October 25, 2014
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Division of Economic Development
"Open for Business"


The City of Trenton's Division of Economic Development works to create, encourage and enhance job growth and promote business retention and development throughout its borders.  The Division supports the business community within City government and partners with organizations and other governmental agencies such as the County of Mercer, Trenton Downtown Association, Mercer County Chamber of Commerce and state entities to further economic development.  During October of every year, the Division spearheads Trenton Small Business Week.  This Week offers professionals, entrepreneurs and aspiring business owners from throughout the Greater Trenton Area an opportunity to attend a variety of workshops that could assist them in jumpstarting and/or increasing their competitiveness in the business world.

Trenton Small Business Week - October 18th to 22nd
For more detailed information on the schedule of events, please feel free to visit www.smallbizweek.com for details.  Don't miss out on this exciting Week!!! 

Our Services and Programs

Financial Assistance Programs
The City of Trenton can assist businesses with their continued presence in the City or in relocating within the City's borders. 

Urban Enterprise Zone
One important tool that encompasses the majority of Trenton's commercial cooridors is our Urban Enterprise Zone (UEZ).  If you are a business within the UEZ, there are some significant financial benefits that can be reeped by becoming a UEZ business.     

The UEZ offers excellent tax incentives and certified UEZ businesses can be eligible to receive low interest loans and grants through the approval of the State UEZ Board.  Please click on UEZ to learn more information regarding this business growth and retention tool.

New Jersey Economic Development Authority
The New Jersey Economic Development Authority is an excellent source for City businesses interested in low interest financing through bonds, loan participations, loan guarantees and direct loans with a choice of variable or fixed rates.  For more information on these opportunities, please visit www.njeda.com for more details. 

Other Responsibilities and Functions

Brownfield Management
Due to Trenton's strong industrial history, the Division has a several members of its staff dedicated to environmental issues and Brownfield projects.  Through its efforts, the Division is able to meet the many challenges associated with these projects and revitalize old industrial sites into vibrant residential locations, pristine green spaces and parks or thriving business zones.  Please click on Brownfield Program for more information regarding this initiative.  

“June 2014:  City of Trenton’s Brownfields Program releases 2014 Brownfields Action Plan citing 20 years of revitalization and redevelopment.”

 

Live Where You Work Program
The Live Where You Work Program is a partnership between the City of Trenton and the New Jersey Housing and Mortgage Finance Agency (HMFA).  The program offers low-interest mortgage loans to homebuyers who work in Trenton and who want to purchase a home in Trenton.  If you are interested in learning about this exciting opportunity, please click on LWYW Trenton for more information. 

Tourism and Culture
The City of Trenton has a rich and storied past.  From the American revolution to the City's strong industrial history of "Trenton Makes, The World Takes", Trenton has stood in the forefront of the growth and development of America.  The Division of Economic Development looks to promote this past and works with several organizations and City Departments in marketing and showcasing these hidden treasures.            

Privately Owned Commercial Property 
If you are interested in discovering privately owned properties within the city's borders, please feel free to visit the websites of some of our local commercial real estate brokers including: 



 


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