Tax Incentives

Bio-Reference Laboratories, Inc., Elmwood Park

Bergen County businesses are eligible for a range of tax incentives. New Jersey offers a variety of tax credit programs to support job creation, retention and capital investment, technology, life science and manufacturing. These valuable programs help companies invest and reinvest in the state.

Grow NJ Assistance Program


Grants of corporate business and insurance premiums tax credits for businesses creating or retaining jobs and making a capital investment in a qualified incentive area.Click here for more information.

Technology Business Tax-Certificate Transfer Program


The Technology Business Tax Certificate Transfer Program allows unprofitable technology and life science companies to raise cash by selling New Jersey tax losses and research and development credits to other New Jersey businesses for at least 80% of their value. Eligible businesses must be new or expanding technology or biotechnology companies with less than 225 employees in the United States, and have at least 75% of their employment base in New Jersey.

For more information on any of the New Jersey Economic Development Authority (NJEDA) programs, please contact Domestic Business Advocate Noel McGuire at 609-292-6335.