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NJII Venture Studio
Also known as: New Jersey Innovation Institute Venture Studio
New Jersey Institute of Technology · Newark, NJ
Quick fit check
- Offers direct funding
- Equity terms vary
- Currently active
- Partially verified
Key numbers
Funding range
$0 – $1,000,000
Equity Investment
Equity
Varies by investment
Application
Rolling
Campus Wide
Last activity
2025-05
High confidence
NJII Venture Studio
Program Type
venture-studio
Institutional Scope
NJIT / NJII, Newark. Leverages NJIT research, NJII operating capabilities, and NJ corporate partnerships.
Description
Venture studio under NJIT's New Jersey Innovation Institute (NJII). Announced May 2025 with ribbon-cutting by Gov. Phil Murphy, Newark Mayor Ras Baraka, NJIT President Teik C. Lim. Aims to launch 10 companies over 5 years, each eligible for up to $1M in funding. Focus on high-tech and IT commercialization from NJIT, NJII, and corporate partners. Provides training, office space, operations/management guidance. Designated as New Jersey's 10th Strategic Innovation Center (SIC). Aligned with NJIT 2030 strategic plan. NJIT produces $170M+ yearly research activity.
Key Details
| Detail | Value |
|---|---|
| Goal | 10 companies in 5 years |
| Per venture | Up to $1M |
| Type | Venture studio (equity-based) |
| Announced | May 2025 (ribbon-cutting) |
| Designation | 10th NJ Strategic Innovation Center |
| Focus | High-tech / IT commercialization |
| Partners | NJEDA, NJII, NJIT, corporate partners |
Resources Provided
- Up to $1M per venture
- Office space at NJII
- Operations and management guidance
- Training and mentorship
- Access to NJIT research IP and talent
Funding Details
Equity-based studio model. Up to $1M per venture.
Curriculum / Structure
Studio model — ventures built in-house with corporate partners from earliest stage. No application cycle described.
Eligibility
Experienced founders and corporate partners working with NJII/NJIT. Leverages NJIT research.
Related Programs
Additional research notesShow
News & articles
News articles and official sources documenting NJII Venture Studio at New Jersey Institute of Technology.
1 source
