A suite of new programs designed to support NJ businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19 was recently approved by the New Jersey Economic Development Authority (NJEDA) Board. The package of initiatives includes a grant program for small businesses, a zero-interest loan program for mid-size companies, support for private-sector lenders and Community Development Financial Institutions (CDFIs), funding for entrepreneurs, and a variety of resources providing technical support and marketplace information. Taken together, they will provide more than $75 million of State and private financial support, which are expected to support more than 3,000 businesses. Click the following link for more detail on these new programs: