Relief to New Jersey small and mid-sized businesses was announced on March 26 by the New Jersey Economic Development Authority (“NJEDA”). If this $75 million package of initiatives is followed by additional State, Federal, and philanthropic sources, it is expected to grow to more than $100 million. Attorneys from Cooper Levenson Attorneys at Law discussed what the following approved programs mean to small businesses during a webinar on Wednesday, March 1, 2020.
Speakers:
Nicholas F. Talvacchia, Esq., Partner, Cooper Levenson, Attorneys at Law
Jennifer B. Barr, Esq., Cooper Levenson, Attorneys at Law
Jared Stiles, Esq., Cooper Levenson, Attorneys at Laws
Topics Covered:
Small Business Emergency Assistance Grant Program
Small Business Emergency Assistance Loan Program
Community Development Finance Institution (CDFI) Emergency Loan Loss Reserve Fund
CDFI Emergency Assistance Grant Program, including
- UCEDC (United Counties Development Corp;)
- GNEC (Greater Newark Enterprise Corp.)
- RBAC (Regional Business Assistance Corp.)
- NJCLF (New Jersey Community Loan Fund)
- CBAC (Cooperative Business Assistance Corp.)
NJ Entrepreneur Support Program
Small Business Emergency Assistance Guarantee Program
Emergency Technical Assistance Program
US Small Business Administration (SBA) Economic Injury Disaster Loans (EIDLs)
The federal coronavirus stimulus package
Special Thanks to Versutia Solutions for providing technical assistance with the webinar. Looking for peace of mind when it comes to IT for your Business? Let the team at Versutia Solutions handle whatever comes your way. From hardware to software, or regular maintenance to emergency support, our team of experts can be there for you and your business.