Innovation New Jersey
  • Home
  • Our Coalition
    • Contact Us
  • News
  • Resources
    • State Supports
    • Federal Supports
    • Higher Ed Supports
  • Join Us

Innovation News

Everything Innovation. Everything New Jersey.
Follow us and stay connected.

NJIT Receives State Bond Award to Fund Classroom and Lab Space Renovations

7/22/2016

0 Comments

 
Newark, NJ ― New Jersey Institute of Technology (NJIT) will receive $20 million in capital funding from the State of New Jersey to renovate classrooms and laboratory spaces.
 
Chief among the building projects will be the creation of Makerspace at NJIT, a 9,500-square-foot facility that will heed the call for innovation, invention and production in today’s burgeoning STEM (science, technology, engineering and math) economy.
 
The $20 million award stems from bond referendums in which voters approved funding for capital projects at colleges and universities in the state.
 
It follows a highly competitive application process and is one of the largest awards given by the state during the referendum’s second round of funding in the fall of 2015. NJIT received funds from both the “Building Our Future Bond Act” as well as the “Higher Education Capital Improvement Fund.”
 
“Campus transformation serves to enhance the student experience and solidify NJIT’s position going forward as one of the nation’s leading research and public polytechnic universities,” said NJIT President Joel S. Bloom. 
​“The state bond award augments the ongoing transformation of our campus as a catalyst for the development of the highly needed STEM workforce and the science and technology-driven economic development for Newark, the state and nation,” Bloom added.
 
Key to this development will be NJIT’s Makerspace, one of the largest educational space of its kind, featuring 24-hour access to state-of-the-art equipment and the university’s vast resources for design, prototyping, testing and research initiatives.
 
NJIT students and faculty, along with regional companies and manufacturers, will have opportunities for multidisciplinary collaboration in areas that include 3D printing, general fabrication, computer-network-control and general machining, industrial meteorology, wood and metalwork, advanced manufacturing and electronics assembly.
 
Makerspace at NJIT will not only foster a community of innovation and partnership, it also will help prepare the STEM workforce of tomorrow and bolster New Jersey industry. 
 
The first round of the $750 million “Building Our Future Bond Act” was distributed in 2013, with schools competing for and receiving funding for more than 250 projects, ranging from the construction of entire buildings to network upgrades and library renovations.
 
NJIT received nearly $100 million, which the university has used toward renovating the 200,000 sq. foot Central King Building, a former public high school constructed in 1911, and constructing a new Life Sciences and Engineering Building, a 24,500-square-foot research facility designed to foster interdisciplinary collaboration in fields ranging from biomedical engineering and the biological sciences to electrical and computer engineering and healthcare technologies.
 
“Many thanks to our governor, legislature and New Jersey voters for supporting the critical link between higher education and workforce and economic development,” Dr. Bloom added.
 
About NJIT
 
One of the nation’s leading public technological universities, New Jersey Institute of Technology (NJIT) is a top-tier research university that prepares students to become leaders in the technology-dependent economy of the 21st century. NJIT’s multidisciplinary curriculum and computing-intensive approach to education provide technological proficiency, business acumen and leadership skills. With an enrollment of 11,300 graduate and undergraduate students, NJIT offers small-campus intimacy with the resources of a major public research university. NJIT is a global leader in such fields as solar research, nanotechnology, resilient design, tissue engineering and cybersecurity, in addition to others. NJIT ranks fifth among U.S. polytechnic universities in research expenditures, topping $110 million, and is among the top 1 percent of public colleges and universities in return on educational investment, according to Payscale.com. NJIT has a $1.74 billion annual economic impact on the state of New Jersey.
 
0 Comments



Leave a Reply.

    Do not miss a single innovative moment and sign up for our newsletter!
    Weekly updates


    Categories

    All
    3D Printing
    Academia
    Acquisitions
    Aerospace
    Agriculture
    AIDS
    Algae
    Alumni
    Animals
    Architecture
    Astrophysics
    Autism
    Awards
    Big Data
    Bioethics
    Biofuel
    Biomedical
    BioNJ
    Bioterrorism
    Bit Coins
    Brain Health
    Business
    Camden
    Cancer
    CCollege
    Cellular
    Centenary
    Chemistry
    ChooseNJ
    Climate Change
    Clinical Trials
    Cloud Tech
    Collaboration
    Computing
    Congress
    Coriell
    Council On Innovation
    Crowdfunding
    Cybersecurity
    DARPA
    Defense
    Degree
    Dementia
    Dental Health
    DOC
    DOD
    DOE
    Drew
    Drones
    Drug Creation
    Einstein's Alley
    Electricity
    Energy
    Engineering
    Entrepreneurship
    Environmental
    FAA
    Fairleigh Dickinson
    FDA
    Federal Budget
    Federal Government
    Federal Labs
    Federal Program
    Finance
    Food Science
    Fort Monmouth
    Fuel Cells
    Funding
    Genome
    Geography
    Geology
    Global Competition
    Google
    Governor Christie
    Grant
    Hackensack
    HackensackUMC
    Healthcare
    Health Care
    HHS
    HINJ
    Hospitals
    Immigration
    Incubator
    Infrastructure
    International
    Internet
    Investor
    IoT
    IP
    IT
    Jobs
    Johnson & Johnson
    K-12
    Kean
    Kessler
    Legislation
    Logistics
    Manufacturing
    Medical Devices
    Med School
    Mental Health
    Mentor
    Microorganisms
    Molecular Biology
    Montclair
    NAS
    Neuroscience
    Newark
    New Jersey
    NIFA
    NIH
    NIST
    NJBDA
    NJBIA
    NJ Chemistry Council
    NJCU
    NJDOLWD
    NJEDA
    NJEDge
    NJHF
    NJII
    NJIT
    NJMEP
    NJPAC
    NJPRO
    NJTC
    Nonprofit
    NSF
    OpEd
    Open Data
    OSHE
    OSTP
    Parasite
    Patents
    Paterson
    Patients
    Perth Amboy
    Pharma
    POTUS
    PPPL
    Princeton
    Prosthetics
    Ranking
    Rare Disease
    R&D Council
    Report
    Resiliency
    Rider
    Robotics
    Rowan
    Rutgers
    SBA
    Seton Hall
    Siemens
    Smart Car
    Smart Cities
    Software
    Solar
    Space
    SSTI
    Startup
    State Government
    STEM
    Stevens
    Stockton
    Subatomic
    Supports
    Sustainability
    Taxes
    TCNJ
    Teachers
    Telecom
    Therapy
    Thermodynamics
    Transportation
    Undergraduate
    USEDA
    Verizon
    Video Game
    Virtual Reality
    Water
    WHO
    William Paterson
    Women In STEM
    Workforce Development

Home   Coalition   News   Resources   Events   Join Us
Picture
Innovation New Jersey Coalition
10 West Lafayette Street
Trenton, NJ 08608-2002
609-858-9507