Office of Economic Development

The Office of Economic Development's objectives is to retain, attract, and grow businesses. And also enhance small and minority business capacity, and spur real estate development in every ward of the City of Plainfield.

The Office of Economic Development for the City of Plainfield serves the residents, business community, investors and developers by providing top quality client assistance, guidance and support in order to ensure that development and small business growth take place in Plainfield. Our professional staff will guide you and coordinate appropriate assistance from local, state, federal and private organizations in an effort to ensure those looking to invest in Plainfield have all the tools available to become successful entrepreneurs.

Economic Development Contact Information.

Master Plan

Plainfield Opportunity Zones

COVID-19 NJEDA Resources

For Phase II on reopening more businesses, please be notified that this coming Tuesday, (June 16) one of our partners, UECDC , will be offering a webinar with a focus on refreshing business plan for sustainability and to meet the challenges of economic change and disruptions like the COVID-19 crisis.

Please click on the following link to the registration page for this event:
https://ucedc.com/event/writing-a-plan-plainfield/

State Programs from the NJ EDA:

To start, please find NJEDA Grant and Loan Opportunities below that may be helpful as you and others in our Plainfield Business Community navigate through this time.

The Emergency Grant Package

Food and food service, arts and entertainment, and personal care service businesses are eligible. Applications go live Friday, April 3, 2020 @ 9:00AM.

https://www.njeda.com/pdfs/NJEDA_COVID-19_Economic-Response-Package-Initial-W

Emergency Loan Package

Designed to assist small businesses and nonprofits with covering operating expenses and ensure the continuity of operations. Awardees can receive up to $100,000 with zero interest in years 1-5 and one to three percent interest in years 6-10.

https://faq.business.nj.gov/en/articles/3835238-what-loans-are-available-to-small-businesses-via-the-njeda-small-business-emergency-assistance-loan

Application Assistance Partnership Opportunities

Businesses can receive help applying for Federal and State assistance through the African American Chamber of Commerce, the New Jersey State Veterans Chamber of Commerce, Rising Tide Capital, and the Statewide Hispanic Chamber of Commerce.

https://faq.business.nj.gov/en/articles/3835241-can-i-get-help-applying-to-federal-or-state-financial-assistance-programs

Community Development Finance Institutions (CGFI) Emergency Grant

This type of assistance is designed to increase NJEDA's capacity to expand funding for micro and small businesses through New Jersey Based CDFI's. Application goes live on Wednesday, April 8, 2020 @ 9:00AM.

https://faq.business.nj.gov/en/articles/3835240-what-state-assistance-is-available-for-community-development-finance-institutions-cdfis-to-support-small-businesses-grant-applications-open-april-8-2020-at-9-a-m

Entrepreneurship Guarantee Assistance Program

Investors in start-ups and entrepreneurs also have an opportunity to receive assistance to promote continued private investment in venture capitalist type projects. More Details regarding applications will be updated over the next week.

https://faq.business.nj.gov/en/articles/3835239-what-assistance-is-available-for-startup-investors-or-entrepreneurs-via-the-njeda-entrepreneur-guarantee-program