A 3051 New Jersey General Assembly · 2026-2027 Regular Session

Establishes Office of Financial Assistance in EDA to help eligible entities access opportunities for public financial assistance; requires office to develop common application platform.

This bill establishes an Office of Financial Assistance within New Jersey's Economic Development Authority (EDA) to help small businesses access public financial assistance. It directly affects eligible entities - companies with under 225 NJ-based employees in tech or green energy sectors (like biotech, renewable energy, or IT) - by streamlining their access to state and federal grants, loans, and tax credits. The key mechanism is a new common online application platform that lets businesses identify all available programs, store required documents for reuse, apply to multiple programs simultaneously, and track application status. The EDA office will develop this platform and provide technical support to help businesses navigate the application process.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced, Referred to Assembly Science, Innovation and Technology Committee
lower
3 primary · 3 co-sponsors

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