Establishes "Manufacturing Reboot Program" in New Jersey to aid manufacturing businesses affected by COVID-19.

The bill creates the "New Jersey Manufacturing Reboot Program" within the New Jersey Economic Development Authority (EDA) to support manufacturing businesses impacted by the COVID-19 pandemic. The program aims to help these businesses retool to develop new products or expand current capabilities. The EDA will provide grants ranging from $25,000 to $150,000, depending on the market potential and economic impact. Priority is given to businesses that can produce healthcare products, including vaccines. The EDA can use grant funds for equipment, payroll, or employee training.

Establishes "Manufacturing Reboot Program" in New Jersey to aid manufacturing businesses affected by COVID-19.

The bill creates the "New Jersey Manufacturing Reboot Program" within the New Jersey Economic Development Authority (EDA) to support manufacturing businesses impacted by the COVID-19 pandemic. The program aims to help these businesses retool to develop new products or expand current capabilities. The EDA will provide grants ranging from $25,000 to $150,000, depending on the market potential and economic impact. Priority is given to businesses that can produce healthcare products, including vaccines. The EDA can use grant funds for equipment, payroll, or employee training.