| Statement from N.J Chamber President and CEO Tom Bracken on $225 Million in Federal Funding to the NJEDA |
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| The New Jersey Chamber of Commerce congratulates the New Jersey Economic Development Authority on receiving $255 million in federal funds to support small businesses – and we are appreciative to them for creating six programs that target important sectors to our state’s growth.
We are pleased that our state leaders recognize that entrepreneurs and small businesses need assistance.
In addition to this, it is important for the state to continue to look for ways to assist the general business community with their working capital needs as they continue to deal with high inflation, supply chain issues, rising energy costs, a lack of skilled workers and other factors out of their control.
The announcement is great news for the business community – and we look forward to collaborating with the state in 2023 to create more programs to assist more members of our business community, and help our economy thrive. |
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