Ways for Businesses and Non-Profits to Obtain COVID-19 Grants and Loans Information (Revised 4/1/20)
The State of New Jersey has shared this link to a tool that can help funnel business owners and non-profits to the right products in response to COVID-19. https://assistance.business.nj.gov/.
The New Jersey Economic Development Authority (NJEDA) has people online to answer questions 12 hours a day, plus can provide direct (for NJ and EDA programs) and indirect (for Federal programs) guidance on all of the current and just-created funding assistance options (loans/grants): https://faq.business.nj.gov/en/collections/2198378-information-for-nj-businesses-on-the-coronavirus-outbreak
NJEDA has partnered with four organizations to offer support services to businesses seeking federal financial assistance through SBA programs. These organizations will help small business owners file their applications through the SBA to receive working capital loans to help them survive this crisis.
• African American Chamber of Commerce of New Jersey (AACCNJ)
• New Jersey State Veterans Chamber of Commerce
• Rising Tide Capital
• Statewide Hispanic Chamber of Commerce of New Jersey (SHCCNJ)
The Small Business Administration Office at Stockton University is requesting that interested businesses complete the attached “Client Intake Form” and fill out the blocks highlighted in yellow. Completed forms should be emailed to Carol Waties at (Carol.Waties@stockton.edu) or Cynthia Kelly at (Cynthia.Kelly@stockton.edu). Businesses that submit forms will be scheduled to have their questions answered and receive assistance in completing their applications. https://njsbdc.com/njsbdc-at-stockton-university-in-atlantic-city
New Jersey Community Capital has launched the Garden State Relief Fund which provides loans to groups that lack access to conventional capital. Businesses and non-profits with 3 to 50 full time employees are eligible. NJCC will aim to process applications in 14 days.
The James Beard Foundation Food and Beverage Industry Relief Fund is being established to provide critical financial assistance to small, independent restaurants that, due to the COVID-19 national disaster, have an immediate need for funds to pay set operating expenses and keep from going out of business. For more information go to: https://www.jamesbeard.org/relief-fund-faqs
The Community Fund of South Jersey is providing grants to non-profits, see link below: