Live Your Dream: Educational Grant

New Jersey Re-assigning In State Employees (NJ RISE) is a new program to incentivize businesses to re-assign New Jersey residents who are working in another state to a New Jersey location. The $10 million NJ RISE Program will provide grants to companies to relocate its New Jersey-resident employees, ensuring a residents’ income taxes stay in New Jersey, which will help increase tax revenue. NJ RISE’s goal is to increase New Jersey’s Gross Income Tax Withholdings by encouraging eligible businesses to re-assign their out of state New Jersey resident employees to New Jersey by issuing an incentive based upon on the employee’s withholdings. The NJ RISE Program is a pilot program that will provide grants to businesses principally located out of state that re-assign New Jersey residents currently assigned to work in a state that employs the “convenience of employer” income taxation rule to work in a New Jersey location. The grant is equal to the amount of New Jersey Gross Income Tax withholdings of the re-assigned resident employees during one tax year of the business, not to exceed $500,000 in the aggregate per business. The sum of all grants approved will not exceed $10 million per State fiscal year. States such as Delaware, Nebraska, and New York use “convenience of employer” where an employee who resides out of state is taxed based on the employer’s assigned location. For example, if a New Jersey-resident works in a state with “convenience of employer” (State A) three days a week and from home the other two days, the employee will be taxed by State A for all five days, because the work done from home in New Jersey was at the convenience of the employer.

The Program supports the growth of very small meat and poultry processors in the Commonwealth. It does this by offering grants. The grants cover costs associated with opening a new processing operation or the expansion of a current operation. The grants can also be used to cover the costs of getting a USDA Food Safety Inspection Service (FSIS) inspection. Grants are limited to no more than $100,000 per applicant.

The Spectrum Reach Pay It Forward Grant program provides small business owners with marketing resources and tools to expand their brand, connect with new audiences and achieve lasting success. Grant recipients will receive free TV and streaming advertising, an original 30-second commercial, support from local marketing experts in the community, on-demand educational resources and top-level industry insights and opportunities to network and learn at invitation-only events with peers.

Funding is available to support businesses and property improvements within Baltimore's Downtown Management Authority boundaries. Baltimore has multiple grant programs available for façade improvement and the buildout of storefronts. There are also funds available specifically for both minority-owned businesses and restaurant businesses.

The KeyBank Foundation is investing $300,000 to support small businesses and commercial property owners located in the city of Rochester’s EMMA and Beechwood neighborhoods. The program will provide grants ranging from $2,500 to $10,000 for capital improvements such as façade upgrades, lighting, signage, interior repairs, accessibility enhancements and safety improvements—projects designed to immediately improve the appearance, functionality and walkability of neighborhood business corridors.