The Enterprise Development Center
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| Abstract Description |
| The EDC is a high tech business incubator that accelerates the success of startup companies located at the New Jersey Institute of Technology (NJIT) in Newark, NJ 07103 |
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| Management |
| Executive Director-Jerry Creighton Sr. |
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| Keywords |
| business incubator, start-up, health sciences, new business services, technology and business incubator, life sciences, medical devices, new technology, information technology, communications, consulting & advisory services, laboratory, offices, commercialization, proof of concept, university affiliation |
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network/Development, Communities, Education and Technology, Development/Incubator, Economic Development, Education/Training, Management Consulting, Incubator, Colleges/Universities
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Description |
| The Enterprise Development Center is New Jersey's largest high-technology business Incubator.The program is committed to the long-term economic vitality and growth of entrepreneurial ventures. |
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Program/Products/Services |
- Location-easily accessible, close to NYC, NJIT campus in Newarks Innovation Zone and University Heights Science Park, campuses of Rutgers-Newark, the University of Medicine and Dentistry of New Jersey and the International Center for Public Health.
- Community Spirit-Collaboration, resource sharing, development support, and mentoring
- Resources-facilities, access to labs, libraries, internships, contract assistance, and regulatory assistance
- Angel Forums- financing
- The Executives in Residence Program
- Seed Fund Assistance
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Customers/Clients |
The EDC has graduated over 85 successful businesses. Residence at the EDC is open to earlystage companies that have, or will have, a proprietary technology as a significant source of revenue. The nearly 90 companies currently housed at the EDC employ over 300 people.
The EDC is a full service incubator that includes offices and labs, advisory resources as needed for commercialization, combined with best practice methods that contribute to the delivery of an environment that addresses the development of companies in many different areas of technology. |
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