By: Olivia Armstrong, Writer / Follow South Jersey News Reporting Intern
PRINCETON, N.J. — On April 12, Governor Phil Murphy signed legislation to provide $15 million in federal coronavirus relief funds to small businesses and nonprofits throughout New Jersey. This will provide aid in the form of grants to small businesses and those in need due to COVID-19.
New Jersey’s small businesses were hit hard by COVID-19, and many had to drastically alter how they do business or shut down operations entirely. A number of New Jerseyans tried to support local small businesses and family owned businesses, but it was not enough for some of them to survive.
“New Jersey’s small businesses were particularly hard hit by the ravages of COVID-19,” Gov. Murphy said in a statement. “This legislation, along with three additional bills I signed last week and one I will sign in the near future, will go a long way toward helping hundreds of state businesses keep their doors open as we recover from this year-long ordeal.”
These small businesses and family owned businesses will need these funds to come out of this stronger than before, this will help them survive. The New Jersey Economic Development Authority has already distributed more than $250 million in aid to some 55,000 businesses across the state, and Monday’s bill signing was part of a five-bill, $100 million legislative package that will help support businesses in need throughout New Jersey
This funding aims to help businesses overcome their struggles over this past year so they can stay open beyond the COVID-19 pandemic.
- Atlantic County Offers New COVID-19 Child Vaccination Clinics
- State Officials Announce $2 Billion Property Tax Relief Program For FY2023
- CUMAC’s Community Fun Fair Features Local Nonprofits
This article was produced by a Follow South Jersey news intern thanks to a grant provided by the Robert Wood Johnson Foundation through the New Jersey Health Initiatives program to create hyper-local news to meet the informational and health needs of the City of Bridgeton, N.J.