Direct Loan – NJEDA Financing for Wineries and Vineyards
NJEDA’s Direct Loan program provides financing to New Jersey wineries and vineyards for scientific and operational improvements to boost growth and job creation.
Funder: New Jersey Economic Development Authority
Due Dates: Rolling application
Funding Amounts: Loan amounts and terms vary; see program page for current details.
Summary: Provides direct loans to eligible New Jersey wineries and vineyards unable to secure conventional financing, supporting job creation and business growth.
Key Information: Applicants with cannabis-related licenses/certifications are ineligible.
Description
This program offers direct financing through the New Jersey Economic Development Authority (NJEDA) to support wineries and vineyards located in New Jersey that are unable to obtain traditional bank loans. The initiative is designed to help eligible businesses grow, invest in equipment and infrastructure, and create or retain jobs. Funding can be used for a range of qualified capital expenditures, and the program specifically addresses the unique needs of the state’s wineries and vineyards.
