Keeping pace with the innovation that drives our economy is going to take a lot more skilled workers, but not necessarily with four-year college degrees. Learn what New Jersey’s business community is doing about it in the Innovation NJ Update.

65 by ‘25: Many Paths One Future Campaign; Higher Ed, Labor, Educators Partner with Business for Competitive, Innovative and Prosperous State
More than 100 education, business and industry leaders took part in the official launch September 19 of New Jersey’s 65 by ’25: Many Paths, One Future campaign at the Robert Wood Johnson Foundation Headquarters in Princeton. With the pace of innovation rapidly accelerating, New Jersey must provide real economic opportunities for residents by supporting and creating pathways for everyone to acquire the skills and education that will help them secure rewarding careers.

Event: NJBIA to Host  3rd Annual Innovation Summit on September 27; Focus on ‘Reimagining Your Company to Drive Innovation’ The New Jersey Business & Industry Association (NJBIA) will host its third annual Innovation Summit on Wednesday, September 27 from 8 a.m. to 11 a.m.. at the National Conference Center at 399 Monmouth St., East Windsor, NJ. The theme of the summit is “Reimagining Your Company to Drive Innovation.”

NJ Tech Council’s James Barrood on Blockchain: Changing the World, Starting in New Jersey NJ Tech Council President and CEO James Barrood writes in NJBIZ on the topic of blockchain: By now, you’ve probably heard that “blockchain will change the world.” Notwithstanding massive recent hype, it almost certainly will. And its impact will be even larger right here in New Jersey, because we’re at the heart of many of the industries it’s likely to transform.

Rutgers Business School Team Wins $1 Million Hult Prize for Roshni Rides; Former President Clinton Presents “Nobel Prize for Students” Susan Todd reports that a team representing Rutgers Business School won the $1 million Hult Prize for social entrepreneurship on Sept.6. The award, which was announced by former President Bill Clinton, capped off 11 months of entrepreneurial effort with a polished, convincing pitch about the ability of its rickshaw transportation business to improve the lives of refugees overseas.

NJ Legislature’s New Bipartisan “Manufacturing Caucus” Explores How to Retool and Grow State’s $40B Manufacturing Industry  John Reitmeyer of NJ Spotlight reports that a group of state lawmakers in the midst of evaluating New Jersey policies related to the manufacturing industry got a crash course on Sept. 19 on how technology – from robotics and automation to biotech and chemical engineering – is reshaping a sector that used to dominate the state’s economy.

NJEDA Board Action Encourages Growth in Advanced Manufacturing; Food Industry Companies to Create Jobs, Invest in Distressed Communities Projects approved on Sept. 14 by the Board of the New Jersey Economic Development Authority (EDA) will add to momentum already underway in the State’s advanced manufacturing sector. Grow New Jersey (Grow NJ) tax credits will encourage two food manufacturers to locate in New Jersey, where combined, they would create more than 150 new jobs and drive more than $15.4 million in private investment.

NJ Innovation Institute Among SSTI’s 2017 Honorees for Outstanding Initiatives Driving Regional Prosperity, Innovation From teaching high school students in rural western Kentucky how to become entrepreneurs to connecting entrepreneurs with a worldwide network of partners in a virtual hub, organizations are finding innovative ways to build regional prosperity. Four outstanding examples were recognized Sept. 14 by the State Science & Technology Institute (SSTI), a national organization working to strengthen initiatives to create a better future through science, technology, innovation and entrepreneurship.

Thomas Edison University Renames Newest Building George A. Pruitt Hall in Honor of Soon-to-Retire President Thomas Edison State University has unveiled building signage designating Glen Cairn Hall as George A. Pruitt Hall in honor of Dr. Pruitt, who will retire as the University’s president at year’s end. In June, the University announced Pruitt’s decision to step down as president at the end of 2017. The University is conducting a national search to find its next president.

Upcoming Events
NJBIA’s 3rd Annual Innovation Summit: ‘Reimagining Your Company to Drive Innovation’
When: Wed, September 27, 8am – 11am
Where: National Conference Center, 399 Monmouth St., East Windsor,


NJ Tech Council FinTech Conference
When: Wed, September 27, 1:30pm – 7pm
Where: Jersey City


Chemistry Council of NJ’s Inaugural Hal Bozarth Memorial Golf Outing benefiting STEM Education
When: Mon, October 2, 9am – 6pm
Where: Old York Country Club, 228 Old York Rd, Chesterfield


NJ Innovation Institute and Columbia University’s “Biopharmaceutical Product Development & Data Science Symposium”
When: Tue, October 10, 8am – 5pm
Where: NJIT, Campus Center Atrium, 150 Bleeker St., Newark


BioNJ’s Fifth Annual CEO Summit
When: Fri, October 27, 7am – 4pm
Where: Bridgewater Marriott, 700 Commons Way, Bridgewater