Lead Sponsor

 

Enterprise Development Center at NJIT

Description and Location:  The Enterprise Development Center (EDC) is located on the campus of New Jersey Institute of Technology (NJIT) in the city of Newark, NJ. The EDC is in the Newark Innovation Zones (IZ), the Newark HUBZone and near the Foreign Trade Zone #49. NJIT is New Jersey’s Science and Technology University and the “Host Institution” for the EDC.

Mission: As a high-technology & life-sciences business development center, the EDC is dedicated to helping innovators develop, launch and commercialize their ideas. The portfolio companies focus on the commercialization of scientific processes, products and services in key industry sectors to…

  • Help New Jersey’s economic growth
  • Nurture the development of new technologies
  • Encourage entrepreneurship and the development of a world class workforce
  • Attract businesses and investors to New Jersey
  • Enhance the global competitiveness of New Jersey’s businesses

EDC’s General Profile in 2010:

 More than ninety (90) portfolio companies… 

    • Combined revenue of $ 82 Million
    • Created 799 jobs
    • Employed 335 students
    • Attracted $ 67 Million in 3rd party investment

 Value-Added Services Offered:

  •  Coaching, advice and training
  • Affordable State-of-the-Art Facilities (offices and laboratories)
  • University access and industry collaboration
  • Networking opportunities
  • Grant search and solicitation preparation assistance
  • Get Ready for Funding Program™

 Enterprise Development Center at NJIT

211 Warren Street, Suite 109, Newark, NJ 07103

 

See our website for additional details (www.njit-edc.org )

(EDC)

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