City of Hoboken Small Business Grant Program 2021

Access COH Small Business Grant Program Criteria

1) Please complete the entire form.

2) Read the information at the end of this application, including the financial and other information that will be required prior to grant award, if approved.

3) Sign and attach any required documents; submit the application by clicking submit below.

Applications must include all required documentation in order to be considered for funding. If an application does not contain all required documentation, it will be incomplete and ineligible for award.

Eligible businesses can request grant funding up to a maximum amount of $10,000. Your application must demonstrate that your business has incurred eligible expenses equaling the amount of grant funding you are requesting.

[Click Here to view examples of a Business Registration Certificate and Certificate of Formation]

[Click Here to download and complete a W-9 form]

PLEASE NOTE: You may not apply for Hoboken Small Business Grant funds for the same Eligible Expenses your business has already received funding for from any other source. 

Applications must include all required documentation in order to be considered for funding. If an application does not contain all required documentation, it will be incomplete and ineligible for award.

Eligible businesses can request grant funding up to a maximum amount of $10,000. Your application must demonstrate that your business has incurred eligible expenses equaling or exceeding the amount of grant funding you are requesting.

The following Business Expenses incurred between September 1, 2020 and July 28, 2021 are eligible:

• Rent/Lease Payments
• Mortgage Payments
• Utilities (Electric, Gas, Water, Phone, Internet) Payments
• Employee Salaries (including Owner salary)* – please note: program allows a one-time claim of $2000 per employee; claim is not based on monthly wages.
• Business Loan Payments
• Equipment Lease/Financing Payments

BUSINESS & UTILITIES EXPENSES – Please enter below the amounts that you are requesting funding for. Please note that your total grant request cannot exceed $10,000.

Total Grant Funding Requested:

Bonus funding will be awarded to applicants who can demonstrate 75% or greater employee COVID-19 vaccination rate. The bonus will be added to the total grant award. Please note that employee(s) must be fully vaccinated against COVID-19 at the time of application submission in order to qualify for this bonus. 

I certify that the following statements are true:

· Business is currently registered as a business with the New Jersey Department of Treasury, Division of Taxation.

· Business has not received benefits or reimbursements from any other source for the same Eligible Expenses claimed/requested in this application.

· Business was open at the time of the grant application and will use its best efforts to continue business operations.

· Business has been adversely impacted by COVID-19 resulting in a reduction of its business operations whether due to a partial closure, a complete closure or a change in the manner of doing business.

· Business has a material financial need caused by COVID-19 that cannot be overcome without the benefit of this financial assistance.

· If applying for the Bonus Award: The employee COVID-19 vaccination rate is true and accurate, and any proof of vaccination provided with the application is valid.

· Applicant agrees and understands that any funds contained within a grant award that represent a payment for an expense or obligation owed to a third party must be used to make payment to the third party for the obligation or expense. The applicant further certifies that any request for reimbursement for an expense or obligation previously paid by the applicant to a third party is an expense or obligation actually paid by the applicant to the third party.

· All the statements and information provided herein and in the submitted application are accurate and truthful. I agree to be bound by the terms and conditions contained in the application. I am aware that if any of the information or statements made by me are willfully false, I am subject to punishment by law and reimbursement of funds with interest at 1% per annum. By accepting this grant award, I agree to make any other documents reasonably required by the City of Hoboken or by audit available as requested.

I certify that the following statements are true:

· Business is currently registered as a business with the New Jersey Department of Treasury, Division of Taxation.

· Business has not received benefits or reimbursements from any other source for the same Eligible Expenses claimed/requested in this application.

· Business was open at the time of the grant application and will use its best efforts to continue business operations.

· Business has been adversely impacted by COVID-19 resulting in a reduction of its business operations whether due to a partial closure, a complete closure or a change in the manner of doing business.

· Business has a material financial need caused by COVID-19 that cannot be overcome without the benefit of this financial assistance.

· If applying for the Bonus Award: The employee COVID-19 vaccination rate is true and accurate, and any proof of vaccination provided with the application is valid.

· Applicant agrees and understands that any funds contained within a grant award that represent a payment for an expense or obligation owed to a third party must be used to make payment to the third party for the obligation or expense. The applicant further certifies that any request for reimbursement for an expense or obligation previously paid by the applicant to a third party is an expense or obligation actually paid by the applicant to the third party.

· All the statements and information provided herein and in the submitted application are accurate and truthful. I agree to be bound by the terms and conditions contained in the application. I am aware that if any of the information or statements made by me are willfully false, I am subject to punishment by law and reimbursement of funds with interest at 1% per annum. By accepting this grant award, I agree to make any other documents reasonably required by the City of Hoboken or by audit available as requested.