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Program

New Jersey Business Credits and Incentives

Funds qualifying New Jersey business investment, research, production and employment through tax credits and legacy incentives.

New Jersey Division of TaxationUnited StatesGrantTax credit

The New Jersey Division of Taxation administers business tax credits created under separate state laws, often alongside the New Jersey Economic Development Authority. Each programme has its own project, taxpayer, location and claim rules. Current tax-return credits and legacy incentives are distinguished by their status so a founder can separate an available claim from a programme that no longer a…

Climate TechEnergy TechHardwareAdvanced ManufacturingMedtech

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Business Employment Incentive Grant
Discontinued

Funds only legacy New Jersey business-expansion projects that created qualifying jobs, with lower thresholds for technology companies.

— pool
Business Retention and Relocation Assistance Act
Closed

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

— pool
Economic Recovery Tax Credit
Open

Funds business investment and new full-time jobs in qualified New Jersey municipalities through a corporation tax credit.

— pool·Rolling submission
Effluent Equipment Tax Credit
Open

Funds New Jersey industrial water-reuse equipment through a credit covering half of eligible purchase costs.

— pool·Rolling submission
Garden State Film and Digital Media Jobs Act Credit
Open

Funds qualifying New Jersey film and digital-media production costs through refundable and transferable tax credits.

— pool·Rolling submission
Grow New Jersey Assistance Tax Credit
Closed

Funds legacy New Jersey facility investment and job creation or retention through ten-year tax credits.

— pool
Manufacturing Equipment and Employment Investment Tax Credit
Open

Funds New Jersey manufacturing equipment and related employment growth through investment and job-based tax credits.

— pool·Rolling submission
New Jobs Investment Tax Credit
Open

Funds new or expanded New Jersey business facilities that create permanent jobs through five annual tax-credit instalments.

— pool·Rolling submission
Offshore Wind Economic Development
Closed

Funds approved New Jersey offshore-wind facilities through ten-year capital-investment and job-creation tax credits.

— pool
Personal Protective Equipment (PPE) Manufacturing Credit
Closed

Funds only legacy New Jersey PPE manufacturing activity from the 2020–2022 tax years through a refundable credit.

— pool
Recycling Equipment Tax Credit
Closed

Funds only historic New Jersey recycling-equipment credits earned before the programme expired in 1996.

— pool
Redevelopment Authority Project Tax Credit
Open

Funds qualifying non-retail businesses in New Jersey redevelopment project areas through a two-year employee tax credit.

— pool·Rolling submission
Research and Development Tax Credit
Open

Funds qualified scientific and engineering research performed in New Jersey through an incremental tax credit.

— pool·Rolling submission
Urban Enterprise Credits
Open

Funds certified New Jersey Urban Enterprise Zone businesses through employee or small-business investment tax credits.

— pool·Rolling submission
Urban Transit Hub
Discontinued

Funds only legacy New Jersey transit-hub facility investments and job creation through ten-year tax credits.

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