The New Jersey Economic Development Authority announced on Friday that more than 20,000 businesses in the state have been approved for COVID-19 relief since the start of the pandemic in mid-March.
In total, the EDA approved 20,073 businesses for more than $74.2 million worth of grants, low-cost grants, partnerships with investors and Community Development Financial Institutions, and technical assistance programs.
The EDA also has lists of which companies and nonprofits got grants — and for how much.
Be warned: The list is 492 pages long. And that’s just for phase 2 of the program.
The good news: The list is broken down by county – and then by municipality in each county. So, it’s easy to see who benefited in your town and/or county
“(Gov. Phil) Murphy has made supporting small businesses a central focus of our state’s response to the COVID-19 crisis, and the NJEDA team has worked tirelessly to support these 20,000 businesses at a time when that help is so badly needed,” NJEDA CEO Tim Sullivan said. “The economic impact of this pandemic is extraordinary and ongoing – and our efforts to do all we can to support small businesses must continue as well.”
A breakdown of the distribution to date:
‘The issue is, we get people of color and ethnicity and gender in, but we don't have a culture that's welcoming’
Ralph Thomas still remembers walking into meetings when he was at Citbank. He was greeted warmly – but usually with a look.
Congratulations to our Board member John Harmon who placed No. 1 on “ROI-NJ’s Top Influencer: People of Color” list, which ROI-NJ newspaper published this week.
The New Jersey Chamber of Commerce congratulates Marjorie Perry, president and CEO of MZM Construction & Management, on receiving the 2020 Women Business Enterprise Award of Excellence today.
Marjorie is an inspiration. Raised in Newark, she rose – through hard work, talent and persistence – to become the top executive at Newark-based MZM, and she has grown the company into a thriving multimillion dollar enterprise.
When Gov. Murphy originally proposed his so-called 'millionaires tax,' he said it was designed to close a revenue gap in the budget.
However, last week, the governor announced that the revenue generated by this new tax would be spent in the form of rebates which families would receive just before the governor and members of the Legislature stand for reelection in 2021. The New Jersey Chamber of Commerce said at the time that politics had eclipsed good fiscal management.
New Jersey business leaders say they were not consulted by Gov. Phil Murphy or the legislature prior to announcing details of a budget deal they say will cost New Jersey jobs and result in more businesses closing.
Tom Bracken, president of the New Jersey State Chamber of Commerce, calls the budget “shameful” and “out of touch with reality.”
Just what the most overtaxed state in the country needs. More taxes during an economic downturn.
Today’s fiscal 2021 budget announcement by Gov. Murphy and state legislative leaders clearly shows that again politics wins out over sound fiscal planning and management in Trenton.
I have been part of New Jersey business community for half a century. I have lived and raised my family in this state.
New Jersey is blessed with some of the best demographics in the country and our location is unparalleled. In the past, we have leveraged those attributes to create a thriving, vibrant economic powerhouse that consistently attracted the best businesses and workers from around the country and around the world.
That is, unfortunately, not the New Jersey in which I live today.
The New Jersey Chamber of Commerce announced today that it is honoring three women who have used talent, hard work and 'outside-the-box' thinking to create economic opportunities and help make New Jersey a better place to live and work. They are:
Yla Eason
Founder, Olmec Toys
Jessica Gonzalez
Founder & CEO, InCharged
Barbara Heisler
CEO, GlassRoots
The New Jersey Chamber of Commerce wishes to salute Linda Bowden for her successful career at PNC Bank, and for all she does for the state of New Jersey.