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Your resource for current news, policies and helpful updates impacting New Jersey businesses.
Staying Informed About Coronavirus
As we all adjust to new customs, state-wide orders and a fast-changing business landscape, staying up-to-date on information and news is essential. For daily updates and briefings, visit the New Jersey Office of the Governor YouTube channel.
We also have a live chatbot feature on our Coronavirus Business website for immediate assistance, and are continuing to update frequently asked questions about COVID-19's impact on businesses through our searchable repository.
Find Updates Here
Economic Development Assistance During the Pandemic
Through private, state and federal resources, the New Jersey Economic Development Authority (NJEDA) Board was able to approve a $75 million package of programs for businesses facing economic hardship in response to COVID-19. The funds have been allocated across seven new programs designed to preserve and protect small and mid-size businesses, as well as Community Development Financial Institutions. Included in the package are zero-interest loans, as well as various resources for information and support. The initiative is expected to support 3,000 to 5,000 businesses who may otherwise have had to layoff or furlough employees.
Read About the Program
New Federal Paid Sick Leave Information for Employers
New Jersey has among the most comprehensive Earned Sick Leave, Temporary Disability and Family Leave Insurance laws in the country, which cover all employees – full-time, part-time, temporary and seasonal. Now a new federal law passed in response to the coronavirus emergency requires private employers with fewer than 500 employees and most public employers to provide emergency paid sick leave
and emergency childcare FMLA leave. In addition, the federal CARES Act expands Unemployment Insurance benefits and covers many coronavirus-related scenarios and those traditionally left out - self-employed, independent contractor, freelance, and “gig" workers.
All of these laws and programs can be confusing. Please refer to these FAQs and thee FFCRA information below so that you can understand your rights and apply for the program that best fits your situation. Each state benefit or protection has its own eligibility criteria. The Labor Department examines cases on an individual basis, and makes eligibility determinations in accordance with the law.
Learn More on FFCRA
Federal Relief for Small Businesses
Various Small Business Administration (SBA) programs are available to help your business overcome the unprecedented challenges many face due to the pandemic. The funding options include paycheck protection, debt relief, loans and grants to support small businesses.
Find COVID-19 Relief Options
Technical Counseling and Assistance for Employers
Unparalleled relief efforts have been executed to alleviate some of the financial burden felt globally from the crisis. Navigating through these program requirements and understanding which will be most helpful for your specific needs presents new challenges to those who do not have the time or technical facilities needed for filing. The NJEDA has partnered with organizations to guide business owners through applications to ensure they receive the proper relief. For additional assistance, you can also visit Small Business Development Center (SBDC) locations near you, ready with prepared staff to counsel you through this difficult season.
Find Assistance Here
Additional Resources for Businesses
Please see the following additional resources for businesses to help during this difficult time.
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