Frequently Asked Questions

Who is the Center for?

The New Jersey Innovation Acceleration Center is a resource for entrepreneurs and innovators from throughout the region. With our partnership with the Enterprise Development Center, we offer a full range of services including business incubation to new businesses training and other resources.  The NJIAC focuses on student and faculty at NJIT and throughout Newark and sponsors the NJIT Innovation Acceleration Club and the Newark Innovation Challenge among other activities.  The mission of the NJIAC is to help innovators accelerate their time to market and to revenue metrics.


Who can participate?

Any innovator and entrepreneur can participate in the programs offered by the NJIAC.  We also encourage local banks, venture capital, legal, accounting, and other business service firms to participate as sponsors and educators.  We work closely with state and local economic development agencies to deliver services to participants.


Does the NJIAC Sponsor Competitions for Entrepreneurs?

We try to create an environment where students and community members can learn through competition to develop their business models and create new innovations. Prizes are designed to further support business development through additional practical training and education.


Where can I find more information about these Competitions?

For more information, follow the links below: