The New Jersey Economic Development Authority has received $50 million in additional funding via the federal CARES Act. The money is being used to create Phase 2 of the NJEDA’s Small Business Emergency Assistance Grant Program. Hear from Tim Sullivan, CEO of the NJEDA, about who is eligible for this new round of funding and when the application process will open.
UPDATE 6/2/20: The NJEDA says the application will be open June 9.