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NJII is one of the inaugural grant recipients in the JPMorgan Chase & Co. Small Business ForwardSM initiative, a five-year, $30 million grant program to boost small business support networks that help growing enterprises in specific industries. Small Business Forward connects entrepreneurs with critical resources to help their businesses grow, create jobs and strengthen communities. Funding from JP Morgan Chase ($1.45M over five years) will allow NJII to grow the Health IT cluster and extend their EDC (Enterprise Development Center) services and the capabilities of the new NJII Healthcare Delivery Systems iLab by piloting a new initiative, the Health IT Entrepreneurial Connection Program. The Health IT Entrepreneurial Connection program will target growth stage Health IT entrepreneurs that have achieved initial market traction of $250,000 in revenue and need support to accelerate their commercialization pathway.
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Program duration in weeks: 11
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Location: Newark, New Jersey, United States