Read ACEA Updates from the State of NJ

State of New Jersey Update

Small Business Assistance Loan Program Coming

Pre-registration for Phase 2 of the New Jersey Economic Development Authority’s Small Business Emergency Assistance Loan Program opens on Wednesday, February 10th, 2021. Phase 2 of the Loan Program provides low-cost financing of up to $100,000 to New Jersey-based small businesses and non-profit organizations that have been negatively impacted by COVID-19. Learn more and begin preparing for pre-registration.

NJDOL Workforce Training Grant Letter of Intent Due Tomorrow, February 3rd at Noon

The deadline to submit a Letter of Intent for the New Jersey Department of Labor’s $3.5 million workforce training grant program is tomorrow, February 3rd, 2021, at noon. The UPSKILL grant program helps employers further train their existing workers and will be competitively awarded to employers to reimburse up to 50% of the cost of training incumbent frontline employees. Read the full Notice of Grant Opportunity.

The Earned Income Tax Credit Can Help You and Your Employees

This year, more people than ever qualify for the New Jersey Earned Income Tax Credit—a cash-back tax credit that puts money back into the pockets of working families and individuals, including the self-employed, who earn low-to-moderate income. You can use the Department of the Treasury’s EITC Marketing Toolkit to spread the word to employees, friends, families, and neighbors. Visit to learn more.

Period to Get Enrolled in Health Insurance Extended

The enrollment window has been extended for you, your employees, and other eligible uninsured residents to enroll in an individual or family health insurance plan through the State marketplace or a health insurance carrier. A Special Enrollment Period will run through May 15th, 2021. Visit to sign up.

The “Economist’s Corner” Provides Insight

The New Jersey Economic Development Authority’s bi-monthly “Economist’s Corner” blog delves into economic data, policies, and issues impacting New Jersey’s economy and provides in-depth analysis for non-economists interested in understanding what’s happening in the Garden State. Read the latest post.

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