Establishes Emerging Technology Urban Grant Program in EDA.

This bill establishes the Emerging Technology Urban Grant Program through New Jersey's Economic Development Authority (EDA) to attract technology businesses to four designated urban areas: Newark, Trenton, Camden, and New Brunswick. It provides grants covering cloud computing service costs (up to $125,000 per quarter for two years, capped at $1 million per business) to qualifying emerging tech companies that maintain headquarters in these zones for five years, employ ≤100 full-time workers, and show 20% annual growth in staff or revenue. The program is limited to $80 million total, with no more than $20 million allocated per city, and requires quarterly proof of continued eligibility. Businesses must use the funds solely for cloud-based technology services to support job creation and economic growth in targeted urban cores.