The New Jersey Economic Development Authority (NJEDA) and New Jersey Innovation Institute (NJII), a corporation of NJIT, have launched the NJII Venture Studio, New Jersey’s latest Strategic Innovation Center (SIC).
The NJII Venture Studio will accelerate and commercialize high-tech and information technology developed by NJIT, NJII and NJIT’s corporate partners, alongside other academic contributors to the advancement of the industry. This is the seventh SIC established under Governor Phil Murphy’s administration. SICs are designed to nurture R&D, innovation and entrepreneurship through mentorship, networking and business support, driving the growth of new and diverse enterprises and fueling economic progress.
To read the full article on NJIT’s website click here.