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Posted on: July 30, 2020

Small Business Recovery Programs

  • CLOSED Asbury Park Small Business Micro Recovery Grant Program 

iStar, The Vin Gopal Civic Association, in coordination with Asbury Park Chamber of Commerce, joined by sponsors JCP&L, Giuseppe ‘Joe Grillo’, New Jersey Resources, Senator Vin Gopal, Assemblymembers Eric Houghtaling & Joann Downey have established the Microbusiness Recovery Grant Program. This program will distribute grants $500 or $1,000 to businesses with four or fewer employees that have been severely impacted by COVID-19 and could most benefit from a grant. The application closes at 5:00 pm on July 31, 2020.

  • Monmouth County CARES Economic Assistance Grant Program for Small Businesses and Nonprofits – Applications Open Monday 8/3/20

On behalf of the Board of Chosen Freeholders, Freeholder Director Thomas A. Arnone and Freeholder Deputy Director Susan M. Kiley announced Monmouth County CARES, the Coronavirus Economic Assistance Grant Program for small businesses and nonprofits. Applicants should check the website for specific eligibility requirements at Before the online application process opens on Monday, August 3, 2020 at 8 a.m., please be prepared to submit information electronically through the application portal regarding the costs your business incurred due to COVID-19.

For more information:  

  • Governor Murphy Announces Main Street Commercial Corridors Relief  **Please Note: Due to overwhelming demand, this round of funding for the Small Business Lease Emergency Assistance Grant Program is exhausted.**  

Governor Phil Murphy announced a new relief program for small businesses impacted by the COVID-19 pandemic. The Small Business Lease - Emergency Assistance Grant Program (SBL-EAGP) will allow businesses in 64 eligible municipalities to apply for grants of up to $10,000 for lease costs. The program will assist small business owners impacted by the COVID-19 pandemic, which also assists landlords, many of whom are also small businesses.

For more information:  

  • Garden State Relief Fund Small Business and Non-Profit COVID-19 Recovery Loans

Through a partnership with Urban Enterprise Zone, New Jersey Community Capital has launched the Garden State Relief Fund to offer working capital loans to small businesses and nonprofits negatively impacted by the COVID-19 pandemic.

For more information:

  • COVID-19/Coronavirus Help and Information for New Jersey Businesses

Assistance programs for businesses suffering economic hardship from COVID-19 are available. Click link below for details.

Click here for more information.

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