Business Development Resources
SCORE provides the largest network of volunteer mentors. Every year, SCORE volunteers help thousands of entrepreneurs start small businesses and achieve new levels of success in their existing businesses. Learn more.
Business Loans, Grants & Incentives
The New Jersey Economic Development Authority (EDA), the state’s economic development “bank,” manages loan, grant and incentive programs to attract new businesses to the state and to help existing businesses grow and create jobs. Contact EDA
EDA Programs for Small and Mid-Size Companies (5-100 employees) include:
- Grow New Jersey Assistance Program — Grants of corporate business and insurance premiums tax credits for job creation/retention through the Grow NJ program.
- Statewide Loan Pool — EDA loans and loan guarantees up to a combined maximum of $2 million for fixed assets and $750 thousand for working capital.
- NJ Business Growth Fund — Credit-worthy companies with revenues under $30 million that are creating or retaining jobs in New Jersey may qualify for up to $3 million through this joint program with PNC Bank.
UCEDC, a Non-Profit Economic Development Corporation
UCEDC is a nonprofit SBA lender and business training organization focused solely on helping new and established small businesses throughout New Jersey. Look to UCEDC for financing options from $5,000 to $5 million when your bank says ‘No’. Learn more.
New Jersey International Trade Assistance Programs
- NJ Office of International Business Development and Protocol – Access to free export and import consulting, identify financing opportunities and identify buyers and new international markets for your products or services.
- US Export Assistance Centers – Each US Export Assistance Center is staffed by professionals from the SBA, the U.S. Department of Commerce, the US Export-Import Bank, and other public and private organizations.
Other Small Business Financing Programs: