Establishes the "Innovation Partnership" to promote emerging technology businesses in New Jersey.
The bill establishes the "Innovation Partnership" to be administered by the New Jersey Commission on Science, Innovation and Technology. This partnership includes one or more independent nonprofit organizations working to advance emerging technology businesses. The commission selects and certifies these partners, prioritizing those with diverse leadership and located in municipalities eligible for state aid. Partners focus on specific regions, such as financial information technology, cybersecurity, healthcare, and renewable energy.
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