NJ BAC News Release: 6/23/2022

Your resource for current news, policies and helpful updates impacting New Jersey businesses.

 

Food and Beverage Manufacturers: Discover Export Opportunities

The New Jersey State Trade Expansion Program (NJSTEP), funded in part by the U.S. Small Business Administration and managed by NJBAC, is looking for “New to Export” companies owned by minorities, women, veterans or service-disabled veterans.

Awards are first-come, first-served, where successful applicants can gain access to valuable export resources and assistance to cover costs related to export activities, from trade shows to building an international-focused website, e-commerce, and marketing materials. Call NJBAC at 800-537-7397 to get your questions answered or email us at [email protected].

Download the Export Promotion Flyer

 

New Jersey Ranks 13th Among States in New Business Openings

A study of the Census Bureau’s Business Formation Statistics from August 2020 to July 2021 shows that new businesses, both online and brick-and-mortar, are increasing across the United States. In New Jersey, an analysis by SimplyBusiness.Com shows that there were 161,216 new business applications.

NJBAC’s Live Chat business experts fielded more than 100,000 calls from August 2020 during the same time as the Census Bureau’s study. They assisted with a variety of business issues, from closures to reopening offices. Specialists are available Monday through Friday from 8 a.m. to 5 p.m.

Join Our Live Chat To Speak With An Expert 

 

Warehouse Siting Guidance Plan Issued to Assist Municipalities

New Jersey is an ideal location for warehouse and distribution facilities, due in large part to the state’s proximity to nearby ports and transportation corridors. The pressure to add more facilities continues to grow, adding pressure to municipalities as they work to protect infrastructure, the environment, overburdened communities and pristine farmland.

The Office of Planning Advocacy in the Department of State’s Business Action Center, on behalf of the NJ State Planning Commission, has issued guidance on warehouse siting to help municipalities address increasingly high demand for warehouse space.

View Warehouse Siting Guidance

 

Tips for Creating a Recession-Proof Business Plan

Many companies are tightening their belts as concerns grow about whether inflation could give way to a recession. They are taking action to protect their businesses as much as possible. How can you prepare for any downturn? The U.S. Chamber is here to help, offering six ways to get started.

Click to Read More 

 

New Jersey Film and Digital Media Tax Credit Program Thrills High Profile Producers and Directors

Acclaimed filmmaker M. Night Shyamalan, who has filmed previously in New Jersey, wrapped up his latest horror movie, “Knock at the Cabin,” featuring scenes on location in Tabernacle and Southampton.

Steven Gorelick, executive director of the New Jersey Motion Picture and TV Commission (NJMPTV), heads up the team to promote the state as a premier destination for film and television production. The NJMPTV offers a variety of resources, including more about the Film Tax Credit application, industry job openings and other opportunities.

Visit the New Jersey Motion Picture and TV Commission

 

Small Business Advocates Return to Live Events and are Available to Speak to Your Group

NJBAC Small Business Advocate Anthony Martinez recently addressed the Consulate of El Salvador and members of the Latino small business community as a guest of the Small Business Administration (SBA) and Small Business Development Center (NJSBDC) at its Kean University site.

At the in-person event, held in Spanish, Martinez shared how to access a variety of services to meet their specific needs across state government agencies. 

NJSBDCs, funded in part by the NJBAC, are located in 12 regional centers across the state and provide no-cost business counseling to small business owners and entrepreneurs.

Learn More About Available Resources

 

Contact Us For Assistance

Visit business.nj.gov for the "live chat" with our NJBAC business experts from 8:00am - 5:00pm ET, Monday-Friday.

 

You can also contact us by phone at 1-800-JERSEY-7.

Sanford Area Growth Alliance

P.O. Box 820
Trenton, NJ 08625-0820
www.state.nj.us/state/bac/

Twitter

Facebook

LinkedIn

 

All content © BAC / All rights reserved.
Not a subscriber yet? Visit us here  |  Unsubscribe