February 11, 2021
Allows for timeline extensions, voluntary award terminations, and amendments to employment requirements
The New Jersey Economic Development Authority (NJEDA) board of directors approved the implementation of new accommodations for businesses that had previously been approved for Grow New Jersey (Grow NJ) awards. These accommodations were created by the Economic Recovery Act of 2020 (ERA), signed by Governor Phil Murphy on January 7, 2021, which amended the Grow NJ Act to provide flexibility to businesses that had been impacted by the changed economic and health circumstances due to the COVID-19 Health Emergency. A copy of the Economic Recovery Act of 2020 is available at https://njleg.state.nj.us/2020/Bills/S3500/3295_R1.PDF.