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Find similar grantsNew Jersey Re-Assigning In-State Employees (NJ RISE) Grant Program is sponsored by New Jersey Economic Development Authority (NJEDA). This opportunity supports mission-aligned projects and measurable outcomes.
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New Jersey Launches New $10M NJ RISE Incentive Program — Hickey and Associates | A New Era in Site Selection New Jersey Launches New $10M NJ RISE Incentive Program NJ RISE offers grants up to $500,000 to businesses relocating resident employees back to New Jersey The New Jersey Economic Development Authority (NJEDA) has introduced the NJ RISE Program (New Jersey Re-assigning In State Employees), a new program to incentivize businesses to re-assign New Jersey residents who are working in another state to a New Jersey location.
The $10 million NJ RISE Program will provide grants to companies to relocate its New Jersey-resident employees, ensuring a residents’ income taxes stay in New Jersey, which will help increase tax revenue. NJ RISE provides awards up to $500,000 in grants to eligible companies. The program is open to applicants and closes on or before July 1, 2028.
The program is offering $10 million in grants to businesses. Businesses may receive up to $500,000 per Employer Identification Number (EIN). The grant amount is equal to the New Jersey Gross Income Tax Withholdings of Re-assigned Employees subject to the Grant Award Cap.
The minimum number of Re-assigned Employees will be the number of Re-assigned Employees whose Withholdings add up to at least one half of the Grant Award Cap. Businesses that meet the following criteria are eligible: Business must have 25 or more U.S. Full-Time Employees . Business principally located in another state that uses Convenience of the Employer Income Taxation Rule such as: Delaware, Nebraska, and New York.
The business must submit an application to the NJEDA on or before July 1, 2028 . The business must be in good standing with the NJ Department of Labor and Workforce Development (LWD) and NJ Department of Environmental Protection (DEP). Valid NJ Tax Clearance Certificate.
CONNECT WITH HICKEY’S NEW JERSEY INCENTIVES TEAM The Hickey & Associates incentives team has advised companies navigating the complex incentives process across New Jersey. Contact us for more specifics, including eligibility criteria, application details, and funding requirements. If you’d like our support throughout the application process, we are here to help.
incentives Credits and Incentives Alerts Hickey Incentive Alerts New Jersey RISE Office Hickey & Associates makes learning about commercial site selection easy. We share information in writing and through videos and images, covering topics like grants and incentives advisory, location strategy, and supply chain logistics.
Our team helps you find the best places for your business, get financial benefits, and make your supply chain work better. We are here to make complicated things simple and beneficial for your business's growth. Hickey releases new report on site selection for the life sciences and medtech industries New York Enacts Major Legislation to Accelerate Business Growth and Job Creation
According to the current listing, eligibility includes: Businesses principally located outside New Jersey seeking to re-assign New Jersey-resident employees to in-state positions. Confirm the full requirements in the official notice before applying.
The current listing shows up to $500,000 per business applicant. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Applications for New Jersey Re-Assigning In-State Employees (NJ RISE) Grant Program are due July 1, 2028. Build your timeline backwards from this date to cover registrations, approvals, and final submission checks.
New Jersey Re-Assigning In-State Employees (NJ RISE) Grant Program is funded by New Jersey Economic Development Authority (NJEDA). Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Jersey. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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