The NJEDA has opened up applications for its small business lease assistance program; something that all small businesses should check out the program before leasing to see if their location and use will be eligible.
“New Jersey Economic Development Authority CEO Tim Sullivan: “Supporting small businesses that create good jobs for residents is a critical component of Gov. Murphy’s plan to invest in communities.” The New Jersey Economic Development Authority has opened up applications for its Small Business Lease Assistance Program, it announced Wednesday…The NJEDA said its program reimburses small businesses and nonprofits 15% of annual lease payments for two years when they rent market-rate, first-floor office, industrial or retail spaces in targeted cities throughout the state for a minimum of five years. The NJEDA also said it will only provide reimbursements on the first 5,000 square feet of leased space.”
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: email@example.com or (732) 898-0549 or (646) 389-2946 for a free consultation.
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