Learn how your manufacturing business can apply for grants ranging between $7,500 and $250,000 through the upcoming New Jersey Manufacturing Voucher Program (NJMVP). Funding can be used to purchase equipment needed to improve operations. The NJMVP is designed to increase manufacturing production in New Jersey.
The NJMVP will offer stackable bonuses for certified woman-, minority-, or veteran-owned businesses, businesses in Opportunity Zones, and businesses purchasing manufacturing equipment in New Jersey, as well as bonuses for companies that have a collective bargaining agreement in place.
Applications are scheduled to open in December 2022.