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UpdatedTue, May 11, 2021 at 1:46 pm ET
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The money is being split between qualifying small business and individuals previously excluded from relief, according to officials. (Shutterstock)
NEW JERSEY – The Garden State is ponying up $235 million in funding for small business relief and $40 million in funding for an excluded residents fund to assist those negatively impacted by the COVID-19 pandemic, according to Governor Phil Murphy.
The new small business funding, proposed by the Governor s Office and agreed upon by legislative leadership, will fulfill existing Phase IV small business grant requests made to the New Jersey Economic Development Authority (EDA), while the new direct cash assistance program will help New Jerseyans in need who have been excluded from previous rounds of COVID relief.
by Todd DeFeo, The Center Square contributor | May 11, 2021 04:00 PM Print this article
Gov. Phil Murphy and state lawmakers have agreed to send an additional $235 million in funding to help small businesses in the state struggling amid the COVID-19 pandemic.
The state is also allocating $40 million in federal dollars from the Coronavirus Relief Fund (CRF) for an “excluded residents fund” targeting those previously ineligible for federal stimulus programs, including “undocumented immigrants,” according to news reports.
“COVID-19 has created unimaginable challenges for our economy over the past year,” Murphy said in a news release. “As we emerge from this pandemic, we need to make targeted investments in both our small businesses and our workforce to lay the foundation for a stronger and fairer future that works for everyone.”
President and Chief Executive Officer
Good morning, and welcome to SJI s 2021 Investor Day. I m Mike Renna, President and CEO of SJI, and we re pleased to have you join us today. The SJI management team, many of whom you ve just seen in our introductory video, will be joining me today to share our plans to deliver strong long-term growth and value for our shareholders. While COVID has certainly presented an unprecedented series of challenges, one thing the past 14 months has taught us, to be a bit more patient and not to take every cameo every child cameo and dog bark quite so seriously. So here s to turning the corner into a future we can all be together again in person healthy and safe. As we begin, please be aware that certain statements in today s webcast contain estimates and other forward-looking statements within the meaning of the securities laws. And we wish to caution persons watching this webcast that its current expectations, assumptions and beliefs forming the basis o
Privacy Overview
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