Establishes advertisement grant program for emerging businesses in science and technology.
This bill creates a grant program administered by New Jersey's Economic Development Authority to fund advertising and marketing costs for eligible science and technology businesses. It directly affects small tech companies in New Jersey with fewer than 225 employees (75% based in the state) operating in specified sectors like biotechnology, renewable energy, or information technology. Grants must cover only advertising/marketing expenses, require annual financial reports to verify proper use, and convert to loans if misused. The program aims to stimulate economic development by supporting these emerging businesses' market outreach.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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1
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0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Science, Innovation and Technology Committee
lower
3 primary · 3 co-sponsors
Sponsors
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