Business Retention and Relocation Assistance Grant (BRRAG) (New Jersey)

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Last modified on February 12, 2015.

EZFeed Policy

Place New Jersey


   
Applies to States or Provinces New Jersey
Name Business Retention and Relocation Assistance Grant (BRRAG) (New Jersey)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator N.J. Economic Development Authority
Primary Website http://www.njeda.com/web/Aspx_pg/Templates/Npic_Text.aspx?Doc_Id=870&menuid=1252&topid=718&levelid=6&midid=1175



Last Review 2014-09-15


Information Source http://www.njeda.com/web/Aspx_pg/Templates/Pic_Text.aspx?Doc_Id=799&menuid=1188&topid=718&levelid=5&midid=1175


Summary

A business relocating operations within New Jersey and retaining jobs, or a business maintaining jobs at a current location and making a qualified capital investment is eligible for corporate business tax credits through the Business Retention and Relocation Assistance Grant (BRRAG) program. Eligible businesses can receive credits up to $2,250 per year for up to six years, per job retained in the State.



Policy Contact

Department New Jersey Economic Development Authority

Address PO Box 990
Address 2 36 West State Street
Place Trenton, New Jersey
Zip/Postal Code 08625-0990
Phone (609) 858-6700


Email CustomerCare@njeda.com
Website http://www.njeda.com/web/Aspx_pg/Templates/Pic_Text.aspx?Doc_Id=89&midid=729&menuid=729&topid=717
     
     


















References