Search/TAX_CREDIT

NJ: Net Operating Loss (NOL) Program

New Jersey Economic Development AuthorityTAX_CREDITSTATEEquity-Free
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Amount
$75,000,000
Deadline
June 30, 2026
Bootstrap Score
7/10
Complexity
7/10

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About This Opportunity

The New Jersey Net Operating Loss (NOL) program helps early-stage technology and life sciences companies in New Jersey by allowing them to sell a portion of their net operating losses and unused R&D tax credits for cash. This capital can then be used to cover essential operating costs like salaries and research & development expenses. It's designed for innovative, unprofitable startups with fewer than 225 U.S. employees.

Eligibility Requirements

Required
Must be a technology or life sciences companyINDUSTRY
Required
Must be an early-stage companySTAGE
Required
Must be based in New JerseyLOCATION
Required
Must be an innovative, unprofitable startupSTAGE
Required
Must have fewer than 225 U.S. employeesTEAM_SIZE

Application Guide

Process
APPLICATION ONLY
Difficulty
7/10
Selection Criteria

Selection is based on being an early-stage, innovative, unprofitable technology or life sciences company located in New Jersey with fewer than 225 U.S. employees, demonstrating eligible net operating losses and R&D tax credits.

Tips for Applicants

Clearly document your company's early-stage status, innovative nature, and financial losses. Ensure all R&D tax credit claims are meticulously prepared and supported with proper documentation.

Geographic Coverage

NJ

Links & Resources

Source & freshness

Last verified: 6/16/2026

Primary source: Official source page

Refresh cadence: Listings are refreshed weekly.

Reminder: Confirm eligibility and deadlines before applying.

View all opportunities from New Jersey Economic Development Authority