Choose New Jersey, New Jersey Institute of Technology and T-Hub Partnership Announcement
Governor Murphy witnessed the signing of a trilateral MOU between Choose New Jersey, NJIT’s VentureLink, and T-Hub, Hyderabad’s premier incubator for startups. “We are building nothing less than a new innovation ecosystem. We are making the right investments for an economy rooted in innovation – taking our history as the place where the modern world was invented and building upon that to be the place where tomorrow’s world will come to life. Today, T-Hub is taking a first step to helping us write that future and is gaining a great new partner in NJIT in the process,” said Governor Murphy. The MOU is designed to promote technology and investment exchange between New Jersey and India and support Indian companies looking to expand into the U.S. by providing soft landing facilities at NJIT’s VentureLink. As part of the MOU, NJIT is offering 90 days of free rent to T-Hub companies taking space in the NJIT VentureLink Incubator. T-Hub also announced that three Indian startups will soon have a presence at VentureLink.