NJIT and the NJIT Enterprise Development Center (EDC)

Jerry Creighton, Sr. , Consultant
The Enterprise Development Center (EDC) and New Business Incubation, NJIT


Abstract

NJIT is an institution dedicated to being a leading public research university. The Enterprise Development Center (EDC) is part of this vision, offering an opportunity for innovative, entrepreneurial technology development, commercialization and business enterprise creation in a first class program. In addition, the EDC is New Jersey’s oldest and largest small-business incubator – one of the top in the nation – offering community outreach and economic development programs. Today, the EDC has approximately 60 tenant companies covering a spectrum of technologies, in 160KSF of space in three buildings. The EDC is woven into the fabric of the university through collaborations with various NJIT tech centers and faculty/staff members in an educational cluster in Newark, New Jersey. The EDC is dedicated to helping technology based thinking grow in New Jersey while helping NJIT move to the next level of accomplishment.