$50,000

January 3, 2020 | Number of The Day
Grants available for NJ small businesses focused on science and technology

There’s still time to apply for innovation and technology grants focused on small businesses in New Jersey. The state’s Commission on Science, Innovation and Technology along with state programs aimed at boosting research and development are accepting applications until Jan. 13; their grant programs are offering up to $25,000 each to seven businesses and $50,000 for a further four businesses that have made it through certain phases of related federal grant programs.

Gunjan Doshi, chairman of the commission, said that “Enabling entrepreneurs to maximize financial and educational benefits as they vie for federal funding and work toward commercialization will serve to strengthen the competitiveness of New Jersey small businesses on the national stage.” The federal grant programs provide more than $3 billion annually to small businesses in technology and life sciences that propose innovative ideas to meet specific federal research and development needs. They also fund R&D partnerships between small businesses and research institutions such as universities or nonprofits.

Information about the grant programs is available from the state Economic Development Authority.