Applications Opengrants
New Jersey Innovation Fellows (NJEDA)
domain·verifiedVerified · Sep 6
Funding / Offer
scheduleDurationRolling
pie_chartEquity0% (income-replacement grants)
eventStatusApplications Open
schedule
Duration
Rolling
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Equity
0% (income-replacement grants)
payments
Funding
Funding varies
military_tech
Selectivity
Competitive
infoAbout this program
Income-replacement grants that pay founders to work on the company full time. Teams of at least three people qualify for a $200,000 base award, and bonuses can lift the total to $400,000 — $50,000 per qualifying entrepreneur for graduates of a New Jersey college or university or diverse founders, up to three such bonuses, plus $50,000 if a team member lives in a state Opportunity Zone. The current round runs a dedicated AI cohort.
inventory_2What's Included
4 itemscheck_circle
Funding
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Equity
0% (income-replacement grants)
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Program
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Type
Grant
checklistEligibility
1 itemshelpFAQ
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#Grants#All sectors, with a dedicated AI cohort