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NJ extends small-business grant program through July 8

David M. Zimmer
NorthJersey.com

Small-business owners and nonprofit organizations in New Jersey have another week to apply for up to $10,000 in emergency grants amid the coronavirus pandemic, state officials announced Wednesday. 

Initially set to end June 30, the Small Business Emergency Assistance Grant Program has been extended through July 8 to provide the affected with more time to apply for relief. Though most of the $45 million allotted statewide is accounted for, Passaic, Ocean and Essex counties each contributed $10 million to support businesses in their specific communities.

“Our county benefits from every single small business and social service agency in our community,” said Sandi Lazzara, the Passaic County freeholder director. “We urge those who haven’t applied yet to take advantage of this opportunity to help alleviate some of the financial burdens this pandemic has caused.”

Grants are open to businesses and nonprofits with 25 employees or fewer. Money is also available to sole proprietors and home-based businesses.

High demand during the first phase of the program, in April, resulted in the distribution of more than $10 million in grants of up to $5,000. The New Jersey Economic Development Authority had announced a cap of $5 million for the effort.

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In June, Joseph DiVincenzo, the Essex County executive, said the first phase provided a boost for salons, restaurants, gyms and other affected businesses. The second phase is designed to reach a broader group in need of relief, he added.

The second phase is open to all types of 501(c) nonprofit organizations, including veterans’ organizations, membership-based businesses and industry groups, records show.

To apply for a grant, businesses and nonprofits need to certify they were in operation on Feb. 15, 2020, will try not to furlough or lay off employees and have been negatively affected by the outbreak. Applications are online and free to submit.

David Zimmer is a local reporter for NorthJersey.com. For unlimited access to the most important news from your local community, please subscribe or activate your digital account today.

Email: zimmer@northjersey.com Twitter: @dzimmernews