Economic Recovery Tax Credit
Funds business investment and new full-time jobs in qualified New Jersey municipalities through a corporation tax credit.
The New Jersey Division of Taxation administers the Economic Recovery Tax Credit for companies conducting business in a municipality covered by the Qualified Municipality Open for Business Incentive Program. A taxpayer may claim the credit against Corporation Business Tax when it operates at a qualifying location and is not receiving a benefit under the New Jersey Urban Enterprise Zones Act. The b…
Business expansion in a qualified municipality, including investment at the location and the creation of new full-time positions.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Sign up free to see what you submit
Sign up free to see where teams trip up
Guides for this application
All guides →Grant Work Plan Template: Work Packages, Gantt, Milestones, and Risks
Use this grant work plan template to structure work packages, tasks, owners, deliverables, Gantt timing, dependencies, and risk registers.
Submit & reportGrant Reporting Requirements: Post-Award Reports and Compliance
Learn what grant reporting requirements cover, how financial and performance reports work, what to track after an award, and how to avoid post-award compliance mistakes.
Find grantsHow to Find Startup Grants for Deeptech and R&D Companies
A practical grant-search workflow for deeptech founders: where to find startup grants, how to filter official portals, and how to build a shortlist before writing.
More from NJ Division of Taxation
All grants from this funder →Effluent Equipment Tax Credit
🇺🇸NJ Division of Taxation · United States
Funds New Jersey industrial water-reuse equipment through a credit covering half of eligible purchase costs.
Manufacturing Equipment and Employment Investment Tax Credit
🇺🇸NJ Division of Taxation · United States
Funds New Jersey manufacturing equipment and related employment growth through investment and job-based tax credits.
New Jobs Investment Tax Credit
🇺🇸NJ Division of Taxation · United States
Funds new or expanded New Jersey business facilities that create permanent jobs through five annual tax-credit instalments.
Redevelopment Authority Project Tax Credit
🇺🇸NJ Division of Taxation · United States
Funds qualifying non-retail businesses in New Jersey redevelopment project areas through a two-year employee tax credit.
Research and Development Tax Credit
🇺🇸NJ Division of Taxation · United States
Funds qualified scientific and engineering research performed in New Jersey through an incremental tax credit.
Urban Enterprise Credits
🇺🇸NJ Division of Taxation · United States
Funds certified New Jersey Urban Enterprise Zone businesses through employee or small-business investment tax credits.
Similar grants
Browse the directory →
PA R&D Tax Credit
🇺🇸PA Department of Revenue · United States
Supports Pennsylvania firms through tax credits for qualifying innovation expenses, lowering effective innovation costs.
Georgia Job Tax Credit
🇺🇸GDEcD · United States
Supports Georgia companies that add jobs in qualifying counties through annual job-based tax credits.
Job Creation Tax Credit (JCTC)
🇺🇸MD Commerce · United States
Supports Maryland employers creating qualifying new jobs with income tax credits for workforce expansion.
NM High Wage Jobs Tax Credit
🇺🇸NM TRD · United States
Supports New Mexico employers creating higher-paid jobs through a refundable wage-based tax credit for qualifying hires.
Innovate Alabama Tax Credit Program
🇺🇸Innovate Alabama · United States
Supports Alabama small businesses with state tax credits for innovation investment and commercialization growth.
Qualified Jobs Incentive Tax Credit
🇺🇸RI Commerce · United States
Provides Rhode Island employers a sustained hiring incentive for creating qualifying full-time local jobs.