NJBIZ has named New Jersey Innovation Institute (NJII) President and Chief Innovation Officer Donald Sebastian and NJIT President Joel Bloom to its Power 100 list of leaders who have done the most to foster business growth in the Garden State.
Staff at the statewide magazine have published the list annually since 2010 and consider academic, corporate and government leaders for the honor.
They honored Sebastian for his work creating the New Jersey Manufacturing Extension Program and helping NJII grow top-line revenue to nearly $90 million per year. It also cited an independent assessment that credited NJII for benefitting the New Jersey economy more than $1.3 billion.
The 33-year old publication credited Bloom for advocating for science, technology, engineering and mathematics (STEM) education for underrepresented groups, and in particular, for introducing the Rising Scholars mentoring program to NJIT last fall. “Collaborations between NJIT and the city of Newark also include an expansive pre-college program, 60,000+ hours of community service annually, a Smart City program, teacher training, curriculum development and many more educational as well as economic and community development efforts,” NJBIZ noted.
An official from Montclair State University was also named to the list, but NJIT was the only academic institution with two leaders recognized.
“It’s an honor to be included with such distinguished leaders as Governor Phil Murphy, our President, Joel Bloom, and NJIT board members Debbie Hart, Jose Lozano, Dean Paranicas and Michele Siekerka,” said Sebastian. “I look forward to doing what I can to advance the academic and business culture in New Jersey.”
Congratulations to both leaders, and the rest of the Power 100.