ABOUT THE PROGRAM
NJEDA’s ESOP Assistance Program is a limited pilot designed to help business owners explore transitioning to an ESOP. Through the program, eligible businesses can receive up to 90% of the cost of ESOP Feasibility Study services—up to $35,000 per business. Funding is limited and awarded on a first-come, first-served basis.
> For program details see the ESOP Assistance Program Fact Sheet
In tandem with the NJ ESOP Assistance Program, the Rutgers School of Management and Labor Relations has entered into an agreement with the New Jersey Economic Development Authority (NJEDA) on an Employee Ownership Education and Outreach Campaign to educate New Jersey business owners and other stakeholders about employee ownership.
