The New Jersey Economic Development Authority’s Main Street Acquisition Support Grant offers up to $50,000 to reimburse an eligible NJ small business for closing costs related to a New Jersey commercial property that the business purchased to operate from.

Key highlights for eligibility:

• Open to eligible NJ small businesses or non-profit entities that purchased a commercial property and occupy at least 1,000 square feet for commercial use.
• Mixed-use properties are eligible as long as the small business operates from at least 1,000 square feet of commercial space. Cannot be 100% residential or vacant land.
• Closing must have taken place after the application was opened to the public on October 1, 2024, and grant application date must be no later than one year from date of closing. Application must be submitted after closing has already occurred. Applications submitted prior to closing are not eligible.

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