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Innovation NJ logoBy showing how industries’ impact each other on a grand scale, this comprehensive report by the NJPRO Foundation details the desperate need to nurture every industry that supports the state economy.

NJPRO: New Jersey’s Connected Economy In June 2018, NJPRO Foundation released a study of New Jersey’s interconnected economy. The study aims to display the effects one business environment has on others. By studying the six key clusters that New Jersey’s economy relies on – including chemical manufacturing, food processing and manufacturing, health systems and services, information communications and technology, life sciences, and tourism – the foundation hopes to display the importance of maintaining an agglomeration the industries create and highlight the importance of keeping these industries healthy.

Biotech Task Force Offers Suggestions to Reinvigorate Life Sciences Industry The state’s Biotechnology Task Force released a 44-page report of recommendations to the state that could help New Jersey reinvigorate its life sciences sector. Many of the themes from the report echo comments from the Biotechnology Innovation Organization’s annual conference in Boston recently. “Over the last two decades, the pharmaceutical footprint in New Jersey has contracted, affected by the patent cliff, the recession, mergers and acquisitions, research and manufacturing moving away from the state,” the report said.

Seeking Organization to Partner on STEM Programming Alongside the US Army, Navy and Air Force On behalf of the U.S. Army, Navy and Air Force, the research company Battelle is seeking an experienced partner interested in developing new and innovative ways to carry out the Tri-Service Junior Science and Humanities Symposium – a high caliber high school research competition. The partners would be part of a consortium of partners formed by the Army Educational Outreach Program on behalf of the U.S. Department of Defense and executed by the U.S. Department of the Army.

Key Business, Science, and University Leaders Applaud Recent Research Funding Boost Continuing their call for Congress and the administration to enact critical measures to ensure the United States maintains its role as global innovation leader, the organizers of a coalition of more than 500 businesses, scientific organizations, and research universities in all 50 states issued a progress report that details why Congress and the White House must do more to maintain and expand America’s innovation advantage.

Rowan to Invest $33M for Faculty, Research University Vice President Joe Cardona said Rowan plans to invest $30 million to add 100 tenure-track faculty jobs during the next 10 years to address changes in enrollment, job trends and research. It will spend another $3 million to develop a three-year program delving into emerging areas of business opportunity and jobs training. The university is providing grants to faculty members to explore needs in burgeoning fields.

NJIT Car Maven Takes on the American Solar Challenge, then It’s Off to Tesla
Jason Murzello’s fascination with cars began in a fairly typical way – with his own matchbox set – but then veered into technology by way of video games such as “Need for Speed,” which allow budding aficionados to tinker with performance by switching out not only tires, but suspensions and engines as well. Add another layer, the chance to build a real solar car from scratch in a garage a block from campus, and you have the makings of a career.

Murphy: Creating an Innovation Economy Won’t Be Easy, but it Can Be Done Gov. Phil Murphy said he doesn’t have to look far when looking for a state to compare with when it comes to his plans to build an “innovation economy” in New Jersey. It’s right across the river. “New York, in fairness, has been good in capturing the sort-of ‘Silicon Alley’ (startups),” he told ROI-NJ. Murphy said New York’s success is the result of a lot of planning.

Upcoming Events

Southern TIP Bimonthly Meeting
When: Thursday, June 28, 2 p.m. – 4 p.m.
Where: The Salvation Army Kroc Center, 1865 Harrison Ave., Camden

NJTC Leadership Summit
When: Wednesday, July 18, 12 p.m. – 1 p.m.
Where: Hyatt Regency New Brunswick, 2 Albany St., New Brunswick

NJ State Chamber of Commerce’s “Women Leaders in Innovation” celebration
When: Thursday, September 20, 5 p.m. – 7 p.m.

National Conference Center, East Windsor