NJEDA to Open Applications for Route 80 Business Assistance Grant Program Next Week

TRENTON, N.J. (April 15, 2025) – The New Jersey Economic Development Authority (NJEDA) will open applications for the Route 80 Business Assistance Grant Program on Tuesday, April 22, at 10:00 a.m. The grant program will support small businesses in Morris County that have experienced a decline in revenue due to the lane closures on Route 80 caused by the ongoing sinkhole repairs.

WHAT:            The Route 80 Business Assistance Grant Program will provide grants ranging from $1,000 to $15,000 to businesses and non-profits located in close proximity to Route 80’s Exit 34, the epicenter of the sinkholes causing traffic disruptions.

WHO:              Eligible applicants include small businesses and non-profits that have up to 50 full-time employees. Businesses must be located in Morris County and within a five-mile radius of Route 80’s Exit 34. Applicants must also certify a negative financial impact of at least $1,000 for the first quarter of 2025.

WHEN:           Applications for the program will open Tuesday, April 22, 2025, at 10:00 a.m. and will be accepted on a first-come, first-served basis until funds are exhausted. For more information about the program and to apply, click here.

                        The NJEDA is hosting several information sessions for small business owners interested in learning more about the program, its eligibility requirements, and application process. The next information session is a webinar and will be held tomorrow, Wednesday, April 16, 2025 at 6:00 p.m. Click here to join.

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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