1 result for “small business lending”
This October 11, 2018 New Jersey Economic Development Authority board agenda addresses four new economic development programs and multiple grant applications. The Authority requested approval for the 21st Century Redevelopment Program and Innovation Challenge Program, both funded through the Economic Recovery Fund, as well as launch of the "Access" pilot lending program for New Jersey small businesses and adoption of regulations for the Offshore Wind Economic Development Tax Credit Program. Under the Grow New Jersey Assistance Program, the agenda approved grants for Keyme, Inc. in Jersey City (estimated annual award of $546,720 for 10 years, eligible for Transit Oriented Development and Manufacturing bonuses) and Neumann Gruppe USA, Inc. in Hoboken (estimated annual award of $315,000 for 10 years, eligible for Transit Oriented Development bonuses). The agenda also included consent requests for second six-month extensions for three existing grant recipients: Audible, Inc., Jackson Hewitt Inc. & Subsidiaries, and Resintech, Inc.
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