GRANT · HOW TO WIN THIS
Up to $250,000 as a convertible note (1:1 match); plus up to $25,000 rent grant covering 6 months
Open now; closes September 19, 2026 at 5 pm EST or when funds run out.
FUNDING TYPE
Loan, Program
CAN YOU GET THIS?
YOUR REAL ODDS
Funding runs until September 19, 2026 or until funds are exhausted—whichever comes first.
The program is rolling but pool-limited, so earlier applicants face better odds. You also need to have already completed an approved accelerator program before applying for the graduate benefit.
WHAT IT TAKES
Graduate from an NJEDA-approved accelerator (or confirm your accelerator is approved) — Ongoing—must be completed before applying
Apply for the investment and/or rent benefit via NJAccelerate@njeda.gov with required documents — 1–2 weeks to prepare
NJEDA reviews application and enters into a convertible note agreement — Several weeks, timeline not specified
WORTH KNOWING
Women- and minority-owned companies certified by the State of New Jersey receive a 5% bonus on the investment amount and an extra month of rent support—worth pursuing if you qualify before applying.
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