NJEDA Small Business Emergency Assistance Grant Program – Phase 3 Pre-Registration Now Open

NJEDA Small Business Emergency Assistance Grant Program - Phase 3 Pre-Registration Now Open Information for Phase 3 of the NJEDA Small Business Emergency Assistance Grant Mandatory Pre-Registration and Application Periods Pre-Registration Opens at 9am EST on October 19, 2020 and Closes 5pm EST on October 27, 2020. To be Eligible for Phase 3 funding your business MUST pre-register. Access the Pre-Registration here. Phase 3 of the Grant Program will likely be oversubscribed. To streamline the application process, the Authority is requiring all applicants to pre-register online. Applications will become available on a rolling basis following the pre-registration period. Pre-registered applicants will need to return to complete an application based on the following schedule: Restaurants – 9:00 a.m. on Thursday, October 29, 2020 Micro businesses – 9:00 a.m. on Friday, October 30, 2020 All other businesses,... Read More

SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less

The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The PPP has provided 5.2 million loans worth $525 billion to American small businesses, providing critical economic relief and supporting more than 51 million jobs,” said Secretary Steven T. Mnuchin.  “Today’s action streamlines the forgiveness process for PPP borrowers with loans of $50,000 or less and thousands of PPP lenders who worked around the clock to process loans quickly,” he continued.  “We are committed to making the PPP forgiveness process as simple as possible while also protecting against... Read More

Virtual Fall Block Party!

Even though the Annual Ocean City Fall Block Party may be cancelled, that doesn't mean that you can't shop from home! The Block Party is going virtual! October 9th thru 11th you can SHOP LOCAL from your own home, or visit the store for in-person shopping specials! October 3rd & 4th-Downtown & Boardwalk stores will offer their annual tables sales with great buys! October 9th thru 11th-Downtown & Boardwalk stores will offer their annual tables sales and even more specials with their Virtual Block Party deals!  Shop online, shop in person and shop local! Store specials are posted below and you can shop online or shop in person!       ... Read More

NJBIA Criticizes Decision to Raise Income Taxes as Policymakers Confirm They Weren’t Needed to Fill Budget Gaps

This tax increase in exchange for suggested middle class relief is a gimmick that further verifies what we have said all along – increased taxes were always completely unnecessary as part of the FY2021 budget that already includes billions in bonding.   We note that the relief tied to this tax increase is undermined by other non-budget hikes for tolls and gas and other proposed taxes in the budget. Our taxpayers need real tax reform that includes property tax relief, while this does not really improve our overall affordability crisis or remove us from the edge of our fiscal cliff.   It does not get to the root causes of our lost $24 billion in net adjusted gross income over the a 12-year span. It incentivizes those who can live anywhere and work remotely,... Read More

Action Alert – NJ Business Coalition Priorities for Congressional Delegation

Your action is requested. We encourage you all to call our delegation members asap. DC and NJ contact info is below. Talking points are below and/or reference the letter (click here) when you reach out to our delegation members. NJ Business Coalition Priorities for Congressional Delegation ·     Federal Assistance ·     New Jersey faces an unprecedented budget shortfall and, without federal assistance, the state will likely take action that would damage the state’s economic prospects including cutting costs by reducing expenditures on services our businesses rely on, increasing taxes on businesses and families, and borrowing billions of dollars. ·     Legislation such as the SMART Act, sponsored by our own Sen. Robert Menendez (D-NJ) and Congresswoman Mikie Sherrill (D-NJ), which would allocate $500 billion to state and local governments, would help the state replace lost revenue and reduce the... Read More

NJBIA, NJ Chamber of Commerce Issue Joint Statement on Reopening of NJ Businesses

Michele Siekerka, president and CEO of the New Jersey Business & Industry Association, and Tom Bracken, president and CEO of the New Jersey State Chamber of Commerce, issued the following statement today regarding a regional approach to reopening New Jersey businesses. “It appears that deferring to industry experts and local officials for COVID-19 reopening decisions is the proper process, except when it comes to the reopening of our businesses. “On Monday, Governor Murphy deferred decisions on fall sports to the NJSIAA, saying that, as experts, they know best. And, last week, the governor and the state Department of Health released guidelines for school reopenings, using data from six regions to inform local decisions and deferring to local health officials and school districts as the experts because ‘no one size fits all.’ “The New... Read More

Types of Fish Caught in Ocean City, NJ, and How to Cook Them

Out of all the fun family activities in Ocean City, NJ, one thing that tops a lot of people's lists is spending the day relaxing and fishing from a pier, boat or beach. Atlantic coastal waters are full of different fish, no matter the season. Fishing together is a great bonding experience, and you can use it as an opportunity to teach your children more about the world around them. The best part? At the end of the day, you can cook your catch for an easy, satisfying dinner. Read on to learn more about what types of fish you can catch in Ocean City, NJ, and how to cook them. Types of Fish You Can Catch Whether you are fishing for the experience or to put dinner on your table, there... Read More

How to Beach-Proof Your Phone and Other Electronic Devices

A visit to the shore means a fun day in the sand, sun and sea. You're sure to make plenty of memories that you want to save with photos and videos on your phone, and that calls for a bit of beach-proofing. Preserve your memories and your devices from the potential hazards the shore can present to make sure your vacation goes smoothly. When it comes to the beach, the heat, the sand and the water can cause problems for your technology. Don't let those dangers stop you from enjoying your day at the shore! Instead, learn how to beach-proof your phone and other electronic devices with the tips below and enjoy your beach vacation more. Protect Your Phone From the Heat Too much heat can ruin your phone's screen or battery, and... Read More

NJ Health Benefits Premium Tax – Urgent Action Needed!

Businesses in New Jersey could face higher health insurance premiums under legislation introduced July 6 that would impose a new state tax on fully insured health insurance premiums. Ocean City Regional Chamber of Commerce opposes the bill.   S-2676 (Vitale, D-19) / A-4389 (McKeon, D-27), would impose a new 2.75% state excise tax on fully insured health insurance premiums for health benefits plans, MEWAs and dental and vision coverage. The bill is similar to a health insurance tax Gov. Phil Murphy proposed in his original FY 2021 budget proposal, which he put forth before the pandemic began in the U.S.   Ocean City Regional Chamber of Commerce opposes the bill because it will increase healthcare costs for employers who have been struggling for years to continue to provide healthcare coverage to their employees despite... Read More