Best education system. Laws that protect women's rights. #1 ranked place to live.

NJIT joins business research hub with $15M in funding

Linda Lindner | NJBIZ

New Jersey Institute of Technology on Aug. 25 joined seven other universities to create a new regional research hub that will help faculty and students convert federally sponsored research into successful businesses.

Starting in January, the Northeast I-Corps Innovation Hub – funded by a $15 million National Science Foundation grant and led by Princeton University – will provide entrepreneurial training, mentoring and resources to enable researchers to form startup companies that rapidly translate laboratory discoveries into breakthrough products.

Participants will build skills and generate opportunities among researchers from all backgrounds, including those historically underrepresented in entrepreneurship, where NJIT said it excels.

The school has long been part of such transfer in the greater Newark area – as a standalone NSF I-Corps site and through the NJIT VentureLink startup incubation arm – and now brings its expertise to the hub as an affiliate under principal institution Princeton and partner institutions Rutgers University and the University of Delaware.

The other affiliates are Rowan University, Delaware State University, Lehigh University and Temple University.

Read the full article here.

WHAT CAN CHOOSE New Jersey DO FOR YOU

Relocation & Expansion Services

We provide customized RFI responses, demographics, detailed market assessments and other complimentary business relocation and expansion services. When your company chooses to grow in New Jersey, we also will help you publicize your good news.

Site Visits

We’ll make your property search seamless, so you find the site that best meets your relocation or expansion needs.

Economic Development Connections

Our public and private partners provide a wide range of services. From higher education research collaboration to regulatory and legal assistance to workforce training, they’ll ensure you have a smooth landing.

Danielle Rexrode
Creative Marketing Specialist