The Rutgers Business Innovation Center is co-sponsored by the New Jersey Small Business Development Center and the Rutgers Graduate School of Management. The Picatinny Technology Innovation Center offers tenants access to the unique technical skills and lab facilities of the U.S. Army Armament Research, Development and Engineering Center. It is co-sponsored by the County College of Morris. The Trenton Business and Technology Center is co-sponsored by Mercer County Community College. Significantly, Southern New Jersey is represented by incubators being planned for Cumberland, Gloucester, Camden, Burlington and Ocean counties.
Commercialization is the name of the game.
Right now, we have more high tech companies in Northern New Jersey than in all of Silicon Valley. We have more scientists per capita than any other state. Tesoriero says the State of New Jersey is serious about research and development, as is evidenced by the new budget figures. He estimates there are 290 biotechnology firms in the state, thanks in large measure to all the pharmaceutical corporations headquartered here. Tesoriero says the Commission is joining with a number of other councils, agencies and the private sector in the state to have a sizeable presence and a booth at the worldwide biotech trade show in San Diego this month.