Referrals

Qualified retailers may charge 50 percent of New Jersey sales on "in person" purchases
Sales Tax revenueis placed in a Zone Assistance Fund (ZAR) and reinvested in important projects and further economic development
Sales Tax exemption for materials and for tangible personal property
One -time corporation tax credit of $1,500 for each new full time permanent employee who is a resident of a municipality in which a zone is located and who had been unemployed for at least 90 days or dependent upon public assistance
Subsidized unemployment insurance costs for certain new employees with gross salaries of less then $4,500 per quarter
Tax credit against the Corporation Business Tax of 8 percent of Investment in the zone by an approved " In Lieu " agreement with the Urban Enterprise Zone Authority and Municipality
Energy and utility service sale tax exemption on consumption within an Enterprise zone by manufacturing firms with more than 250 employees, when more than 50 percent are in a manufacturing process
Business Retention and Relocation Assistance Grant("BRRAG") for relocation and retention of at least 250 non retail jobs where the grant is a material factor. Special limitations/bonuses for UEZs.
Business Employment Incentive Program("BEIP")applicants may be eligible for a grant award of up to 50 percent of the state income taxes withheld for new employees hired and may increase up to 80 percent if "Smart growth"

Addtional funding provided by other services:

Businesses involved in urban redevelopment may be eligible for low- and no-interest loans, loan guarantees, equity investments, and technical assistance. These services are available through the New Jersey Redevelopment Authority and the New Jersey Economic Development Authority
Loans, loan guarantees, equity investments, and technical assistance may be available to finance investments in neighborhood-based redevelopment projects, small business lending, renovation, relocation, and/or real estate development in urban areas. These services are available through the New Jersey Redevelopment Authority and the New Jersey Economic Development Authority's Financing Assistance
Possible State regulatory relief by Zone request;
New Jersey may be able to work with you to leverage your resources to formulate redevelopment projects. This program is administered by the New Jersey Redevelopment Authority;