NJEDA Opens Applications for $400,000 Startup Grants in New Jersey
Updated
Updated · lakewoodalerts.com · Sep 8
NJEDA Opens Applications for $400,000 Startup Grants in New Jersey
3 articles · Updated · lakewoodalerts.com · Sep 8
Summary
Wednesday at 10 a.m., the New Jersey Economic Development Authority opens the third round of its New Jersey Innovation Fellows Program for startup teams planning to build businesses in New Jersey.
Up to $400,000 per team is available through $200,000 in base funding and another $200,000 in possible awards, structured as income replacement so founders can focus full-time on launching companies over two years.
Participants also receive mentorship and training while developing their businesses, extending the program beyond direct cash support.
Applications remain open until Dec. 4 at 5 p.m., with eligibility limited to teams seeking to establish and grow their startups in the Garden State.