From Edison to Einstein, New Jersey has long been at the forefront of scientific discovery. And with tomorrow’s breakthroughs just around the corner, our passion for innovation keeps getting better.
The Company We Keep, Keeps Getting Better
Many of the scientific breakthroughs that shaped our world happened right here in New Jersey. And that tradition of innovation continues today. As Life Science and Technology companies race to meet the demands of the marketplace, many companies are finding great success in New Jersey like Genta Inc., Elusys Therapeutics, Inc., LifeCell Corporation, Amicus Therapeutics, myLEADERBOARD, Inc., TheraGen Pharmaceuticals, and ECI Technology, Inc.The New Jersey Advantage
- The state is home to over 410,000 scientists and engineers who help drive innovation in the state’s businesses, colleges and universities.
- New Jersey’s rank of seventh in the nation in the number of Ph.D. scientists and engineers per 1,000 workers reflects the state’s thriving intellectual community.
- New Jersey ranks as the fifth-most competitive state in the nation, according to the State Knowledge Economy Index.
Financial & Incentive Programs
Every business has different needs. To best meet your unique needs, New Jersey has a wide range of financial and technical support programs available including: - The Edison Innovation Fund, which provides an integrated set of resources to support life science and technology initiatives throughout the stages of discovery, development and commercialization. The Fund was designed for companies involved with developing renewable energy solutions, medical devices, healthcare, information technology, stem cell research, nanotechnology, and telecommunications.
The fund includes programs such as: - Equity-like financing through the R&D funds
- Financing and direct equity investments
- Access to venture capital, world class technology centers and incubator networks
- Innovation Zones are New Jersey’s technology neighborhoods that are designed to spur collaborative efforts and encourage the rapid transfer of discoveries from the lab to the marketplace.
- Incentive grants for job growth for businesses that expand or relocate in New Jersey.
- A wide range of workforce training grants for employees and employers.
For more information about New Jersey’s advantages, site selection services or for a customized proposal of New Jersey’s financial and incentive programs, call 1-866-534-7789.
