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New Jersey Business Credits and Incentives

Business Retention and Relocation Assistance Act

Funds legacy New Jersey facility retention and relocation projects through job- and investment-based tax credits.

DiscontinuedNew Jersey Division of TaxationUnited StatesDeep-tech · adjacent

Eligibility · New Jersey taxpayers and qualifying New Jersey project activity

The New Jersey Economic Development Authority administered the Business Retention and Relocation Assistance Act as a tax-credit programme for companies deciding whether to keep facilities and jobs in New Jersey or move them into the state. A business had to show that its project would retain or relocate at least 50 employees, include capital investment and produce a net positive benefit for New Je…

Former business-facility retention or relocation projects combining qualifying capital investment with retained or relocated New Jersey jobs.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.—
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 4 Aug 2026Source: www.nj.gov