When StemCyte Inc., one of the world’s largest umbilical cord blood stem cell banks, moved its executive offices from California to New Jersey, the primary draw was Dr. Wise Young, a world-renowned neuroscientist and founding director of Rutgers’ W.M. Keck Center for Collaborative Neuroscience. Rutgers and StemCyte are collaborating on a spinal cord injury therapy in development by Dr. Young that uses StemCyte’s proprietary human umbilical cord blood stem cells and is currently in clinical trials. StemCyte CEO Kenneth J. Giacin calls Dr. Young “one of the smartest guys in the world.”
Resources for Business & Industry
Rutgers spurs economic growth. As New Jersey’s land-grant institution and one of the nation’s leading public research universities, Rutgers creates knowledge, generates ideas for improving people’s lives, and is an engine for growth in business and industry.
It is home to New Jersey’s most extensive and diversified laboratory network; an educator of a well-prepared, sophisticated workforce; a low-cost statewide provider of data, reports, business consulting, and other services; and a creator of inventions and intellectual property.
From its centuries-old partnership with the agricultural sector through its contributions to the Industrial Revolution to its leadership role in today’s knowledge-based, eco-conscious world, Rutgers continues to be a vital resource for business and industry.
Incubators and Small-Business Centers
Rutgers provides services and support to New Jersey entrepreneurs and small businesses.
New Jersey Small Business Development Centers
Led by director Brenda Hopper, the New Jersey Small Business Development Centers network helps New Jersey’s small businesses succeed. The statewide office, headquartered at Rutgers–Newark, serves all 21 New Jersey counties through regional centers and affiliate offices. The Small Business Development Center at Rutgers–Newark serves the Essex County area and the Small Business Development Center at Rutgers–Camden is the southern region’s primary office. Hopper is tireless in attracting funding to the program, and most services are provided at low or no cost. In 2008, 879 center clients started businesses and created or retained 12,000 jobs.
Rutgers Camden Business Incubator
Rutgers Camden Technology Campus, Inc. is a mixed-use business incubator that helps new businesses thrive in Camden. The incubator averages 41 client companies with a total of about 225 employees. Led by biotech executive Martin Schmieg, Cherry Hill, New Jersey-based Freedom2, which manufactures and markets removable tattoo inks and other products, is a successful graduate of the incubator.
Food Innovation Center
The national award-winning Rutgers Food Innovation Center provides business and technology expertise to small and midsize food companies. Since 2001, staff has assisted more than 1,000 companies and entrepreneurs in every New Jersey county.
The Rutgers Food Innovation Center assisted in every step of the way. I am a happy farmer. Without them, I would have just thrown up my hands and given up.
Santo John Maccherone, owner of Circle M Farms, Mullica Hill, New Jersey, on the help he received from Rutgers to turn overripe peaches—ordinarily discarded—into profitable cider, salsa, and preserve products.
Technology Commercialization
The Office of Technology Commercialization encourages partnerships between industry and faculty and facilitates the transfer to industry of Rutgers-developed technology. The Center for Innovative Ventures of Emerging Technologies helps Rutgers faculty and students develop entrepreneurial skills and fosters connections between Rutgers scientists and industry.
Rutgers University Foundation
Build a partnership with Corporate and Foundation Relations to create connections to our distinguished faculty, exceptional students, and special resources and to tap into the breadth of our academic programs and research disciplines.
Continuous Education
Rutgers offers thousands of online and in-person continuous education degree, certificate, and licensure preparation programs to keep your workforce ahead of the curve. We also offer efficient and productive customized courses at your worksite.
Schools of Business and Management
Rutgers Business School–Newark and New Brunswick, the School of Management and Labor Relations, and the School of Business–Camden offer a full range of academic, research, business consulting, and community outreach services.