Survey: Most NJ Businesses Have Adapted to the Realities of Pandemic, but Need Help in the Coming Months
Businesses Say They Will Need Financial and Technical Support in Months to Come
State business owners report they are adapting to the realities of COVID-19, however many say they need additional support from the state and federal governments, including financing and technical assistance, according to an online survey of more than 2,000 state businesses and non-profits.
“New Jersey businesses have responded admirably to the hardships caused by the pandemic, but I know many are still hurting,” said Governor Phil Murphy. “Through our newly passed economic recovery package, we have $50 million in additional aid for small businesses we are preparing to deploy to help those in need, and we stand ready to offer technical and logistical assistance to ensure that those needs are met as well.”
The survey, conducted by the Heldrich Center for Workforce Development at Rutgers University and sponsored by the New Jersey Small Business Development Center (NJSBDC), was conducted in November to examine how businesses have revised operations during the COVID-19 pandemic to conduct business, serve customers, and support employees.