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Donald H. Sebastian - President & CEO

Dr. Sebastian is also Senior Vice President of Technology & Business Development at New Jersey Institute of Technology. NJII is an NJIT 5.01c3 Corporation that is a new model for business innovation serving key industrial clusters that anchor the state and national economy. Dr. Sebastian is an Executive Board Member, Treasurer and past Chairman of the R&D Council of New Jersey, Treasurer and Executive Board Member of the Greater Newark Healthcare Coalition, and serves on the Executive Committee of Innovation New Jersey, the Boards of the Puerto Rico Consortium for Clinical Investigation, Polymer Processing Institute, Inc., NJ Manufacturing Extension Program, and is immediate past Research Chair and Executive Board Member of the Henry H. Kessler Foundation.

He was inducted in the New Jersey High-Tech Hall of Fame in 2006, named an NJBIZ Healthcare Innovation Hero in 2015 and added to the Made in New Jersey Honor Role in 2016. Dr. Sebastian received his Bachelor of Engineering at Stevens, graduating as valedictorian of the class of 1974, followed by Masters of Engineering in 1975, and the Ph.D. in Chemical Engineering in 1977.

Timothy V. Franklin - Vice President and Chief Operating Officer

Dr. Franklin’s professional focus, as well as his scholarly interest, centers on the policies and practices of university economic development and innovation, cluster/regional development, distributed research, regional stewarding institutions, and transformative regional engagement (TRE). He also serves as Associate Vice President for Business and Economic Development and Special Advisor to the President at New Jersey Institute of Technology and played a fundamental role in the founding of the New Jersey Innovation Institute. At Penn State, he led the PA Prosperity Partnerships economic engagement initiative.

As part of Virginia Tech’s “Southside Initiative” from 2001-2007, he was founding Executive Director of the Institute for Advanced Learning and Research (IALR). Virginia Tech’s Southside Initiative won the 2007 national C. Peter Magrath/W. K. Kellogg Foundation Engagement Award given by the Association of Public and Land-grant Universities.

Judith Sheft - Headshot_BIO v2 (1)

Judith A. Sheft - Associate Vice President Technology and Enterprise Development

She is responsible for managing technology commercialization efforts through programs and policies focusing on patent creation, intellectual property valuation, strategic use and protection of IP assets. She is involved with regional economic development having responsibilities for management of the high technology business accelerator/incubator, the Enterprise Development Center, the HealthIT Connections entrepreneurial cluster development program and the Procurement Technical Assistance Center. She is on the Board of Advisors to the NJIT Murray Women’s Center. Since 2007 she has been a member of the NJ – Israel Commission. She serves on the Board of the New Jersey Entrepreneurs Network and Einstein’s Alley.

Ms. Sheft has extensive business development experience outside the U.S. She played a lead role in negotiating a long-term alliance between Lucent/Agere and NEC in the field of semiconductor manufacturing technology. She holds BS and MS in Mathematics from the University of Illinois and an MBA in International Business from the Wharton School of the University of Pennsylvania.