Trenton offers affordable office space, averaging less than $20 a square foot, as well as a host of incentives to companies to locate and expand within its city limits. Trenton’s Urban Enterprise Zone provides businesses with unparallel tax credits, rebates, exemptions and related benefits found nowhere else in Mercer County.
Every October, the Division spearheads Trenton Small Business Week! This Week offers professionals, entrepreneurs and aspiring business owners from throughout the Greater Trenton Area an opportunity to attend a variety of workshops that could assist them in jumpstarting and/or increasing their competitiveness in the business world. For more information, contact the City’s Economic Development office at 609-989-3603.
New Jersey Economic Development Authority
The New Jersey Economic Development Authority is an excellent source for City businesses interested in low interest financing through bonds, loan participations, loan guarantees and direct loans with a choice of variable or fixed rates. For more information on these opportunities, please visit www.njeda.com for more details.
The Capital City Redevelopment Corporation (CCRC) is a state agency dedicated to business development in the capital city, seeking to coordinate, initiate, expedite, finance and implement targeted economic development.
Brownfields Management Due to Trenton’s strong industrial history, the Division has a several members of its staff dedicated to environmental issues and Brownfield projects. Through its efforts, the Division is able to meet the many challenges associated with these projects and revitalize old industrial sites into vibrant residential locations, pristine green spaces and parks or thriving business zones. Please click on Brownfields Program for more information regarding this initiative.
Live Where You Work Program The Live Where You Work Program is a partnership between the City of Trenton and the New Jersey Housing and Mortgage Finance Agency (HMFA). The program offers low-interest mortgage loans to homebuyers who work in Trenton and who want to purchase a home in Trenton. If you are interested in learning about this exciting opportunity, please click on LWYW Trenton for more information.
The attached Trenton Profile document outlines many resources, including Business Assistance Programs and financing options on page 5.