Fourteen teams of rising young entrepreneurs will compete in the Newark Innovation Acceleration Challenge on Dec. 2 for the chance to win seed funding from Capital One Bank and a spot in an intensive accelerator program at the NJIT School of Management to advance their novel business concepts. >>

NJIT NEXT, NJIT's comprehensive campaign, has secured more than $100 million towards its $150 million goal, announced national campaign co-chairs Chief Operating Officer of Clarion Partners C. Stephen Cordes; Hatch Mott MacDonald President and CEO Nicholas M. DeNichilo; Chairman/CEO Anchor Industries International and Chairman Emeritus/Founder Tampa Bay Rays Vincent Naimoli.  All three chairs are NJIT alumni. >>