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Posted on: April 2, 2020

Application Portal for Financial Assistance Programs Available through the state’s Economic...

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Application Portal for Financial Assistance Programs Available through the state’s Economic Development Authority (NJEDA) to Open Friday, April 3 at 9am and will close Friday, April 10 at 9am

The Bloomfield Small Business Task Force is available to assist any township businesses in need of help filling out applications

BLOOMFIELD, NJ -- The application portal for financial assistance programs available through the state’s Economic Development Authority (NJEDA) will open tomorrow at 9am and will close on Friday, April 10 at 9am. Any Bloomfield businesses in need of assistance filling out these applications may contact the Bloomfield Small Business Task Force at 973-680-4077 or email SBAassist@bloomfieldtwpnj.com.

“The COVID-19 crisis has put an unprecedented burden on our small business community and we are doing everything in our power to help,” said Mayor Michael Venezia. “The state will be offering a variety of financial assistance programs to help during these difficult times. Our Small Business Task Force is eager to help any business in our township that would like assistance filling out any of these applications. I encourage small businesses to go to the portal when it opens tomorrow to see what they qualify for, as it will only be open for a week.”

There are different programs available to your business depending on a number of factors. To see what you qualify for, visit the eligibility wizard prior to applying at https://faq.business.nj.gov/en/articles/3838662-what-new-state-financial-support-programs-is-my-business-eligible-for-how-do-i-use-the-eligibility-wizard.

The Federal Paycheck Protection Program will also be available to apply for through approved lending institutions beginning tomorrow. Funding through the program covers up to eight weeks of payroll, mortgage and rent payments. Utilities and worker salaries may also be covered.

Additionally, Downton New Jersey, an organization that represents business improvement districts throughout the state will be holding a 45 minute “Survival Marketing Workshop” that will teach businesses how to market themselves during a crisis. The workshop will take place on Friday, April 3 at 11am. For more information and to register, visit https://secure.lglforms.com/form_engine/s/DBvCsvJKGzeEP6p67K_m5Q.

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