NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Officials from the governor’s office characterize reopening as a success from the perspective of preventing the spread of COVID-19, though they emphasize that more work needs to be done. From NJBIA’s point of view, however, the pace of reopening, given the fact that our numbers continue to trend in the right direction, is threatening the […]
The Federal Reserve Board on Friday modified the Main Street Lending Program to provide greater access to credit for nonprofit organizations such as educational institutions, hospitals, and social service organizations. As detailed in term sheets released today, the Board approved two new loan options to provide support to a broad set of nonprofit organizations that […]
Following up on Governor Murphy’s announcement last week committing $50 million to the EDA for grants to support small businesses hurt by the COVID-19 shutdown, the New Jersey Economic Development Authority (NJEDA) voted today to add $5 million to April’s oversubscribed grant program for those already in the queue and use $45 million for a […]
The federal Paycheck Protection Program’s (PPP) rules on how the forgivable business loans can be spent and the unrealistic eight-week timeframe need to be changed to save small businesses from going under as a result of the coronavirus pandemic, NJBIA said Friday. In comments to the U.S. Small Business Administration, which administers the program with […]
Participants in the second class of the New Jersey Economic Development Authority (NJEDA) and African American Chamber of Commerce of New Jersey’s (AACCNJ) Small Business Bonding Readiness Assistance Program have to date qualified for $5.6 million in surety bonding that will better position these firms to bid on public contracts. The program launched in 2019 […]
Everything you need in one email.
© 2019 NJBIA. All rights reserved.
New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
If you need assistance, contact our membership department at 609-393-7707, ext. 2673.