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Five Sector-Focused Innovation Labs Aim to Support New Jersey Businesses

April 23, 2014

A new effort by the New Jersey Institute of Technology (NJIT) seeks to make existing companies more competitive, support the growth of startups and create jobs by leveraging the assets of government, industry and higher education around five sector-focused labs. NJIT will launch a new nonprofit corporation, the New Jersey Innovation Institute, to support the labs – geared toward civil infrastructure, defense and homeland security, healthcare delivery systems, biopharmaceutical production, and financial services. The labs will work on technological challenges identified by industry partners. Read more.

New Jerseyhigher ed