NJIT Enterprise Development Center

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Transcript of NJIT Enterprise Development Center

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The Enterprise Development Center (EDC) at NJITHeadquarters for Entrepreneurial Success!

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EDC is a Commercialization Enabler

First Class FacilitiesConsulting & Advisory AssistanceUniversity Collaboration Opportunities Federal Grant / Loan Programs Coaching Best Practice programs & Affiliations Angel & VC Introductions

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90 Portfolio Companies

Over 800 Jobs Created

400 Student Interns

$82 Million Combined Revenue

EDC at a Glance

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EDC Facilities

Laboratories Offices Cubes

Two buildings with over 100,000 square feet on the campus of NJIT!

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Below are some of the portfolio companies choosing to grow their businesses at the EDC

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EDC Shared Services

Mailbox

Utilities

Parking

Internet

Copy & Fax

Cafe

Building Access 24/7

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EDC MissionTo be a top-ranked organization for tech & economic

development

Create / retain and grow jobs Encourage entrepreneurship Nurture the development of new technologies Enhance the global competitiveness of NJ Attract and retain investors to NJ Increase the tax base

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Get Ready for Funding Program™

Business Plan DevelopmentSBIR/STTR TrainingCFO Coaching & Assessment ToolsPro-Bono Legal AssistanceMarketing Exposure

Support for businesses as they work towards commercialization

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People to Business (P2B)™ Program

Volunteer mentors with mixed skills & experiences offering open ended commitments to start-ups

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Revolving Loan Fund

Receivables Lending

Working Capital

Capital Equipment

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Incubation programs especially capable of helping nondomestic companies enter the U.S. market

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Highlander Angel Network (HAN)

Highlander Angel Network works to foster the development of new business opportunities and advance the commercialization of technology to create jobs and

stimulate economic growth

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The EDC is an NJII Organization

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Enterprise Development Center

211 Warren Street & 105 Lock StreetNewark, NJ 07103

www.njit-edc.org

@njitedc