The New Jersey Economic Development Authority (EDA) has a long history of supporting growth in New Jersey for businesses of all sizes, but support of small to mid-sized businesses has always been one of EDA’s top priorities. With the creative and versatile loan solutions available to small to mid-sized businesses through the EDA, now is an opportune time to contact EDA to determine if any of its programs may be the right fit for your business’ needs.
EDA also offers a full range of programs to help support large corporations in New Jersey. Its incentives continue to appeal to existing large companies in the State, as well as those considering New Jersey as a future home. Low-interest financing through bonds, direct loans, loan participations/guarantees, grants, and tax incentives rank among the key reasons for large corporations to conduct business in New Jersey.
EDA is committed to nurturing the development of new technologies and ensuring that the State continues to be a leader in innovation, offering a full range of programs and services to fuel the continuing growth of core industries vital to the State’s economy, including:
- Life Sciences
- Clean Energy
- Information and Communication Technologies
So whether you are an early-stage company, a research and development firm, a manufacturer, a service provider or other established life sciences or technology business, the EDA may have the financing, real estate development and technical assistance tools to meet your specialized needs.
In order to promote a green economy in New Jersey, the EDA has created Clean Energy Solutions (CES). This suite of financing programs includes interest-free loans and grants to ensure that commercial, industrial and institutional entities have the resources they need to grow and prosper while simultaneously reducing New Jersey’s carbon footprint. Ultimately, CES supports New Jersey’s commitment to clean and renewable energy. Whether you are a New Jersey-based company “going green,” a manufacturer of clean energy systems or products, or an innovative company developing new green technology, Clean Energy Solutions may be able to help.
Depending on your needs, the EDA may have a financial solution that can work for you. Find out more about the EDA’s financing programs at http://www.njeda.com.
For information about other public financing resources, visit the New Jersey Business Action Center’sFinancing and Incentives webpage at http://www.nj.gov/njbusiness/financing.