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The Technology Business Tax Certificate Transfer Program enables qualified, unprofitable New Jersey-based technology or biotechnology companies with fewer than 225 U.S. employees (including parent company and all subsidiaries) to sell a percentage of their net operating losses (NOL) and research and development (R&D) tax credits to unrelated profitable corporations.
The Application Deadline is June 30. Application must be submitted via the EDA’s online application system by 11:59 p.m. Friday.