COVID-19 Resources for Businesses and Non-Profits
Private business owners and non-profit organizations have been seriously impacted by COVID-19. Below, we have tried to highlight the topics that we are asked about frequently. If you do not see the topic that you are looking for, please visit our state's COVID-19 website.
News and Resources for Non-Profit Organizations
The Center for Non-Profits created Going Forward: Best Practices and Considerations for Non-Profit Reopening in an effort to assist vital organizations in our state as they adjust to our new environment. The guide is intended to be used as a framework, with the expectation that your organization's recovery will require responsiveness to a continuously shifting environment. This is not a legal guide or official directive, but rather a tool to give you food for thought and connections to additional resources. Information is changing rapidly. Visit the Center’s COVID-19 online resource page for their latest guidance.
News and Resources for NJ Business Owners and Non-Profits
Grant and Loan Availability from State - The Administration is committing $50 million in CARES Act funding to the New Jersey Economic Development Authority (EDA) to develop programs to support small businesses impacted by the COVID-19 pandemic. The funds will primarily be used to provide grants that will serve as a vital lifeline for the thousands of small businesses struggling during these unprecedented times.
A package of initiatives from the EDA includes a grant program for small businesses; a zero-interest loan program for mid-size companies; support for private-sector lenders and Community Development Financial Institutions (CDFIs); funding for entrepreneurs; and a variety of resources providing technical support and marketplace information. Taken together, they will provide more than $75 million of State and private financial support, with the opportunity to grow to more than $100 million if additional philanthropic, State, and federal resources become available. The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives. Find out what is available and how you can apply for assistance here.
New Jersey Business Action Center - If you have business-related Coronavirus-19 questions, you are welcome to call the New Jersey Business Action Center (8 am–5 pm) at 1-800-JERSEY-7 or to talk with the office personnel using a live online chat feature on their site.