Small Business Lease Grant
Funds New Jersey small-business lease costs by reimbursing part of recurring facility expenses.
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…
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.
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