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2023 New Jersey Women Business Leaders Forum REGISTER

New Jersey schools received $690 million from the federal government and used $400 million of their own money, with the balance coming from businesses, state and local governments, nonprofit groups and other sources…

Useful Stats: Higher Education R&D Expenditures by State and Source of Funds

Across the U.S., the federal government provided 53% of R&D funding at institutions of higher education in FY 2018. Those institutions provided 26% of the funding themselves, and most of the remainder was provided by a mix of nonprofit organizations (7%), industry (6%), and state and local government (5%). The specific contributions varied from state to state, however, with some relying more on specific relationships to support R&D within the state. 

Rep. Pallone Recognized as 2019 Champion of Science
A longtime supporter of scientific research conducted at universities in New Jersey and across the nation, U.S. Rep. Frank Pallone (D-N.J.) was awarded for his leadership recently by Rutgers University, Princeton University and The Science Coalition. Rutgers University-New Brunswick Chancellor Christopher Molloy joined Pablo Debenedetti, dean for research at Princeton University, to present Pallone with The Science Coalition’s Champion of Science Award at a conference hosted by Rutgers’ Center for Discrete Mathematics and Theoretical Computer Science (DIMACS).



Ten Facts about the State of the Economy for U.S. Workers Without College Degrees
“Relatively few of the benefits of economic growth in the last decade have gone to less-educated workers. The median inflation-adjusted salary for a worker with a high-school degree who has not attended college increased by less than 1% from 2008 to 2017 (inching from $37,596 to $37,960). Moreover, non-college-degree workers earn just 56% as much as the median worker with at least a bachelor’s degree.”



Tech, AI Transforming the Workplace: In Action on Innovation
According to Nicole Sandelier of NJBIA, “The jobs of the near future are astonishingly different from the jobs of the recent past. Advancements in technology and artificial intelligence (AI) are transforming economies around the world and requiring businesses to rethink workforce strategy. The rapid adoption of new technologies has companies preparing for the creation, transformation and elimination of jobs.”


Stockton Receives $8M from Scarpa Foundation
Entrepreneur and philanthropist John F. Scarpa has pledged $8 million to the Stockton University Foundation. It is the largest gift in the university’s history. The gift from The John F. Scarpa Foundation, courtesy of John and Jana Scarpa, will target two primary initiatives, Stockton’s expansion of its Academic program in Atlantic City and its Health Sciences program at its mainland campus and create an unrestricted fund for other university needs.


How $29M Grant Facilitates Translational Medicine in NJ
According to George Saliba of NJ Business Magazine, “The Rutgers Institute for Translational Medicine and Science – which includes the New Jersey Institute of Technology and Princeton University – today officially celebrated receiving a $29 million grant last March from the National Institutes of Health (NIH) for becoming part of the NIH’s Clinical and Translational Science Awards Program. Total funding over the next five years swells to approximately $45 million when the local institutions’ own, voluntary financial commitments are included.”


$10M for Liberty Science Center’s ‘SciTech Scity’
SciTech Scity, Liberty Science Center’s planned campus to launch and grow dozens of world-changing science and technology companies and reimagine K-12 science education, received a major boost last night when Paul Hoffman, LSC president and CEO, announced a gift of $10 million from distinguished philanthropist, statesman, and real estate developer Frank J. Guarini.