NJEDA awards $12M in cannabis startup grants - NJBIZ

Oct 4, 2023  · As part of a new grant program that aims to help aspiring entrepreneurs establish themselves in the legalized cannabis marketplace, the New Jersey Economic Development …


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NJEDA Awards $12M In Cannabis Startup Grants - NJBIZ

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Oct 4, 2023  · As part of a new grant program that aims to help aspiring entrepreneurs establish themselves in the legalized cannabis marketplace, the New Jersey Economic Development …

njbiz.com

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NJEDA Announces $12 Million Funding To 48 Cannabis Equity …

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Oct 5, 2023  · NJEDA Announces $12 Million Funding to 48 Cannabis Equity Grant Awardees 10/4/2023 Second Phase of Cannabis Program Announced with Additional Funding; Increase …

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New Jersey Awards $12 Million In Grants To Marijuana Businesses

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Oct 5, 2023  · The New Jersey Economic Development Authority (NJEDA) awarded $12 million in grants to 48 marijuana businesses under the state’s new Cannabis Equity Grant Program. …

mjbizdaily.com

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NJEDA To Provide Grants Of Up To $250K To Cannabis Startups

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Dec 22, 2022  · An NJEDA pilot program will provide grants of up to $250,000 to entrepreneurs looking to break into NJ’s legalized cannabis marketplace. ... Along with high start-up costs …

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$12M In Cannabis Equity Grant Funding To 48 Awardees

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Oct 5, 2023  · “Greater investment in the cannabis industry ensures more entrepreneurs, residents, and communities benefit, reversing historical injustices.” “The NJEDA has brought …

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NJEDA Grants 48 Cannabis Equity Grants To Accelerate Startups | NJ ...

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Oct 5, 2023  · Cannabis Equity grant awardees given funding by the NJEDA The New Jersey Economic Development Authority announced $12 million to help boost cannabis businesses. …

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ICYMI: NJEDA Announces $12 Million Funding To 48 Cannabis …

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Oct 4, 2023  · BLOOMFIELD, N.J. (October 3, 2023) —Today, New Jersey Economic Development Authority (NJEDA) Chief Executive Officer, Tim Sullivan, and Chief Community …

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New Jersey Awards $12 Million In Funding To 48 Cannabis Businesses

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Oct 10, 2023  · The New Jersey Economic Development Authority (NJEDA) awarded $12 million of grant funding to 48 marijuana businesses. This is an increase from the originally planned 24 …

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NJEDA Opens Cannabis Startup Grant Applications 4/20 (updated)

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Apr 12, 2023  · According to the NJEDA, 40% of the initial round of grants will be disbursed to qualifying social equity applicants, such as those who have previous cannabis convictions or …

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NJEDA Unveils Historic $12 Million Equity Grants - Black Cannabis …

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Oct 4, 2023  · New Jersey Makes Historic Strides in Cannabis Equity with $250K Grants A Pioneering Effort. In March 2023, we first reported on the New Jersey Economic Development …

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Cannabis Joint Equity Grant Program - NJEDA

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The Cannabis Equity Grant Program is aimed at assisting start-ups by providing businesses with grant funding for early-stage start-up expenses and operational costs. There is up to $20 …

njeda.gov

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NJEDA Announces $12 Million Funding To 48 Cannabis Equity Grant ...

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Oct 5, 2023  · NEW JERSEY – New Jersey Economic Development Authority (NJEDA) Chief Executive Officer, Tim Sullivan, and Chief Community Development Officer, Tai Cooper, …

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NJEDA - Recent News & Activity - Crunchbase

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Sep 4, 2024  · NJBiz — NJEDA awards $3M in ART grants in AC, Newark . ... NJBiz — NJEDA awards $12M in cannabis startup grants . ... NJBIZ — NJEDA to open cannabis startup grant …

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NJEDA To Launch Cannabis Equity Grant Program Application On …

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Apr 12, 2023  · The Phase I Joint Ventures Grant will award $250,000 to eligible recreational cannabis businesses. TRENTON, N.J. (April 12, 2023) — In recognition of 4/20 and National …

njeda.gov

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NJEDA Awards Nearly $13M In Small Business Improvement Grants

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Sep 30, 2022  · The New Jersey Economic Development Authority (NJEDA) gave an update on the progress of its Small Business Improvement Grant program Sept. 30, announcing that …

njbiz.com

FAQs about NJEDA awards $12M in cannabis startup grants - NJBIZ Coupon?

Does NJEDA offer financial assistance for cannabis businesses?

NJEDA is currently developing financial assistance products to support cannabis and cannabis-related businesses – more information will be shared on the NJEDA website, when available. The Cannabis Equity Grant Program is a $20 million pilot program that is open to conditional and annual New Jersey recreational cannabis license holders. ...

Does New Jersey have a cannabis equity grant program?

After awarding $12 million to help dozens of cannabusiness owners statewide get established in the legalized marketplace, the New Jersey Economic Development Authority will soon begin accepting applications for the second phase of its Cannabis Equity Grant Program. ...

When does the New Jersey cannabis equity grant application open?

The New Jersey Economic Development Authority (NJEDA) announced that the application for Phase II of its Cannabis Equity Grant Program will open on Nov. 30 at 10:00 a.m. ...

What is NJEDA's cannabis equity grant program?

The NJEDA’s Cannabis Equity Grant Program serves as clear reminder that minority-owned businesses must be an integral part of the emerging cannabis market beginning to take root in our state,” said Senator Vin Gopal (D-Monmouth). “Of course, starting up a business of any kind has its ups and downs, and unforeseen obstacles. ...

What is NJEDA's seed equity grant?

To assist potential applicants, NJEDA will host a webinar on Nov. 13 at 6:00 p.m. The Seed Equity Grant will allocate a total of up to $8 million in funding for 48 entrepreneurs. Applicants must meet the New Jersey Cannabis Regulatory Commission’s criteria for social equity and have obtained a conditional license. ...

Why is New Jersey launching a cannabis business?

This substantial investment aims to enable entrepreneurs, particularly those from communities historically harmed by the War on Drugs, to start and expand their cannabis businesses in New Jersey. ...

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