![]() ![]() Estimates from this calculator are not formal offers or approvals of an Emerge tax credit. It also does not take into account assessments of the cost gap between the New Jersey Project and an alternative site and the NJEDA’s inducement policy. It does not confirm that a project meets the program eligibility and bonus criteria requirements. This calculator is not a guarantee of a tax credit award. Users can adjust their inputs to understand how different project characteristics impact potential award sizes. The calculator provides estimates of potential Emerge tax credit awards based on inputs entered in by the user. ![]() This calculator is being provided as a courtesy planning tool to entities interested in applying for tax credits through the Emerge Program. Demonstrate that the award of the tax credit is a “material factor” in the decision to create or retain at least the minimum number of full-time jobs.Commit to stay at the Qualified Business Facility for 1.5 times the eligibility period.Ensure the Qualified Business Facility can accommodate at least 50 percent of incented jobs.Ensure that at least 80 percent of incented employees’ work time is spent in New Jersey and 80 percent of the withholdings of new or retained full-time jobs are subject to the ‘New Jersey Gross Income Tax Act’.Emerge tax credits must yield a minimum net positive economic benefit to the state of 200 percent to 400 percent depending on project location.Meet minimum capital investment requirements.Be located in an Eligible Incentive location.In some circumstances, this job creation requirement may be lower if a business is primarily engaged in a targeted industry, or if a business meets the definition of a “small business” as defined in the Emerge Program rules. Create at least 35 new, full-time jobs.To be eligible for Emerge support, a project must: is provided "AS-IS" with no warranties, express or implied, and its use confers no privileges or rights.įor additional language assistance, please click here to contact NJEDA to request assistance. The State expressly and fully disavows and disclaims any responsibility or liability in respect to any cause, claim, or consequential or direct damage or loss, however described, arising from the use of Google™ Translate. The NJEDA has no obligation to offer translation, and this service could change or be discontinued at any time. Information translated by Google™ Translate may not be accurate or current and is used at the user's sole risk. Neither the NJEDA nor the State of New Jersey (collectively, the “State”) reviews the services, information or content provided by Google™ Translate. The link does not constitute affiliation, endorsement, support, or approval of Google™ Translate. Google™ Translate is subject to its own terms of service, which can be viewed at ( ). contains a link to translation services provided by Google™ Translate, a free online translation service. ![]()
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