I  NJIT Enterprise Development Center

http://www.njit-edc.org





     Office Locations:

211 Warren St.
Newark, NJ 07103
Phone: 973-643-4063
Fax: 973-643-4502

 

Stages:

  • Seed


 

Industries:

  • Business Services
  • Energy & Clean Tech
  • Financial Services
  • Information Technology
  • Life Sciences & Healthcare
  • Software & Internet

  •  

    Description:

    The EDC at NJIT, founded in 1988, is New Jersey's oldest technology oriented small business incubator. The program is committed to the long-term economic vitality and growth of entrepreneurial ventures in the State of New Jersey. The incubator exists to increase the rate of small business formations and to decrease the failure rate of start-ups. EDC addresses problems that young technology-based businesses have in obtaining appropriate technology, market information, management assistance and access to capital by providing, on a non-exclusive basis, reasonably priced office space, shared services to reduce overhead costs, and business, technical and financing assistance. The nearly 90 companies currently housed at the EDC have attracted more than $136 million in third-party funding and had revenues surpassing $100 million. An EDC Administered Seed Fund available to clients to help support efforts critical to their commercialization needs including the creation of sales and marketing tools, the development and implementation of growth strategies and assistance with fundraising.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    DeAnna Croner Digital Marketing Manager
    Jerry Creighton Executive Director
    Yvonne Drakes Assistant Director

     

    Portfolio companies include:


      A-Plus-Consulting
        web link


      ACQUISCI
        web link


      Applechem Laboratory
        web link


      ARGOtext
        web link


      Assistive Dynamics USA
        web link


      ATC Labs
        web link


      ATNT
        web link


      Azcona Enterprises
        web link


      BanDeMar Networks
        web link


      BCT Partners
        web link


      BioNeutral Laboratories
        web link


      CarboMet
        web link


      Cayoll
        web link


      Cell Podium
        web link


      CFO Solutions
        web link


      Cherry Pharmaceuticals
        web link


      City-Hydroponics
        web link


      Compass Communication
        web link


      Consultants 2 Go (C2G)
        web link


      Control Catalyst
        web link


      Criterion Chemical
        web link


      Critical Zone
        web link


      Currant
        web link


      CyberExtruder
        web link


      Cyrano Nasal Sciences
        web link


      D3 United Communications
        web link


      Edentify
        web link


      Endomedix
        web link


      ETD
        web link


      Eton BioScience
        web link


      Floyd D.Townsend & Associates
        web link


      Fluitec International
        web link


      Garden State Apartments
        web link


      Healthcare Technical Solutions
        web link


      Healthy Functions
        web link


      Hilin Life Products
        web link


      Inspirity
        web link


      iSpeech
        web link


      JLS Technologies
        web link


      JMS Healthcare Partners
        web link


      LB Electric
        web link


      Lenterra
        web link


      LinguaFlex
        web link


      Mask Solutions
        web link


      Menssana Research
        web link


      Mission Entertainment
        web link


      Morpholytics
        web link


      MZM Construction Company
        web link


      Nature\'s Secret Solutions
        web link


      NJ Healthcare Innovation Center
        web link


      PaceSetter Photography
        web link


      Phone
        web link


      Pipeline
        web link


      Practice Unite
        web link


      PS&S
        web link


      Pure H2O Technology
        web link


      RDS Associates Consulting Engineers
        web link


      Rennergy
        web link


      Reva Construction
        web link


      RFID Sensor Systems aka New Jersey Microsystems
        web link


      S&A Technologies
        web link


      Sabre88
        web link


      Salutopia
        web link


      SimPhoTek
        web link


      Sphera Materials
        web link


      Symbiomix Therapeutics
        web link


      Sync Labs
        web link


      TeleManager Technologies
        web link


      The Green Labs
        web link


      United Materials Technologies
        web link


      VclinBio
        web link


      Vital Image Concepts
        web link


      WattLots
        web link


      Web Team Corporation
        web link


      What Are Minds For
        web link


      Wickr
        web link


     

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