NJ Update: Low Cost Loans for Small and Micro Businesses, Anti-Discrimination Rules Update, & More

Apr 15, 2026

Last Call: Training Organizations Can Apply for Up to $800,000 in Green Workforce Grants

Organizations that provide workforce training and job placement services can apply for grants between $500,000 and $800,000 to develop green economy training programs. The Green Workforce Training Grant Challenge supports training in renewable energy, energy efficiency, sustainable manufacturing, and other green industries.

Eligible applicants include community colleges, vocational training providers, nonprofits, and other entities offering skill development and workforce services. Grants cover design, planning, capital costs, and program implementation. The program prioritizes serving overburdened communities.

Applications close April 20 at 5:00 p.m. For more information, visit the application link or watch this presentation.

Apply Now


Micro Businesses Can Access Low-Cost Loans from 7 New Lenders

New Jersey has approved seven new lenders offering low-cost working capital loans to micro businesses. Loans range from $10,000 to $100,000 with interest rates capped at 5%, no prepayment penalties, and no payments required for at least 12 months.

Eligible businesses must have fewer than 10 full-time employees and less than $1.5 million in annual revenue. Loans can fund equipment, payroll, marketing, inventory, rent, utilities, and other operational costs.

The seven approved lenders serve different regions and business types across New Jersey. Applications are open now.

Learn More


Employers, Landlords, and Contractors: Make Sure Your Policies Don’t Discriminate

New Jersey adopted rules clarifying when business policies violate anti-discrimination law even without discriminatory intent. The rules affect employers, housing providers, lenders, restaurants, schools, and contractors.

A policy can be illegal if it hurts one group more than others based on race, religion, gender, disability, or national origin. Examples include automatic rejections based on credit scores, criminal history restrictions, and certain hiring requirements.

The rules took effect December 15, 2025. Review your policies now using our plain-language guide.

Review Guide


Early-Stage Companies Can Apply for Up to $1M in Matched Growth Capital

New Jersey matches outside investment dollar-for-dollar for early-stage product companies raising capital. The Angel Match Program provides convertible notes from $100,000 to $1,000,000 with a 10-year maturity, 3% interest rate, and no payments for the first seven years.

To qualify, companies must secure matching funds from qualified investors (angel funds, family offices, investment partnerships, or organized angel groups) and close external investments within 60 days of NJEDA approval. Employee or family investments don’t qualify.

Eligible companies must have at least $100,000 in trailing 12-month sales revenue from core products, fewer than 225 employees, at least 50% of full-time employees in New Jersey, and be structured as a C-Corporation or LLC. Applications are open now.

Learn More


Small Businesses and Nonprofits Can Apply for Up to $500,000 in Loans

New Jersey offers loans up to $500,000 for fixed assets or working capital through the Small Business Fund. Small businesses with credit scores of 680 or higher qualify. Nonprofits with 1.0X historical debt service coverage qualify.

Eligible businesses must have $3 million or less in annual revenue and operate in New Jersey for at least one year (three years for nonprofits). Fixed asset collateral required, such as real property or machinery. Home-based businesses are not eligible.

Interest rates are based on the 5-Year US Treasury rate with adjustments for creditworthiness. Application fee is $300.

Apply Now


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