The New Jersey Tech Council provides business development, education, networking and recognition opportunities as well as advocacy for the state and region‘s technology businesses. By collectively representing tech, life science and tech-related companies and organizations as well as the professional firms that support them, the Tech Council has the unique ability to:
- Offer opportunities to learn, network and grow
- Recognize and promote member companies and their leadership
- Nurture the tech and STEM talent pipeline critical to growth
- Provide access to financing sources and additional resources
- Advocate and support public policy which strengthens our ecosystem
Founded in 1996, and now celebrating its 20th Anniversary, the Council is a private, nonprofit membership organization, which supports the tech, innovation, and entrepreneurial ecosystems across the state and region. It is among the largest and most respected trade organizations of its kind nationwide.
The Tech Council boasts some of the most dynamic conferences in the region including the Innovation Forecast and Venture Conference which attract hundreds of entrepreneurs, innovators and investors with great ideas and capital to invest. These events are fabulous connectors and grow every year with new faces, innovations and technology. The CIO Conference focuses on current issues, challenges, opportunities and strategies for IT leaders. The Global Commercialization Conference and Incubator Showcase emphasize collaboration in the tech transfer area between industry and academia. The Leadership Summit assembles the region’s best and brightest high-tech and life science executives for insightful discussions, engaging speakers and practical advice for managing growing enterprises.
Sector specific conferences such as the Data Summit highlight this growing market related to data storage and analytics. The Fintech Conference addresses the needs of the financial sectors as they seek to develop and implement an effective payment and lending frameworks. The Internet of Things Conference fosters innovation in the region by bringing together developers, entrepreneurs, investors, and students to showcase and share ideas, and find resources and talent. The HealthTech Conference is designed to offer the latest best practices in leveraging tech in the healthcare arena.
Industry Networks and Peer Groups
The Council holds quarterly educational and networking programs in five industry verticals: IT/SupplyChain; Telecom/Media; Life Sciences/HealthTech; and Emerging/Disruptive Technologies. It also offers exclusive peer forums on a quarterly basis for CEOs, CFOs, CIOs and Innovation Leaders.
Access to Capital
Cofounded by the Tech Council in 2004, Jumpstart NJAngel Network is the region’s most successful network of angel investors. The group is made up of high net worth individual investors collaborating on deals, and as of September 2014 has invested over $40 million. The Council launched the NJTC Venture Fund in 2001, a $72 million early stage fund dedicated to growing technology here in New Jersey. The fund is fully deployed in 37 companies and has helped create over 1,700 jobs. Its successor fund, Tech Council Ventures, is launching this year.
At the Council, we believe members should be spotlighted and recognized for their contributions to the region’s technology community. To that end, the Awards Celebration, which has been called the premier networking event in New Jersey, brings together hundreds of the technology elite in the region to celebrate the “Best of the Year” awards. Each year, the Council names CEOs and CIOs of the Year and financial execs are honored at the CFO Awards Breakfast.
As an advocate for technology companies in New Jersey, the Council continuously monitors federal and state policies that impact the growth of New Jersey’s technology industry. Our member companies offer strength in numbers which the Council utilizes to inform and educate policy makers on issues that are important to the state’s technology and life sciences communities.
TechNews magazine covers the business behind Information Technology, Life Sciences, Healthcare, Education, Electronics, Manufacturing, Supply Chain, Energy, Environment, Communications and Media. Read what industry experts and innovators are saying about how they are growing their businesses.
The Council’s Education Foundation brings business and academia together to foster collaborative relationships through teacher/student visits to member companies, competitions, hackathons, as well as student internships and mentoring.
“The roadmap for a successful start-up venture is not always a straight and well-defined path. To this point, the New Jersey Tech Council has provided various vehicles throughout the year to network, meet peers, consultants and investors. For example, as a presenting company at the recent Venture Conference our focus was on pitching our business for a potential investor. As it turned out, the timing also coincided with the launch of our first product, GenVisc 850, which treats osteoarthritis knee pain. While we made several good contacts and referrals during the event, an individual approached us as a potential investor, and unexpectedly, as a customer as well. This connection enabled us to make introductions to a major orthopedic practice and we’re presently in discussions to win their business. A great outcome but not one we expected – we didn’t land the investment but we gained a customer. Just one example of our ability to pivot and take advantage of the opportunities presented by the Tech Council.”
Michael J. Daley, PhD
President and CEO, OrthogenRX
“As a new member of NJTC, I found the presentation by John McCarthy of Forrester on “Software is the Brand” to be informative and helpful for any growth oriented company, not just tech companies. One of his key points was that most future products and services will include some form of software especially to help connect with the customers and partners. As a provider of consulting services in the area of product decisions for innovation, I see how this educational subject is directly related to the future sustainable growth of companies in the NJ area. Congratulations to NJTC for such a strong program. I am looking forward to many more.”
Ken Boyle, StederNC LLC
“Since making the leap from the corporate world to a small business start-up I have found it essential to always be on the lookout for resources, networks and organizations that support entrepreneurs and innovation. During this research and networking process I’ve learned that New Jersey has a terrific entrepreneurship support system. Technology innovation is leading the way, and NJTC is clearly a leader in bringing together all the important players, activities and resources within our growing technology community.”