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Small Business Lease Grant

Small Business Lease Grant

Funds New Jersey small-business lease costs by reimbursing part of recurring facility expenses.

ClosedNew Jersey Economic Development AuthorityUnited StatesEligible in New Jersey
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About

The Small Business Lease Grant is a New Jersey Economic Development Authority (NJEDA) program that reimburses qualifying small businesses and nonprofits for a portion of their commercial lease costs in New Jersey. The grant pays two installments, each equal to 20% of the applicant's annual lease amount — the first disbursed after the grant agreement is executed, the second after 12 months of verif…

What this grant funds

Commercial lease cost reimbursement for New Jersey small businesses and nonprofits occupying first-floor space under a qualifying long-term lease, providing two payments each equal to 20% of the annual lease amount.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.12 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Timeline

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Last verified: 24 Jul 2026Source: www.njeda.gov