Creates grant program for business accelerator and incubator networks; transfers $1 million in societal benefits charge revenues to EDA to administer program.

This bill establishes a grant program administered by New Jersey's Economic Development Authority (EDA) to provide funding to business accelerators and incubators that support early-stage technology businesses. The program will use up to $1 million in societal benefits charge revenues to fund grants for accelerators/incubators working with businesses in fields like clean energy, life sciences, advanced materials, digital technology, and food/agriculture. Grants can be used for various aspects of the accelerator/incubator operations or for the incubator businesses themselves. The EDA must prepare annual reports on program participation and outcomes, with the program set to expire six years after implementation.