Economic Development

Economic Development

About Us

Paterson, one of New Jersey’s largest and most historic cities, is undergoing a dynamic transformation and is embracing a new era of economic vitality.  The Department of Economic Development is leading this charge to build a vibrant, inclusive, and opportunity-rich urban center for residents, entrepreneurs, and visitors alike.

In partnership with Mayor Andre Sayegh, his administration, and the City Council, the Department of Economic Development is implementing a bold strategy to usher in a new era of sustainable growth and community success.

Approach to Citywide Growth

Economic development in Paterson goes beyond business attraction.  It’s about revitalizing the entire city.  Through six specialized divisions, the Department is coordinating efforts to create a thriving, livable, and economically resilient Paterson:

Building a Brighter Future, Together

Paterson is not just rebuilding, it's redefining what a 21st-century city can be. With a strong commitment to innovation, equity, and long-term prosperity, the Department of Economic Development is laying the foundation for a future that benefits everyone.

Why Choose Paterson?

•         Prime location in the NYC metro area
•         Rich cultural diversity and talent pool
•         Revitalized downtown and commercial corridors
•         Supportive local government and streamlined processes
•         UEZ benefits for eligible businesses
•         Commitment to sustainability and job creation

Be Part of Paterson’s Future

Whether you're a business owner, investor, or visionary, Paterson welcomes you. Let’s build something extraordinary, together!

BUSINESS RESOURCES

New Jersey Small Business Manual

The NJ Business Action Center has released the NJ Small Business Manual, a publication that provides information and guidance on establishing, maintaining, and expanding a small business. 

NJ Small Business Manual - English
NJ Small Business Manual - Español 

NJEDA Grant Opportunities
The New Jersey Economic Development Authority (NJEDA) grows the state’s economy and increases equitable access to opportunity by supporting high-quality job creation, catalyzing investment, and fostering vibrant, inclusive community development. NJEDA works in partnership with a diverse range of stakeholders to implement programs and initiatives that improve quality of life, enhance economic vitality, and strengthen New Jersey’s long-term economic competitiveness.

• NJEDA Homepage
• Small Business Improvement Grant
• Lease Grant
• Small Business E-Commerce Support Program

Business Support Agencies