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NJ

NJEDA Small Business Lease Grant

Grant support for New Jersey small businesses and nonprofits leasing new or expanded space.

About this program

The NJEDA Small Business Lease Grant provides grant funding to offset a portion of annual lease payments for eligible New Jersey small businesses and nonprofits that lease new or additional first-floor office, retail, or industrial space.

Eligibility

Eligible New Jersey small businesses and nonprofits with no more than 50 full-time equivalent employees and no more than $5 million in annual revenue that sign qualifying new or amended leases.

Requirements

  • Sign a qualifying lease or amendment for eligible space
  • Meet employee and revenue limits
  • Provide lease, tax clearance, and business documentation