Economic Development

Urban Enterprise Zone

Parts of New Brunswick have been designated as an Urban Enterprise Zone by the State of New Jersey.

Qualified businesses can obtain benefits such as:

  • 50% sales tax reduction on some retail sales
  • 100% sales tax reduction on purchases made by the qualified business
  • Workforce training assistance

For more information, contact the State’s UEZ Program Office

State UEZ Brochure

New Brunswick  UEZ 2011 Map

 

Micro-Lending Assistance

The Intersect Fund provides micro-lending and business counseling assistance to New Brunswick-based micro-enterprises. Loan funding is available from $500 to $10,000.

Contact The Intersect Fund for more information:

Intersect Fund Micro-Lending Interview on CNN’s American Morning (Dec. 19, 2011):

 

One Stop Shop Career Center

The one-stop career/job training assistance center: located at 550 Jersey Avenue in New Brunswick. Services are FREE. The Center specializes in counseling and assistance to veterans, disabled individuals and persons over 55 years old.

Core services include: job search assistance, resume writing, job placement assistance, career counseling, financial aid information and interviewing skills training.

For more information, check out the One-Stop Center’s booklet

 

NJEDA Financing

The New Jersey Economic Development Authority provides loans, loan guarantees, bond financing and other assistance to New Jersey businesses.  NJEDA’s core focus is small business financing (5-100 employees). Programs are also available to assist businesses in critical industries, inclucing:

  • Women and minority-owned businesses
  • Technology and life sciences
  • Manufacturing
  • Logistics, including warehousing, distribution and port operations
  • Financial services
  • Arts, culture, and tourism
  • Retail

For more information, contact NJEDA