Igniting Innovation in NJ
Who We Are
New Jersey Innovation Institute (NJII) was founded in 2014 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.
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
As an independent corporation, NJII is uniquely positioned to be agile, entrepreneurial and opportunistic. NJII is focused on accelerating technology and fostering innovation in order to have a positive economic impact in New Jersey. We are currently organized into four cutting edge divisions that guide our initiatives: Healthcare, Entrepreneurship, Defense, and Professional and Corporate Education. Focused on results, NJII has generated over $330M in revenue during its ten years of operation and today has a team of 120 staff. Learn more about career opportunities here.
Year Founded
$330M
Lifetime Revenues
98k sq. ft.
New Jersey's Largest Incubator
501c3
Registered Non-Profit
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Recent Updates
Operationalizing Technology for Defense
March 18, 2024Project Management Tips and Tricks for 2024
March 11, 2024NJII Monthly Employee Spotlight: Interview with Lauren Baldino VP of People, Development, and Culture at NJII
March 4, 2024What Are Microcredentials?
March 1, 2024How Can We Help You?
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