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NJIT's Enterprise Development Center (EDC) has given startups an edge since 1988.  Now celebrating its 20th anniversary, this high-tech business incubator housed at NJIT is open to early-stage companies that have, or will have, a proprietary technology as a significant source of revenue. >>
Noble Device Technologies Corp., a tenant in the Enterprise Development Center, an incubator program at NJIT for young businesses, has raised $8 million in Series A equity financing to expand development of its unique visible/infrared image sensor. The company is developing high-resolution, reliable, and inexpensive shortwave infrared image sensors for the medical and military marketplace. >>
Two young, innovative technology companies--a software developer and an electronics designer who creates cameras for medical devices--have received  a total of $500,000 in funding from the New Jersey Economic Development Authority.  The companies are based in the small business incubator program at New Jersey Institute of Technology (NJIT). >>