Rutgers gets federal boost to innovation

May 28, 2015 •

Rutgers University secures $500,000 federal grant along with others to support plans for a new innovation park.

Rutgers University has received $500,000 in federal grant cash to support the development of a new innovation park in New Jersey which aims to stimulate academic and industry links.

Provided through the Economic Development Administration’s (EDA) Regional Innovation Strategies Programme, the money will be used to further develop plans for the proposed Innovation Park@Rutgers. The grant was one of a round of ten the EDA has made recently. Other universities receiving grants include Georgia Tech, Pittsburgh State, Tennessee, New Mexico…

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