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

S 3005 creates a grant program administered by New Jersey's Economic Development Authority (EDA) to support business accelerators and incubators that help early-stage technology companies. The program allocates up to $1 million in societal benefits charge revenues to fund grants for accelerators/incubators that support businesses in specific fields including clean energy, life sciences, advanced materials, digital technology, and other qualifying sectors. Grants can be used for facility improvements, technical assistance, or other support that helps incubator businesses succeed, with applicants required to prove they serve businesses in one of the designated technology fields. The program requires annual reporting on grant recipients and outcomes and will expire six years after implementation.