Governor Murphy Announces Additional $20M in Funding for NJ Manufacturing Voucher Program

nj.gov

Photo Credit: Gov. Phil Murphy (Edwin J. Torres/ Governor's Office)

Governor Phil Murphy today (7/13) highlighted the additional $20 million included in the Fiscal Year 2024 budget to boost the New Jersey Economic Development Authority’s (NJEDA) New Jersey Manufacturing Voucher Program (MVP) – bringing the program’s total funding to $53 million. MVP, developed in 2022 as a pilot program, provides manufacturers vouchers to purchase equipment they need to improve their operations and upgrade their businesses.