake form here.

WHAT:  The NJ ZIP pilot program is a first-come, first-served voucher program designed to incentivize the adoption of zero-emission medium- and heavy-duty vehicles by New Jersey businesses and institutions, especially those operating within overburdened communities. To date, the NJEDA has approved nearly $40 million in vouchers to over 225 entities, of which over 90 percent are small businesses.

The NJEDA, in partnership with Rutgers – The State University of New Jersey, will offer to share the list of interested technical assistance providers and financial institutions, and their services, to current and potential NJ ZIP participants seeking help with a variety of aspects of electric vehicle purchasing and ownership.

The services provided by the technical assistance providers and financial institutions will be supplemental to those provided by Rutgers University via an agreement entered into earlier this year between the university and the NJEDA. Under the agreement, current and potential NJ ZIP applicants can each receive up to approximately 10 hours of free technical assistance. After that, interested parties can opt to use providers on this list to receive further assistance at their own expense.

Technical assistance services may include, but are not limited to, understanding electric vehicle types, operation and maintenance characteristics, charging/refueling requirements, and performance characteristics. Financial institutions would serve as a potential source of funding for businesses and organizations as they look to purchase electric vehicles. Engagement with this database is purely voluntary.

All interested respondents will negotiate all financing terms and service fees directly with the NJ ZIP awardees or applicants and engage and enter into any agreement at their own risk. Inclusion in this list in no way serves as an endorsement or approval of any kind by the NJEDA. 

In line with the Murphy Administration’s transportation decarbonization priorities, NJ ZIP aims to expedite the adoption and use of clean-energy vehicles for business owners to reduce harmful greenhouse gas emissions and bolster the state’s clean energy economy.

WHERE: Interested entities should visit https://www.njeda.gov/nj-zip-technical-assistance-and-financing-business-form/ to submit their information. Please direct any questions to the NJ ZIP help desk through Rutgers University via email at njzip-help@ejb.rutgers.edu or by phone at 732-790-0663.

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.

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