No matter where we live or what’s our situation, the chances that once in our lifetime we go through tough times are high.
Lucky for New Jersey residents, there are numerous new jersey grants and financing options available to help them get through them.
Whether you are a small business owner who needs help redecorating their space, or you are a young mom who requires child care assistance, the state of New Jersey offers personal, state, and federal grant options to help make your life just a little bit easier.
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How Can I Get Financial Assistance in New Jersey?
Determining how to obtain financial assistance while living in New Jersey can be essential if you are going through a tough time.
Seeing what resources to use to receive child support, disability services, unemployment help, or health care services can provide you with the required assistance in your local area.
Fortunately for New Jersey residents, there are numerous resources at the state and local levels.
They help you find job opportunities in your town and get the funds necessary for kids’ school supplies.
Some of the most common resources that are available to New Jersey residents include:
- Child Care Financial Assistance (state subsidies for child care)
- Temporary Assistance for Needy Families (TANF)
- Children’s Health Insurance Program (CHIP)
- Women, Infants, and Children program (WIC)
- Supplemental Nutrition Assistance Program (SNAP)
- Low-Income Energy Assistance Program, and
- Child and Adult Care Food Program (CACFP).
What Grants Are Available in New Jersey
There are numerous grants available in the state of New Jersey for residents who require extra financial assistance or resources.
N.J. residents can look online to find state funding resources, information regarding proposal writing, state grants, private grants, library grants, Nonprofit Management Research guides, and much more.
State Funding Resources
There are various state grants available by the state of New Jersey that can help individuals with their financial standing.
Some of the most common governmental organizations that provide grant money by the N.J. State include:
- Business Financing and Incentives
- Commission on Higher Education
- Commission on National and Community Service
- Cultural Trust
- Community Affairs
- Department of Health and Senior Services
- Department of Labor,
- And many more…
Federal Funding Resources
The most common federal funding resources from the state of New Jersey include Grants.gov, SAM.gov, and Federal Register.
- Grants.gov – This database provides access to almost a thousand grant opportunities from federal agencies.
- SAM.gov – This official government website provides a register for those who manage federal grants.
- Federal Register – This publication includes the rules and notices for the grants of all Federal agencies.
In addition, there are U.S. Departmental Agencies that provide grants for New Jersey citizens, such as the following:
- Department of Agriculture
- Department of Commerce
- Department of Education
- Department of Energy
- Department of Health and Human Services
- Department of Homeland Security
- Department of Labor
- Department of Transportation
Private Foundation & University
In addition to the state and federal funding, there are also the private foundation and university grants for residents.
Private grants require identifying a grantmaker who can work hand-in-hand with the receiver of the great and ensure their morals, goals, and long-term plan align.
For those who require financial aid, they can begin looking at websites, social media offerings, IRS filings, requests for proposals (RFPs), and non-profit organizations to identify the person to work with.
N.J. residents who need more information regarding private foundation and university grants should consider looking at Candid Learning to figure out how to find grants, how to find more information on corporate giving, and how to connect with potential grant owners.
Funding Resources
Furthermore, residents can browse the Foundation Directory Online to see the list of all grantmakers within the state of New Jersey.
This database offers an Essential and professional database that houses thousands of U.S. foundations, grantmaking public charities, corporate giving programs, and private grantmakers.
Other helpful grant funding resources for N.J. residents include Grantmakers.io and Community Philanthropy Directory, both of which make the grantmaker search more accessible, quicker, and seamless for those who know what they are looking for in grant funding.
Lastly, New Jersey state residents can visit one of the many Funding Information Network locations in person to find out more about how they can make ends meet.
Luckily for residents, there are multiple locations across the state, ranging from Warren Township Branch to Mulock Family Library.
Corporate Giving Programs
The last type of financial support New Jersey state residents can obtain from the state and government are corporate giving programs that help give back to the local community.
There are corporate giving programs all across the entirety of the state that provides product donations, volunteers, matching gift programs, or contributions.
What is the NJEDA Grant?
The NJEDA Grant is a grant from the New Jersey Economic Development Authority.
This organization helps the state’s economy at a state and local level by helping foster community development, and inclusivity that benefits the entirety of the state, ranging from Atlantic City to Union County!
NJEDA works together with various stakeholders and New Jersey small businesses to help facilitate growth and provide job opportunities for those across the state.
The NJEDA Grant is a Small Business Emergency Assistance Grant Program that provides grants of up to $20,000 to small and medium-sized businesses and nonprofits that lost business during Covid-19.
Who is Eligible for the NJEDA Grant?
New Jersey small businesses, medium-sized businesses, and non-profit organizations are free to apply for the NJEDA Grant Program.
Types of NJEDA Grants Available
Luckily for business owners and individuals, there are various NJEDA grants available to apply for, depending on your specific circumstance.
NJEDA Small Business Improvement Grant
The NJEDA Small Business Improvement Grant offers a money back to businesses that spent a hefty margin on costs for building improvements, new decorations, or equipment.
Business owners can earn 50% back up to $50,000 in project costs.
This way, business owners can be reimbursed for costly purchases they spent to improve the state of their business or the business’ building.
- Small businesses and non-profit organizations are available to apply for this small business grant.
NJEDA Aspire Program
The NJEDA Aspire Program is a financial incentive that helps support real estate development projects that replace the Economic Redevelopment and Growth Grant in New Jersey state.
- Businesses that can demonstrate they require the grant to be economically feasible, demonstrate a gap exists in the housing market, and show the project will result in a positive benefit for community development can apply for this program.
- The baseline tax credits available include up to 45% of $42 million.
NJEDA Emerge Program
The NJEDA Emerge Program fosters economic growth in specific areas around the state of New Jersey by providing tax credits to projects that put their money towards the state and create numerous job openings.
- Eligible businesses must create at least 35 new jobs, meet capital investment requirements, ensure 80% of employee work time is spent in New Jersey, and ensure the business can accommodate at least 50% of the new job openings.
- The program grant award is determined on a per-job basis.
New Jersey Economic Recovery Act
The New Jersey Economic Recovery Act combines grant programs, tax incentives, and financing options that will benefit the aftereffects of the void-19 pandemic by increasing capital investment, strengthening the economy, revitalizing the brownfields, providing resources to small businesses, and supporting local supermarkets.
How To Qualify for a Grant in New Jersey?
Individuals who are applying for a personal grant in the state of New Jersey must meet the following criteria:
- New Jersey resident
- Registered business in the state of New Jersey
- Preferred: Business in the medicine, education, tech, scientific, or research field
Individuals who are applying for a federal grant should check their eligibility before applying by registering through Grants.gov and inputting their information.
Eligibility Criteria
Since there are various types of grants available to N.J. Residents – such as personal grants, business grants, non-profit grants, and federal grants – have different criteria depending on which one you apply for.
For example, a personal grant will have other criteria than a typical federal grant.
Checking the eligibility criteria on the N.J. website and the federal grant website can provide more information regarding the specific grant.
How to Apply for New Jersey Grants
Individuals who wish to apply for New Jersey grams should visit the New Jersey Department of Education Office of Grants management website to see the currently available grant opportunities.
There is an updated list regarding which grants are available and their application end date.
Clicking on the specific grant will then direct you to the application process for that particular grant.
Application Process
There are three basic steps in the New Jersey grant application process:
- Research the Grant Information – Eligible applicants should research the specific grant that works best for their financial needs by evaluating the goals of the grant program and the eligibility requirements.
- Project guidelines – Applicants should read details about the purpose of the program to see if their project or circumstance will qualify and gather all necessary documentation to support the application.
- Complete the application – The last step of applying for an NJ Grant is to complete the application by using the online Checklist to ensure all components and paperwork are completed.
Final Thoughts
As you can see, it is relatively simple to apply for a grant in the state of New Jersey.
Whether you need extra financial help, supplies, resources, or guidance, New Jersey can offer personal, federal, and state options to help you make ends meet.
If you are a New Jersey resident, looking online at the state resources can help you determine which grant is best for your specific needs and the application process.
