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Life Sciences & Healthcare Fund is sponsored by New Jersey Economic Development Authority (NJEDA). This program provides crucial financial support and resources to NJ companies raising Seed to Series C funding rounds with partner fund managers. It offers matching funds to eligible New Jersey companies when qualified fund managers are prepared to invest.
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Search similar grants →Based on current listing details, eligibility includes: New Jersey registered business entity with a primary focus on life sciences/healthcare sectors. Company must be located in NJ with 50% of full-time employees living or working in NJ or the company headquarters are in NJ. Maximum 750 employees, maximum transaction size of $20M. Proof that SSBCI funds stimulated private sector investment is required. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $10,000,000 (matching funds) Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Past winners and funding trends for this program
The Main Street Acquisition Support Grant is a grant from the New Jersey Economic Development Authority (NJEDA) that funds reimbursement of closing costs for New Jersey small businesses that have recently purchased commercial property. The program reimburses eligible closing costs up to $50,000 per business for a single location, with a limit of one grant per EIN. Applicants must have closed on a New Jersey commercial property after October 1, 2024, operate from at least 1,000 square feet of the building, meet SBA small business size standards, and be in compliance with New Jersey tax requirements. Applications are accepted on a rolling basis through October 1, 2027.
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