A Video Message from Governor Corzine About Creating Jobs

Dear Friends,

I believe that both our state and our nation need to take proactive measures to ensure that we come out of this recession quickly and in a strong position to take advantage of the economic recovery that will follow.

In October, I presented my Economic Assistance and Recovery Plan to the Legislature, and on Tuesday I signed “Invest NJ”, a key component of this plan, into law. Invest NJ will create jobs and make it easier for businesses to make new investments and spark economic growth needed to get this economy moving again.

Please watch this video about the Invest NJ Plan:

The plan has two components. The first provides a $3,000 grant to New Jersey businesses for each new job they create. That’s significant help to a business that may be considering hiring a new worker with a $30,000 salary.

The second component provides a grant equal to seven percent of any qualified capital investment over $5,000 up and through January 1, 2011. So if a business needs to upgrade their computer system at a cost of $100,000 we will provide them with a $7,000 grant to help cover their costs.

If your business is interested in applying for one of these grants please contact the New Jersey Economic Development Authority at (609) 292-1800 or you can go to their website www.njeda.com.

I know times are tough right now, but that’s why we’re doing everything we can to make sure people and businesses get the help they need to get this economy moving again and to get our state and our nation back on track.

You can find more information about my Economic Assistance and Recovery Plan at http://nj.gov/governor/home/plan.html

Sincerely,

Jon S. Corzine
Governor

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