Igniting Innovation in NJ
Who We Are
New Jersey Innovation Institute (NJII) was founded in 2014 as a non-profit Think Tank and combines the vast resources of the R1 level New Jersey Institute of Technology (NJIT), strong industry and government relationships, and proven methods to drive innovation and deliver transformative products and services. NJII is the leader in driving innovation in the State of New Jersey. We do this through a wide range of initiatives including digital transformation, workforce development, advanced manufacturing, start-up incubation and acceleration. Learn more about us here.
Our Vision
The NJII North Star is to double in size by exceeding $70M in revenue by 2030. This will be accomplished by diversifying revenue streams, launching new divisions and programs, building additional for-profit companies and partnering closely with NJIT.
Our Mission
We are passionate about addressing a fundamental challenge with research universities which is that it is challenging for industry and governmental organizations to leverage the vast resources of these universities. NJII is designed to be the conduit between NJIT and the outside world while providing a significant economic impact for New Jersey. As a standalone corporation, NJII is uniquely positioned to accelerate technology translation, foster innovation and upskill workers by being able to move quickly and be nimble while leveraging the resources of NJIT.
How We Operate
NJII is uniquely positioned to be agile, entrepreneurial and opportunistic. NJII was launched to address a fundamental challenge with academia which is that it is difficult for the outside world to leverage the vast resources of research universities. NJII is able to being together university resources with government, private and public sector partners in order to address novel gaps in the marketplace. We are currently organized into five innovative divisions that guide these initiatives: AI/ML, Defense, Entrepreneurship, Healthcare and Learning & Development. Focused on results, NJII has generated over $330M in revenue during its ten years of operation and today has a growing team of 120+ members. Learn more about career opportunities here.
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Year Founded
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$330M
Lifetime Revenues
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98k sq. ft.
New Jersey's Largest Incubator
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501c3
Registered Non-Profit
Recent Updates
NJII Employee Spotlight: Carly Cricco, Director of Operations & Special Projects
July 10, 2024NJII Healthcare Division Welcomes Government Relations and Technology Officers to Leadership Team
June 25, 2024Skills Over Summer
June 18, 2024What is Interoperability and how does it Affect Healthcare?
June 11, 2024How Can We Help You?
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