Federal and State grants and aid are starting to get rolled out in response to the pandemic. For some, the earlier you apply the better your chances of getting relief. As with most Federal and State grants and aid, be prepared to have your paperwork together. And don’t forget to follow applicable Covid-19 business restrictions. Stay safe!
“Beginning Friday at 9 a.m., thousands of businesses across the Garden State that have been financially hit by the COVID-19 pandemic and its ensuing mass closures will have the opportunity to get at least some relief from the state. The New Jersey Economic Development Authority’s $5 million grant program will go live then, and the application will be live for a whole week. “I’d be shocked if we don’t have to close it earlier because of the oversubscription,” EDA Chief Executive Officer Tim Sullivan cautioned at a webinar on the grant program, which the agency said drew out more than 5,000 attendees. Businesses up and down the state have been forced to drastically cut operations because of a steep drop in customers as residents stay home to avoid spreading the virus,and as Gov. Phil Murphy orders significant closures of “non-essential” brick and mortar shops.”
Read: Federal, NJ grants and aid: How to get them at NJBIZ
Shared by Geoffrey G. Gussis, Esq., a business lawyer and technology lawyer licensed in New Jersey and New York. Learn more about me, the legal services I provide, and articles I have written. Contact: firstname.lastname@example.org or (732) 898-0549 or (646) 389-2946 for a free consultation.
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