For existing businesses, reimbursements up to 50% of eligible project costs for building improvements or buying furniture/equipment. Max $50,000 grant for projects in the past 2 years, $5,000 min cost.
Covers 20% of lease payments for businesses and non-profits leasing between 250 – 10,000 s.f. of new or additional market-rate, first-floor office, industrial or retail space for a minimum 5-year term.
Direct loans are among the NJEDA’s diverse programs aimed at expanding capital accessibility and fostering the development of small businesses within New Jersey.
Offers 3% loans, max $250,000 for Trenton businesses, UEZ
qualification needed.
Loans vary, including Prime Lock Loans (up to $25,000) and Tory Burch Foundation Loans (with reduced interest for women-owned businesses).
Contact Anthony Carabelli at:
acarabellijr@mercercounty.org.
For small businesses, including owner-occupied building purchases.
Programs to bring capital to low-income communities.
Covers salaries of disadvantaged seniors for 48 months. For details, contact Givelore Argant, Deputy of Training & Employment Services, SCSEP.
Tel: (609) 498-0800.
Reimburses 50-90% of new-hire salary for 6 months training cost.
Contact vvelez@mercercounty.org for info.
$75,000+ grants yearly for current employee training.
Info: vvelez@mercercounty.org.
$2,400 to $9,000 federal tax credit for hiring employees with barriers like disabilities, veterans, and assistance recipients.
Details: vvelez@mercercounty.org.
Eligible projects include signage, awning and lighting.
Trenton Downtown Association offers $2,500 façade grant for property owners/tenants in TDA district.
TDA’s Business Start-Up Grant Program intends to reduce the burden of start-up costs of opening a new business and reduce retail vacancies within the Downtown Trenton Special Improvement District.
For a commercial kitchen or before starting a bakery, consider Cherry Street Kitchen.
The Small Business Development Center assists with business plans, credit counseling, and more to boost your business.
Contact: lilian@sbdcnj.com.
Get advice about website development, ecommerce and online ordering platforms, online booking platforms and digital marketing plans.
Visit: lilian@sbdcnj.com.
Tech or life sciences startup (<10 employees) in approved NJ collaborative workspace? Program aids rent at BaseCamp Trenton, Trenton Coworks, or approved spaces. For more information contact NJIgnite@njeda.com.
City of Trenton Tax Abatements. Planning major property
improvements? Apply for tax abatement to freeze current
taxes and defer taxes on improvements.
For details, reach out to dfox@trentonnj.org for the application.
If seeking shared office space with shared resources like receptionists, conference rooms, phones, copiers, and more, consider these Trenton
options.
More information at:
Film and Digital Media Tax Credit Program: Tax credits for services/purchases in Trenton film, TV, or digital production.
Movies/TV get up to 35%, digital media up to 25% credits.
For queries, contact NJ Motion Picture and TV Commission at
(973) 648-6279 or NJ EDA at (609) 858-6767.
Or check on their website:
Trenton’s top local program, highlighted by MercerMe, promotes businesses via:
• TrentonNJ YouTube channel:
• Shop Trenton Facebook group:
• Trenton Eat Local Club FB group:
• Black Wall Street Trenton:
The Trenton UEZ is part of the City of Trenton Department of Housing and Economic Development