Kearny Point, Bell Works among sites eligible for EDA rent grants for startups

The state has approved nine locations at which technology or life sciences startups can apply for rent support grants that would help them move into incubators, accelerators or co-working spaces, including some of New Jersey’s largest redevelopment projects.

The locations, which range from Hudson to Cumberland counties, are the first in the state to be approved under the newly unveiled NJ Ignite program. The Economic Development Authority announced the sites earlier this month, noting that the program provides up to nine months of rent support for startup businesses moving to collaborative workspaces.