Skip to content
Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Equity

New Jersey Innovation Evergreen Fund (NJIEF)

Status

Status not published

This funder does not publish a call calendar. Check their page before planning around it.

Open now
Amount
$40,000,000

New Jersey corporations buy state tax credits at a competitive auction; the proceeds are deployed by approved private venture capital firms as co-investments into early-stage New Jersey businesses. Investment sizes vary by partner firm, ranging from $250,000 to $40 million. As of 22 April 2026 the programme had $63,403,550 in unallocated capital.

Funder

New Jersey Economic Development Authority (NJEDA)

ppp · regional

Deadline: Open all year

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

Who can apply

Company must be New Jersey-based and in its early stages. Cannabis licence and certification holders regulated by the New Jersey Cannabis Regulatory Commission are excluded. Companies apply to the partner VC firms, not to NJEDA directly.

How to apply

  1. Review the list of 34+ approved venture capital partner firms on the NJEDA Evergreen page
  2. Approach a partner firm whose thesis matches your sector and stage
  3. The partner firm leads the round; NJIEF co-invests alongside it
  4. Contact njief@njeda.com for an introduction to venture partners

What you will need

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://www.njeda.gov/evergreen/

"$63,403,550"

Verified on 14 August 2026

Source: www.njeda.gov

Similar programmes

Small Business Investment Company (SBIC) Program

Open continuously

U.S. Small Business Administration

Connecticut Innovations Pre-Seed and Venture Investments

Open continuously

Connecticut Innovations (CI)

Elevate Ventures Community Ideation and Pre-Seed Investments

Open continuously

Elevate Ventures (Indiana Economic Development Corporation)

Elemental Impact Data Center Innovation Initiative

Status not published

Elemental Impact

Republic (Regulation Crowdfunding and Reg A+ platform)

Status not published

Republic (OpenDeal Portal LLC)

Wefunder (Regulation Crowdfunding platform)

Status not published

Wefunder Portal LLC (SEC-registered funding portal)

Paid, separate from Unclaimed

Want a human to review your application?

Involve Consulting can help — a paid expert-review service run by the same person behind Unclaimed, entirely separate from this free check. A flat fee, agreed up front; never a cut of what you receive.

Talk to Involve Consulting