Glassboro is one of the few South Jersey communities identified as a priority for incentive awards under the Economic Opportunity Act of 2013. This new legislation streamlines five state incentive programs into two:
1. The Grow New Jersey Assistance Program (Grow NJ) offers job creation and retention incentives.
2. The Economic Redevelopment and Growth Program (ERG) is the key developer program.
Applications submitted to the Grow NJ and ERG programs are evaluated to determine eligibility. Projects must generate new tax revenue, complete capital investments and/or hire or retain employees to be approved.
Glassboro's Business Development team has identified top properties and can offer examples of what projects may be suited for the area as well as possible incentives available for each, depending on the project.
Contact the Business Development Office to learn more about these incentives and available properties in Glassboro.
(856) 881-9230 Ext: 88178