New Jersey Businesses can start preparing now for implementation of a new law, which takes effect May 4, 2022, which ends the use of single-use plastic carryout bags and polystyrene foam food service products at retail stores and food service businesses and replaces them with reusable bags and recyclable products. The use of single-use paper carryout bags will be prohibited at grocery stores greater than 2,500 square feet. Plastic straws will be limited to by-request-only.
The New Jersey Business Action Center and the NJ Department of Environmental Protection are working together to help businesses comply with the law. Read the law, a comprehensive list of frequently asked questions (FAQs), an easy-to-read chart explaining how to comply, and many other resources at https://www.business.nj.gov
The Small Business Emergency Assistance Grant Program is targeted funding for restaurants, child care, small and micro businesses.
Award sizes: Up to $20,000
*Businesses with 1-5 full time employees: max grant of $10,000; 6-25 FTEs: $15,000; 26-50 FTEs: $20,000
What You Need to Do:
Begin compiling key information and documents.
If you do not have a username and password for NJEDA’s pre-registration portal from Phase 3 or if you cannot locate them, create them here. LIST
Pre-Registration April 19, 9:00 a.m. – April 29, 5:00 a.m. Must pre-register to be eligible to apply for the grants. It is NOT first come, first served!
Pre-registration must be completed by 5:00 PM sharp on April 29 REGISTER
Application The application is first come, first served. Entities must apply on their designated date to be eligible for a grant. To apply, pre-registered businesses must visit NJEDA’s application portal. View more information and support resources. APPLY
Want to receive reminders about pre-registration? Text “grant4” to 888-NJEDA-21 (653-3221).
Must have physical location in NJ
Must be registered to do business in New Jersey
Must be in Department of Labor good standing
Must have no more than 50 full-time employees
Must certify to negative impact of emergency
Must certify intent to not lay off any workers
Businesses that didn’t apply for, or weren’t approved for Phase 3 funding –
9:00 a.m. on May 3, 2021
Restaurants and child care providers – 9:00 a.m. on May 5, 2021
Micro businesses (five or fewer FTEs) – 9:00 a.m. on May 10, 2021
All other small businesses – 9:00 a.m. on May 12, 2021\
Pre-registration portal is open now until at 5:00 p.m. on Thursday, April 29, 2021! PRE-REGISTER
WASHINGTON –The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The Supplemental Targeted Advance program is the latest SBA relief program to launch as part of the American Rescue Plan Act on March 11, 2021.
“Many of our nation’s small businesses are still struggling to recover from the economic impact of the COVID-19 pandemic, and we’ve found that the smallest businesses — the majority of which are minority-owned — are hurting the most. The SBA’s Supplemental Targeted Advance program aims to reach those businesses with 10 employees or less who need our help today,”said SBA Administrator Isabella Casillas Guzman. “The Supplemental Targeted Advance funds will help us make sure that no small business falls through the cracks or gets left behind. This program is a crucial part of our efforts to bring businesses back, create jobs and build an equitable economy for everyone.”
This additional relief to the smallest and hardest hit businesses builds on Administrator Guzman’s April 6 action to significantly increase the maximum loan amounts for COVID-19 EIDL assistance from 6 months of working capital with a maximum of $150,000 up to 24 months of working capital and a maximum of $500,000. SBA also announced on March 12 that the agency would extend deferment periods for all disaster loans, including COVID-19 EIDLs, until 2022 to provide more time for businesses to build back.
Effective April 22, the SBA modified the Targeted EIDL Advance application process to determine if businesses also qualify for the additional $5,000 Supplemental Targeted Advance. SBA will contact eligible business entities to apply and applications will be processed on a first–come, first–served basis. To qualify for the Supplemental Targeted Advance, an eligible business entity must be in a low-income community, suffered greater than 50 percent economic loss, and have 10 or fewer employees.
For details about the Targeted EIDL Advance and Supplemental Targeted Advance program, please visit SBA.gov/eidl.Eligible entities can email questions about the SBA Targeted EIDL Advance and Supplemental Targeted Advance to , COVID-19 EIDL disaster loan payment questions to , and contact SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing).
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
“Help is here for venue operators hit hard by the COVID-19 pandemic. The SBA has worked diligently to build the Shuttered Venue Operators Grant program from the ground up to assist and address the diverse eligibility requirements of each type of applicant and we will open for applications on April 8,” SBA Administrator Isabella Casillas Guzman said. “The SBA knows these venues are critical to America’s economy and understands how hard they’ve been impacted, as they were among the first to shutter. This vital economic aid will provide a much-needed lifeline for live venues, museums, movie theatres and many more.”
Prior to the official SVOG application opening, the SBA will host a national informational webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET on Tuesday, March 30, 2021. Those interested in participating can register here.
The SVOG program was established by the Economic Aid to Hard Hit Small Businesses, Nonprofits and Venues Act, which appropriated $15 billion for it. The American Rescue Plan Act, signed into law by President Joe Biden on March 11, 2021, appropriated an additional $1.25 billion, bringing the program funding to a total of $16.25 billion, with more than $16 billion allocated for grants.
To ensure eligible venues do not miss a window to receive assistance through the Paycheck Protection Program, the American Rescue Plan Act also amended the SVOG program so entities that apply for a PPP loan after Dec. 27, 2020, can also apply for an SVOG, with the eligible entity’s SVOG to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this.