New Jersey Business Growth Fund (New Jersey)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search


Last modified on February 12, 2015.

EZFeed Policy

Place New Jersey


   
Applies to States or Provinces New Jersey
Name New Jersey Business Growth Fund (New Jersey)
Policy Category Financial Incentive
Policy Type Loan Program
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=694&menuid=1129&topid=718&levelid=6&midid=732



Last Review 2014-09-15



Summary

Creditworthy small or mid-sized companies that are creating or retaining jobs in New Jersey can apply for financing through the New Jersey Business Growth Fund, a joint program of the EDA and PNC Bank. Eligible companies can borrow up to $3 million with a 25% or 50% EDA guarantee. The maximum EDA guarantee is $1.5 million. The funding of can be used to purchase real estate or equipment.



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