NEW JERSEY ANNOUNCES AWARDS FOR GLOBAL ENTREPRENEURS-IN-RESIDENCE PILOT

With a targeted focus on driving innovation and entrepreneurship in the field of generative artificial intelligence (AI), this economic development initiative leverages the New Jersey Institute of Technology (NJIT) and William Paterson University to create pathways for international entrepreneurs to stay in New Jersey to grow their startups. 

“New Jersey maintains its ongoing commitment to be a place where talent and innovation can thrive,” said Governor Phil Murphy. “By combining the entrepreneurial spirit of global leaders with the strength of these two institutions, we’re laying the foundation for sustained economic growth and cementing New Jersey’s reputation as a national hub for AI and technological advancement.” 

“Our higher education institutions are critical drivers of economic and technological progress,” said New Jersey Secretary of Higher Education Brian K. Bridges. “This program not only provides international entrepreneurs with a pathway to establish roots in New Jersey but will also enrich the learning experiences of students and enhance institutional capacity for innovation.”