NJEDA Is the Go-To Agency
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PROGRAM DETAIL SMALL BUSINESS LEASE GRANT PROGRAM SUMMARY Help for Leasees The goal of this program is to encourage the adoption of 5-year leases (most
Grant-hunting: Time for Triage
With budget cuts looming, you need to triage your grant applications. We’l triage on the basis of ‘nearest end date first’. We’re betting that the
NJEDA Budget Cuts Ahead
According to the President of the State Chamber of Commerce, the upcoming state budget announcement on February 25 will include drastic budget cuts, including cuts
Lease Grant
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Acquisition Grant
Small Business Improvement Grant
Small Business Fund
Storage Services
Sector-Specific Support
*Opportunity Zones
Opportunity Zones are designated low-income areas where investment is encouraged via capital gains tax deferrals and low-cost loan access and set-asides. Worth financial consideration. Just search ‘opportunity zones near me’.
RISK MANAGEMENT
Suggested Submission Process
1
Confirm your eligibility.
Confirm you meet ALL eligbility requirements. Look at it the way NJEDA will in its first round: Look for disqualifyng factors; red-pen strikeouts are first.
2
Discuss Lease Grant with your landlord.
If you already have a 5-year lease executed within the past 12 months, your landlord just needs to fill out a form. If you’re switching to a 5-year from a 3-year, it requires lease changes and is a bit more complicated.
If your landlord doesn’t want to change anything and won’t work with you on this, move on and look for a different program. An uncooperative landlord is the no. 1 reason more Lease Grant applications are not submitted.
3
Triage the process.
Complete as many application requirements as you can before signing the new lease, which must be signed within 12 months prior to application date. You don’t want to sign a new lease and then find you’re ineligible for the grant. The goal is to minimize that risk.
Stress-free applying
Guidance to Any Degree
JerseyGrants is a service of Web Samurai For Hire, a digital development agency that provides grant application assistance as well as website construction and management, podcasting gear rentals and guidance, Chamber of Commerce optimization, and online business services.
Our JerseyGrants goal is to assist you in securing a grant, loan, or other support program that helps you realize your dream of running your own business or non-profit.
The funding for these programs was allocated because our elected officials recognize the importance of a strong local business base to a healthy community.
- Contact us for a custom quote.
- Guidance available pre-submission.
- Valuable tips & insight
- As-necessary Round 2 changes included.
always on your side.
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