Business Support

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Atlantic County Economic Alliance
Atlantic County’s One Stop Shop for Business Expansion and Relocation Services

Coronavirus Information and Assistance for Businesses

The ACEA is tracking and monitoring government and private sector activity to support businesses during the COVID-19 crisis. Information is fluid and rapidly evolving as government agencies gear up to create and administer new programs. The following summaries, information, and links describe programs ACEA believes may be of high interest to our local business community. This information is not intended to be an exhaustive list of all available resources during the COVID-19 crisis. We encourage members of our business community to check back regularly for updates and to do their own independent research about available programs and resources.

Latest News

May 18: Governor Murphy’s Strategic Plan to Restart the State’s Economy through a Multi-Staged Approach
Roadmap to Recovery Chart


Federal Reserve Board announces it is expanding the scope and eligibility for the Main Street Lending Program

More Money for Businesses is Coming - The Federal Reserve released guidelines for its soon-to-open Main Street Lending Program that will offer four-year loans starting at $500,000 for small- and medium-sized businesses hit by the coronavirus pandemic. To qualify, a business must have had fewer than 15,000 employees or less than $5 billion in revenue in 2019. Lending institutions are administering the program, and a high percentage of each of the loans will be guaranteed by the Fed. Principal and interest payments will be deferred for one year. 

Act Now - Once the Federal Reserve opens the Main Street Lending Program, qualified businesses should apply quickly. To prepare, the New Jersey Chamber encourages members to review the information and reach out to lenders now.

For the Fed’s press release, CLICK HERE.  

For frequently asked questions, CLICK HERE.

CARES Act, Paycheck Protection Program

On March 27, 2020, President Trump signed a $2.2 trillion economic rescue package into law, known as the CARES Act of 2020, to support businesses, rush resources to health care providers, and help families during the coronavirus epidemic. One aspect of the CARES Act is the Paycheck Protection Program, which sets aside $349 billion for loans, loan guarantees, and forgivable loans to businesses with fewer than 500 people.

The program will be run through commercial banks with SBA relationships. Non-SBA banks may be accepted into the program as the program evolves.

To access this assistance, please check with your current bank to find out if it is an authorized SBA lender. If not, seek a bank that is an authorized SBA lender. To view a list of authorized SBA lenders, click here.

Key details:

  • Open to private sector businesses including sole proprietorships, independent contractors, self-employed peoples, and private non-profits. 
  • Businesses do not have to pay fees or demonstrate inability to get a loan elsewhere.
  • Business must certify impact from COVID-19.
  • Loans to businesses up to 500 employees for a max of $10 million or 2.5 times the company’s average monthly payroll over the last 12 months, whatever is less.
  • Deferment of loan payments for six months but no more than twelve months.
  • Loan forgiveness for monies spent on payroll, rents, mortgage and utility payments.
  • Forgiveness will be adjusted downward for reductions in number of workers or payrolls below a certain point.
  • Note:  The lending bank is fully responsible for determining eligibility and credit worthiness. The Small Business Administration (SBA) will guarantee up to 100% of the loan. Banks will expedite loans and SBA does not have to review or approve the loan package. The program is completely dependent on the review of the commercial bank.

Click here for access to the Paycheck Protection Program (PPP) and a comprehensive list of federal funding options.

More information

PPP Loans Available through LISC's affiliate

US Chamber CARES Act Guide

U.S. Small Business Administration, Economic Injury Disaster Loans

U.S. Small Business Administration, Economic Injury Disaster Loans – Presently being refunded
The SBA declared New Jersey an economic disaster zone as a result of COVID-19. SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance per small business (500 employees or less) and can provide support to help overcome the temporary loss of revenue they are experiencing. Applicants may qualify for a forgivable loan advance up to $10,000. Loans may be used to pay fixed debts, payroll, accounts payable and other bills that can ’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere. Businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%. SBA offers loans with long-term repayments up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
For more information or to apply:
Call 1-800-659-2955

Small Business Administration Loan Application Support

Carol Waities, director of the SBA Office at Stockton University is requesting that interested business complete the attached Client Intake Form” and fill out the blocks highlighted in yellow. Completed forms should be sent to Carol Waties at ( or Cynthia Kelly at ( All form submissions will get a call from a blocked number (SBA is working from home) and each business will be scheduled to have their questions answered and receive assistance in completing their applications.

Carol Waties, Director
NJSBDC at Stockton University
Serving Atlantic, Cape May and Cumberland Counties
P: 609-626-3889

Free Technical Assistance Available For Businesses During COVID-19 Crisis

Need help accessing federal Small Business Administration Programs, including the new $349 Billion Payroll Protection Program?

Businesses seeking technical support to help prepare U.S. Small Business Administration (SBA) applications during the COVID-19 crisis can turn to a growing number of entities for free help. The following is a list of organizations assembled by the Atlantic County Economic Alliance to support our business community. These organizations have been identified by the State of New Jersey or the federal government as technical assistance vendors for our business community during COVID-19 crisis.

The list below is not exhaustive and the ACEA makes no recommendation of which vendor a business should use. The ACEA will update this list should more vendors become available.

NJ Small Business Development Center at Stockton University
P: 609-626-3889

African American Chamber of Commerce
P: (609) 571-1620

New Jersey State Veterans Chamber of Commerce

Rising Tide Capital
P:  201-432-4316

Statewide Hispanic Chamber of Commerce of New Jersey
P: (201) 935-0035

Federal Income Tax Deadline Extension

The 2019 income tax filing and payment deadlines for all taxpayers who file and pay their federal income taxes on April 15, 2020, are automatically extended until July 15, 2020. This relief applies to all individual returns, trusts, and corporations. This relief is automatic, taxpayers do not need to file any additional forms or call the IRS to qualify. This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020. Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020.

Individual taxpayers who need additional time to file beyond the July 15 deadline can request a filing extension by filing Form 4868 through their tax professional, tax software or using the Free File link on Businesses who need additional time must file Form 7004.

Deferral of Employers Social Security Taxes

The employer portion of the social security taxes may be deferred through the end of 2020. Half of the deferred amount will be due at the end of 2021 and the other half will be due at the end of 2022.  The Social Security deferral is not available to companies aspiring to apply for a Payroll Preservation Program loan and have it forgiven.


New Jersey Economic Development Authority COVID-19 Disaster Programs

  • Small Business Emergency Assistance Grant Program – A $5 million program that will provide grants up to $5,000 to small businesses in retail, arts, entertainment, recreation, accommodation, food service, and other services – such as repair, maintenance, personal, and laundry services – to stabilize their operations and reduce the need for layoffs or furloughs.
  • Small Business Emergency Assistance Loan Program – A $10 million program that will provide working capital loans of up to $100,000 to businesses with less than $5 million in revenues. Loans made through the program will have ten-year terms with zero percent for the first five years, then resetting to the EDA’s prevailing floor rate (capped at 3.00%) for the remaining five years.
  • Community Development Finance Institution (CDFI) Emergency Loan Loss Reserve Fund – A $10 million capital reserve fund to take a first loss position on CDFI loans that provide low interest working capital to micro businesses. This will allow CDFIs to withstand loan defaults due to the outbreak, which will allow them to provide more loans at lower interest rates to microbusinesses affected by the outbreak.
  • CDFI Emergency Assistance Grant Program – A $1.25 million program that will provide grants of up to $250,000 to CDFIs to scale operations or reduce interest rates for the duration of the outbreak.
  • NJ Entrepreneur Support Program – A $5 million program that will encourage continued capital flows to new companies, often in the innovation economy, and temporarily support a shaky market by providing 80 percent loan guarantees for working capital loans to entrepreneurs.
  • Small Business Emergency Assistance Guarantee Program – A $10 million program that will provide 50 percent guarantees on working capital loans and waive fees on loans made through institutions participating in the NJEDA’s existing Premier Lender or Premier CDFI programs.
  • Emergency Technical Assistance Program – A $150,000 program that will support technical assistance to New Jersey-based companies applying for assistance through the U.S. Small Business Administration. The organizations contracted will be paid based on SBA application submissions supported by the technical assistance they provide.

Additional details on the NJEDA’s new programs, including complete eligibility requirements.  Applications are anticipated to be opened during the week of March 30th. To see which of these programs you are eligible for, use the NJ COVID-19 Business Support Eligibility Wizard.

For Application Assistance call 844-965-1125.  This toll free assistance number is open 8am to 9pm Monday to Friday and 11am to 5pm Saturday and Sunday.

Comprehensive Information Guide from NJ

Comprehensive information about New Jersey’s response to the novel coronavirus outbreak.

New Jersey Business Action Center Hotline

New Jersey Business Action Center’s Helpline is now available Monday to Friday 8am to 5pm.  Not open on weekends.

Call 1-800-JERSEY-7 to address any concerns you or your employees have.

COVID-19 On Demand Hiring Portal

Did you lose your job or have your hours reduced as a result of COVID-19? Businesses across New Jersey need thousands of workers for immediate hire.

Need help finding a job that's a good fit for you? Enter key terms into the search box that will help narrow down the list. Type in the type of job(s) you're interested in (for example: Home Health Aide, Cashier, Delivery Driver). You can also type in your town or county to see some places hiring near you. If you're looking to work for a specific company, type their name in the search box.

Employers in critical industries should submit information about openings with urgent hiring needs to the intake form.

For more information visit the On Demand Hiring Portal website.

State Income Tax Deadline Extension

State tax filing deadline extension from April 15 to July 15, 2020.
NJ fiscal year budget extension to September 30, 2020.


Facebook Business Resources Hub

Garden State Relief Fund for small businesses and non-profits located in the THRIVE South Jersey footprint that includes western Atlantic County. 

Governor Murphy Announces Mortgage Payment Relief, Financial Protections for New Jerseyans Facing Economic Hardship as a Result of COVID-19

USDA Announces Coronavirus Food Assistance Program

“If it was not for the commitment and thought leadership provided by the Atlantic County Economic Alliance, we would never have explored the use of the Atlantic City Convention Center as the location for our first U.S. world-class data center.”

Michael Tobin, CEO
Continent 8 Technologies

Full Testimonial

“With the insight, guidance and well-connected network of the Atlantic County Economic Alliance, we successfully completed our $60 million expansion and have created nearly 100 additional professional and technical jobs.”

Peter Gallagher, Vice President

Full Testimonial

Peter Gallagher, Vice President TELIGENT, INC.
Nicholas Calio, President RESDEL CORPORATION

“The ACEA is an outstanding organization that recognizes and promotes the needs of the business community. I highly recommend its services to any business that is considering relocation and/or expansion.”

Nicholas Calio, President

Full Testimonial

Site Selection


The ACEA provides prompt response and identification of available commercial, office, industrial, and developable land requests tailored to your specifications and requirements. The ACEA acts as your liaison with brokers for follow up information requests while maintaining strict confidentiality until your firm is ready to engage in actual site visits. Our staff is available to accompany you on site visits and provide insight and assistance throughout the process.

Permits and regulatory requirements


The ACEA coordinates contact with municipal, county, and state agencies; including planning and zoning committees, environmental oversight boards, and permit inspection professionals. Our staff is available to assist you in working with state and federal regulatory agencies and meeting requirements.



The ACEA introduces you to utility company representatives, municipal, and county officials, business leaders, education institutions, and advocacy groups. Our staff helps connect you to the right person for every stage of your development and project. Upon request, we will provide professional service referrals for recognized experts in their fields.

Data requests


The ACEA provides experience in generating data and tailoring information requests taken directly from primary sources such as the U.S. Department of Labor, Bureau of the Census, and various New Jersey state and county agencies. Such information may include local wage rates by occupation, land, and building prices, and information on Atlantic County sewer, water, sewage, roads, public transportation, and household characteristics. The ACEA strives to place you in an informed position prior to a full project due diligence commitment.

Workforce assistance


The ACEA directs you to workforce training professionals who will assist you in training employees to meet your specifications, often subsidized by the New Jersey Department of Labor.

Workforce Programs and Resources

Financing assistance


The ACEA provides information about available financing programs and opportunities, as well as referrals to financing groups and agencies such as the New Jersey Economic Development Authority, the Atlantic County Improvement Authority, economic and community development organizations, and commercial financial institutions.

Financing/Loan Programs

Promote your success


The ACEA promotes your business accomplishments as part of its marketing campaigns in print and online. Your success and growth is our mission!

State Assistance

  • Economic Redevelopment and Growth Program (ERG)

    This program is an incentive for developers and businesses to address revenue gaps in development projects. Residential and commercial projects could see assistance of up to 20% of the total project cost. Click Here for more details.

  • Urban Enterprise Zone Program (UEZ)

    This program is currently available to businesses located in Pleasantville, Atlantic County. Businesses can benefit from reduced sales tax to 3.5%, tax-free purchases on capital equipment/ expansions and financial assistance from agencies such as the New Jersey Economic Development Authority. Click Here for more details.

  • The 108 Loan and Micro Loan Program (ACIA)

    Administered by the Atlantic County Improvement Authority, these programs are open to businesses located in municipalities that participate in the Community Development Block Grant as well as Atlantic City. The Micro Loan Program offers loans between $1,000 and $35,000 to start-up businesses that meet the HUD criteria of low to moderate income. The 108 Loan Program can provide for-profit businesses with loans up to 40 percent of the project cost. Click Here for more details.

  • NJEDA Site Evaluator tool

    Evaluate potential business locations in NJ and get information associated with the Economic Opportunity Act of 2013.

  • On-the-Job Training (OJT) Wage Reimbursement Program
    • Program A: Employers are eligible for up to a $4,000 wage reimbursement for a specific occupational title over a period of time.
    • Program B: Employers are eligible to collect up to 100% of the commensurate wage for a specific occupational title over a period of time. The wage must pay $7.25 per hour and be full-time. The employer must hire and train participants enrolled in a subsidized employment program.
    • Program C: Employers are eligible for 50% of the commensurate wage for four to 26 weeks. The wage must pay $8.50 per hour and be full-time. The employer must hire a participant receiving General Assistance (GA) or Supplemental Nutritional Assistance Program (SNAP).
    • Program D: Employers are eligible for up to 100% of the commensurate wage for the first 13 weeks and 50% for the remaining 13 weeks. The wage must pay $8.50 per hour and be full-time. The employer must hire a participant receiving Temporary Assistance for Needy Families (TANF).
  • Casino Reinvestment Development Authority (CRDA) Regulations and Guidelines

    Project funding for Atlantic City based development. Funds can be used for construction, rehabilitation, acquisition and professional fees. The CRDA can provide both construction and permanent financing.

More Resources