
Ronald S. Bienstock
Partner
201-896-7169 rbienstock@sh-law.comFirm Insights
Author: Ronald S. Bienstock
Date: August 31, 2021
Partner
201-896-7169 rbienstock@sh-law.comPerformance venues have been significantly impacted by COVID-19, with many just now reopening after being shuttered for more than a year. To help businesses recover, New Jersey is launching the Community Stage Relief Grant Program, a $17.5 million program that will provide grants of up to $300,000 to eligible for-profit establishments that host at least two regularly occurring live performances or events per week.
“The COVID-19 pandemic hit performing arts businesses particularly hard, and now that we are able to begin safely reopening it is critical that we help them get back on their feet,” NJEDA Chief Executive Officer Tim Sullivan said in a press statement. “The New Jersey Community Stage Relief Grant Program, along with the New Jersey Council on the Arts program for nonprofit establishments, will provide much-needed funding to help performing arts venues recover from the impact of COVID-19 and get back to hosting the shows that help make New Jersey such a vibrant, exciting place to live.”
In order to be eligible for the program, establishments must meet several eligibility criteria, including having a venue capacity of 2,500 or less. Eligible establishments will receive grants of up to 30% of their decline in operating revenue from 2019 to 2020, up to a maximum grant award of $300,000.
The New Jersey Community Stage Relief Grant Program is only open to for-profit establishments with arts-focused NAICS Codes or businesses that make 50 percent or more of their operating revenue from the organization, hosting, promotion, production, or management of live music or performances.
Establishments that meet one of the two baseline eligibility criteria outlined above must also meet the following eligibility requirements:
Applications for the New Jersey Community Stage Relief Grant Program are expected to open later in August. When they open, applications will be accepted on a first-come, first-served basis, based on the date and time at which the NJEDA receives the application. Only applications that are fully complete will be considered for funding.
If you have any questions or if you would like to discuss the matter further, please contact me, Ron Bienstock, or the Scarinci Hollenbeck attorney with whom you work, at 201-896-4100.
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