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Google to open artificial intelligence lab in Princeton, collaborate with University researchers1/6/2019 Princeton, NJ - Two Princeton University computer science professors will lead a new Google AI lab opening in
January in the town of Princeton. The lab is expected to expand New Jersey’s burgeoning innovation ecosystem by building a collaborative effort to advance research in artificial intelligence.
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Trenton, NJ - Celsion Corporation (NASDAQ: CLSN) Chairman, Chief Executive Officer and President Michael H. Tardugno relocated his biopharmaceutical company to Lawrenceville from Maryland in 2011 with one main goal in mind: developing and commercializing life-saving chemotherapies and immunotherapies by recruiting top talent from within New Jersey’s vast pool of pharmaceutical experts. Now Celsion has an added weapon in its fight against cancer. The company recently announced it had been approved to receive $10.6 million through the State’s Technology Business Tax Certificate Transfer Program, more commonly known as the Net Operating Loss, or NOL, Program.
From NJBIZ
The New Jersey Manufacturing Extension Program has launched the Educational Resource Directory in an effort to support manufacturers with resources needed to train employees. This directory for New Jersey manufacturers and industry professional is a direct connection to all of the resources available to help support and grow business, including business support and assistance, connections to train the workforce, and NJMEP training programs and events. Read more here. From Commerce Magazine
LOOKING TO THE FUTURE IS ESSENTIAL for companies that want to plan for long-term success, and COMMERCE asked many of New Jersey top business leaders to offer their predictions for 2019. Insights, observations and analyses of 83 New Jersey CEOs, who offer a valuable “peek” into the future, are offered here. From New Jersey Business
Grant Will Fund Digital Skills Education for 13,000+ Girls and Women by 2021, Providing On-Ramp to Careers in Technology Teaneck-based Cognizant U.S. Foundation, a non-profit organization focused on supporting STEM (Science, Technology, Engineering and Math) education and skills initiatives for U.S. workers and students, announced it has made a $4.1 million grant to the National Center for Women & Information Technology (NCWIT). The grant will fund digital skills education programs and an awareness campaign designed to increase interest among women of all ages in pursuing technology careers. Read more here. From ROI-NJ
Gov. Phil Murphy has named eight people to the state’s Commission on Science, Innovation and Technology, which he re-established in August. The commission will eventually include 17 members, including the secretary of higher education, the commissioner of education and the CEO of the state Economic Development Authority. Read more here. From NJBIZ
While the technology may still be years off, New Jersey lawmakers are actively preparing for the day when autonomous vehicles begin to make their way onto the state’s roadways. For example, Assemblyman Andrew Zwicker, D-16th District, is moving forward with a bill that would create a task force to deal with the complexities surrounding self-driving cars. As outlined in Assembly Joint Resolution 164, the New Jersey Advanced Autonomous Vehicle Task Force would study autonomous vehicles and make recommendations on laws and regulations the state could adopt for the industry and New Jersey’s roads. Partnership between NJII, IAF gets $750K grant from EDA to expand biopharma clusters in N.J.12/27/2018 From ROI-NJ
A partnership between the New Jersey Innovation Institute and the Innovation Accelerator Foundation has been awarded a $750,000 grand from the U.S. Economic Development Authority to help expand growing innovation biopharmaceutical clusters in New Jersey. “The Innovation Accelerator Foundation is looking forward to this growing partnership with NJII and is excited to help launch the NJ Bio-Foundry to bring needed commercialization services to biotechnology startups,” John Pyrovolakis, president and founder of IAF, said. Read more here. From New Jersey Business
Google is a pinnacle of excellence in the technology sphere; Princeton University is among the most renowned higher education institutions the world. It was announced Dec. 18 that two of the university’s computer science professors will lead a new Google AI lab slated to open in January – in the municipality of Princeton. Read more here. From NJBIZ
EDF Renewables North America and Shell New Energies have announced they will form a massive 2,500-megawatt wind project on an 183,353-acre site, eight miles off the coast of Atlantic City called Atlantic Shores Offshore Wind LLC. The move comes a day after the New Jersey Board of Public Utilities rejected EDF Renewables’ much smaller proposal—the 25 megawatt project Nautilus Offshore Wind LLC, 2.8 miles off the coast of Atlantic City—citing high costs to ratepayers and questionable economic benefits. Read more here. From New Jersey Business
Continuing its efforts to better foster a dynamic, supportive environment for New Jersey’s entrepreneurs and small businesses, the New Jersey Economic Development Authority (NJEDA) announced that it is seeking ideas and best practices to identify more effective delivery models for technical assistance to support growing companies in the state. This action helps to advance key goals outlined in Governor Phil Murphy’s economic development plan and follows other recent efforts of the NJEDA focused on increasing access to growth capital for historically underrepresented businesses, including a new dedicated small business unit and the creation of the $15 million Access Program, which offers low-cost financing in the form of direct loans or loan participation and guarantees. Read more here. From ROI-NJ
John Kennedy knew he and his team had to get to work. The $250,000 grant the New Jersey Manufacturing Extension Program received in July from its national governing body in recognition of its excellence as one of the top performing MEP centers was nice. But it wouldn’t be worth a penny unless the state agreed to match the award. Read more here. From New Jersey Business
Most everyone today has likely used some form of mobile or digital banking when conducting personal or professional transactions with his or her preferred institution. From managing several accounts online, to the ability to transfer money via an array of digital transfer platforms, the banking industry is not immune to the sweeping technological advancements that shape industry, culture and society in today’s digital age. From New Jersey Business
Board of Public Utilities President Joseph Fiordaliso tells New Jersey Business magazine that he once attended a municipality’s event where a building’s “new windows” were celebrated as an energy-efficiency accomplishment. However, Fiordaliso noticed that the windows had never been properly sealed, and while sitting in an event chair, he had to wear his “topcoat” to shield himself from the mid-winter winds seeping in from outdoors. If there is perhaps a lesson in this story, it is that achieving energy efficiency and associated reduced costs is likely best undertaken with proper planning and expert execution. Read more here. From NJSpotlight
Lawmakers rushed into action earlier this year to help New Jersey homeowners deal with the loss of the federal SALT write-off, and now they’re turning their attention to assisting the state’s small-business owners. Bipartisan legislation that the state Senate is expected to approve today (Dec. 17) would help preserve the full deduction for state and local taxes for some small-business owners. Read more here. |
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