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Contact Information: Tanya Klein Public Relations 973-596-3433

NJIT To Offer Free Workshops For Entrepreneurs and Small Business People

Entrepreneurs and small business people interested in tapping into government and university resources to obtain lucrative grants won’t want to miss two free workshops at New Jersey Institute of Technology (NJIT).

The workshops, designed to help entrepreneurs in the life sciences and engineering sciences, will be offered Sept. 20, 2004.  The morning panel, from 8:30 a.m. - noon, will focus on telling engineers what they need to get ahead.  It will take place in Room 3730 of the Guttenberg Information Technologies Center (GITC) on the NJIT campus. The building is located at the intersection of Central Avenue and Lock Street.

In the afternoon, a workshop to help entrepreneurs in the life sciences will take place from 1 p.m. - 4:30 p.m. at NJIT’s Enterprise Development Center III, 211 Warren Street. For more information and to register for one or both workshops, email sooryadas@ctp-nj.com.

The program is a complement to the recently announced  Newark Innovation Zone that will leverage the capabilities of the research and academic community, including NJIT, to move opportunities more quickly from the laboratory to the marketplace.. Businesses in the zones will be eligible for financial incentives including grants from the New Jersey Business Employment Incentive Program (BEIP).  Eventually, innovations zones will offer new multi-tenant facilities featuring laboratories or office space to be built and managed by the New Jersey Economic Development Authority. These facilities, along with business incubators, such as the EDC program at NJIT, will provide critical space and support services for early-stage and start-up businesses.

Workshop topics will include the difference between small business innovative research and small business technology transfer and the relevance of both of them to the university and business communities.  Also covered will be how to access critical university, government and private resources to accelerate technology commercialization and how to meet potential collaborative partners and begin the grant proposal development process.

Participants will also receive an overview of the resources and capabilities available from universities, research institutes, the Enterprise Development Center, the small business development center, the technology commercialization center and the grant development resource center.

Program sponsors include NJIT in addition to the University of Medicine and Dentistry, the Public Health Research Institute, Newark; NJIT’s  Enterprise Development Center; Rutgers University, the New Jersey Small Business Development Center and the New Jersey Commission on Science and Technology.

One of the nation's leading public technological universities, New Jersey Institute of Technology (NJIT) is a top-tier research university that prepares students to become leaders in the technology-dependent economy of the 21st century. NJIT's multidisciplinary curriculum and computing-intensive approach to education provide technological proficiency, business acumen and leadership skills. With an enrollment of more than 10,000 graduate and undergraduate students, NJIT offers small-campus intimacy with the resources of a major public research university. NJIT is a global leader in such fields as solar research, nanotechnology, resilient design, tissue engineering, and cyber-security, in addition to others. NJIT ranks 5th among U.S. polytechnic universities in research expenditures, topping $110 million, and is among the top 1 percent of public colleges and universities in return on educational investment, according to PayScale.com.