New Jersey Innovation Institute

What is a Venture Studio? 🤔 DID YOU KNOW: The concept of a Venture Studio is highly differentiated from traditional venture investing. In our latest blog, we highlight the difference between these concepts and how the Venture Studio model is the perfect bridge for the gap between early ideas and the creation of a successful company through a high touch approach it enables ideas to come to life. NJII's Venture Studio Director, Viraj Mane, PhD, covers the concept of a Venture Studio model, how it is established and its intentions, what it takes for a Venture Studio to be successful, and more.   Learn more about Venture Studios and how NJII is utilizing this model build companies that leverage NJII/NJIT intellectual property (IP): https://lnkd.in/e_Y3fTm9

Happy Diwali from NJII! 🪔 ✨ Our team celebrated Diwali this week by coming together to honor the Festival of Lights — sharing delicious food, adorning our space with colorful decorations, and learning about the rich traditions and history of Diwali from our team members. From storytelling to playing fun games, this was a beautiful reminder of the joy that diversity brings to our team and our work. Happy Diwali to all who celebrate! 🌟 #Diwali #FestivalOfLights #TeamCelebration #DiversityAndInclusion

🔍 Exploring New Metal Alloys for Additive Manufacturing Additive manufacturing (AM) opens up a world of possibilities, especially when it comes to adjusting process parameters for various metal alloys. But where to begin? In our latest blog, we dive into the complexities of Powder Bed Fusion and the use of Volumetric Energy Density (VED) to guide researchers in fine-tuning parameters like laser power, scan speed, hatch distance, and layer thickness. Learn more about using VED for AM optimization and how the NJII Defense team can help guide you: https://lnkd.in/gbcCyy4h #AdditiveManufacturing #Innovation #NJII

A guide to mastering MIPS 🏆 ✅ Navigating the complexities of Medicare’s Merit-based Incentive Payment System (MIPS) can seem overwhelming, but we’re here to simplify the process and help you optimize your performance. Read our latest comprehensive guide that will walk you through each step, from understanding the basics to successfully submitting your data, so you can boost your Medicare reimbursements with confidence. 🔗 Read the guide here: https://lnkd.in/e-UDKTJb 

As we wrap up #CybersecurityAwarenessMonth 🔐, NJII's COO & Executive VP of Healthcare, Jennifer D'Angelo, MSHCM, highlights the importance of cybersecurity in healthcare. Let's build a safer digital future together. Read about NJII's commitment to security all year round: https://lnkd.in/gVwcyJJu

Our quarterly Town Hall meeting was full of Halloween spirit today! 🎃 👻 🍬 After some company updates presented by our President, Michael Johnson, Ph.D., our People Development and Culture team coordinated a Halloween costume contest with a special New Jersey Institute of Technology judge panel! Thank you Joseph Sramaty and Hollie Feeney, SHRM-CP for helping us choose our winners. Congratulations to all and thank you to everyone who joined the spooky spirit celebration! #HalloweenCelebration #Halloween #CostumeContest #TeamSpirit

Recent advancements in large language models (LLMs) like GPT-4 have led to impressive capabilities across a wide range of tasks, including complex reasoning. However, new research from researchers at Apple sheds light on concerning limitations in the reasoning abilities of even the most advanced LLMs available today. Read our latest blog post where NJII AI and Machine Learning Assistant VP, Tom Villani, PhD, dives into the work yet to be done before confidently relying on AI systems for complex reasoning tasks in the real world. 🔗 Read about the limitations in popular LLMs: https://lnkd.in/ecDzEuki #LLMs #AI #AIsystems #AImodels

We're so excited to be joining the New Jersey Institute of Technology team at this year's New Jersey State League of Municipalities 109th Annual Conference! Join our NJIT and NJII leaders from November 19-21 at the Atlantic City Convention Center to explore the latest developments in technology, the environment, and infrastructure while exploring budgeting, public safety, health, and the multitude of other issues that arise. We can't wait to connect with you! Register here: https://lnkd.in/eWN4_tgd

Earlier this week, the NJII management team took some time to connect and reflect with great food and great conversation at the The Huntley Taverne (Summit, NJ)! 🍽️ Michael Johnson, Ph.D. | Tom Nehila, MBA,CMA | Victoria McMullen | Jennifer D'Angelo, MSHCM | Stacey Lynn Clark | Michael van Ter Sluis | Tom Villani, PhD | Darlene Carr | Joe Cauvin | Lauren Baldino, SHRM-SCP, SPHR

Big News for New Jersey! 🤝 Yesterday, Governor Phil Murphy announced the launch of NJII's Venture Studio - a collaborative initiative between NJII, New Jersey Institute of Technology, and the New Jersey Economic Development Authority (NJEDA). The NJII Venture Studio is the seventh Strategic Innovation Center (SIC) in New Jersey announced under the Murphy Administration. The Venture Studio will provide emerging companies with necessary business training, operating services, physical space, and management guidance to transform their research into commercially viable products and services Read the full announcement to learn more about the NJII Venture Studio: https://lnkd.in/e4Ab2qYA #VentureStudio #innovation #entrepreneurship Michael Johnson, Ph.D. | Teik C. Lim | Michael van Ter Sluis | Viraj Mane, PhD | Mary Jane Durkin |