S.3568

Establishes Office of Financial Assistance in EDA to help businesses and non-profits access public financial assistance.

This bill establishes an Office of Financial Assistance within the New Jersey Economic Development Authority (EDA) to assist business entities and non-profit organizations in accessing public financial assistance. The Office will develop a common application platform for electronic applications for grants, loans, loan guarantees, and tax credits from State and federal agencies. The platform will allow users to identify available assistance, input required information, submit applications, and monitor application status.