New Jersey-based small companies and nonprofit organizations with 100 or fewer staff might apply to obtain 25% reductions on purchases of private protecting gear (PPE) from distributors authorized by the New Jersey Financial Growth Authority (NJEDA).
The reductions can be found below Section 2 of the NJ Small and Micro Enterprise PPE Entry Program, which the NJDEA launched on Nov. 10.
Small companies and organizations fascinated by receiving 25% reductions should apply at https://covid19.nj.gov/ppeaccess.
As soon as the NJEDA has confirmed their eligibility, they may obtain vouchers for purchases from a “designated vendor” of their alternative. This low cost will robotically cut back the prices of on-line purchases the collaborating small enterprise or group makes from that designated vendor by 25%. The reductions will expire after 14 days, or on Nov. 30.
Throughout Section 1 of this system, the NJEDA recognized and vetted “designated distributors,” together with Boxed, Office Depot and Staples, which have partnered with the authority to create “microsites” the place New Jersey-based companies can buy a curated number of PPE merchandise at a ten% low cost. The NJEDA additionally collaborated with the New Jersey Division of Well being to create a web-based PPE Planning Device that helps companies perceive PPE product necessities and estimate their organizational PPE wants.
Hyperlinks to the designated vendor microsites and the PPE Planning Device can be found at https://covid19.nj.gov/ppeaccess.
The second section of the PPE Entry Program makes $20.4 million obtainable to subsidize small and micro companies’ PPE purchases from Staples and Workplace Depot. Throughout this section, companies with 100 or fewer full-time equal staff (FTEs) can obtain grants equal to 25% of the price of purchases made by these designated distributors. All eligible companies can obtain as much as $400 in reductions, and companies working in one in all New Jersey’s 715 census tracts that have been eligible to be designated as Alternative Zones can obtain as much as $500.
These grants are utilized along with the ten% low cost supplied to all companies, which means small companies can save as much as a 3rd of the price of their PPE purchases.
Along with the PPE Entry Program, the NJEDA administers a wide range of grant, low-cost financing, and technical help applications for small and mid-sized companies impacted by COVID-19. Complete details about these applications and different state assist for companies impacted by the pandemic is offered at https://cv.business.nj.gov.