New Jersey A3050 establishes a grant program for emerging science and technology businesses to support advertising and marketing expenses.

New Jersey A3050 requires the New Jersey Economic Development Authority to create the "New Jersey Emerging Business Advertising Grant Program." This program provides funds to emerging businesses in science and technology to cover advertising and marketing costs. To qualify, businesses must have fewer than 225 employees, with at least 75% of those employees working in New Jersey, and must be involved in technology commercialization in specific industries. If a recipient misuses the grant, the authority can convert it to a loan.

New Jersey A3050 establishes a grant program for emerging science and technology businesses to support advertising and marketing expenses.

New Jersey A3050 requires the New Jersey Economic Development Authority to create the "New Jersey Emerging Business Advertising Grant Program." This program provides funds to emerging businesses in science and technology to cover advertising and marketing costs. To qualify, businesses must have fewer than 225 employees, with at least 75% of those employees working in New Jersey, and must be involved in technology commercialization in specific industries. If a recipient misuses the grant, the authority can convert it to a loan.