Corrections or additions?
This article was prepared for the September
27, 2000 edition of U.S. 1 Newspaper. All rights reserved.
Incubators — Public & Private
Money is the most important thing that early stage
technologies
need,” says Randy Harmon of the Technology Help Desk and
Incubator at Rutgers in New Brunswick. He speaks on a program about
public and private incubators at the New Jersey Entrepreneurial
Network
on Wednesday, October 4, at noon at the Doral Forrestal. Cost is $45.
Preregistration is encouraged. Send information by E-mail:
or call 609-279-0010.
Also speaking at the NJEN meeting are Tom Stine of Omni-e and
Ron Berg (www.Idealabs.com). The four-year-old Idealabs
incubator creates, builds and operates companies in the interactive
communications business. It encourages nascent businesses that fulfill
an unmet customer need, have an idea that will allow for expansion,
and have a counter-intuitive business model (U.S. 1, September 13).
In addition to the Technology Help Desk & Incubator at Rutgers in
New Brunswick, traditional government-sponsored incubators in New
Jersey are NJIT Enterprise Development Center in Newark; the
Technology
Ventures Incubator in Stevens Institute of Technology in Hoboken;
the Trenton Business and Technology Center in Trenton; the Burlington
County College High Technology Small Business Incubator in Mount
Laurel;
and the Picatinny Technology Innovation Center in Dover.
Most incubators provide tenant companies with facilities (laboratory,
office, or manufacturing space) and shared office services. Public
incubators also offer professional business counseling and critical
linkages to research and technology resources at university and
technology
business centers and to funding sources. Now private incubators are
beginning to sprout up.
“Private incubators are positioning themselves as a more direct
link to the money,” says Harmon. “At our incubator, we are
trying to be a direct link to funding. We are a partner with the
Tristate
Private Investors Network (PIN), launched earlier this year in
partnership
with Sandals Capital Resources.” The Venture Association of New
Jersey also helped with that launch.
Ellen Sandals heads the Manhattan-based Sandals for Capital
Resources (www.angelinvestorfunding.com), which manages Tristate PIN,
a group of 24 angel investors in the metropolitan area that is
considering
deals. “A couple of my client companies, some of them tenants,
some external clients, are working with Tristate PIN discussing
deals,”
says Harmon. “We also have MBA students helping screen business
plans for PIN and reviewing and critiquing business summaries before
submission to PIN.”
Two women executives at Nassau Broadcasting Partners
LP have been recognized as among the “Most Influential Women
in Radio” and helped to debut a corporate mentoring program for
women at a convention in San Francisco last week (September 20 to
23). Joan Gerberding is president of Nassau Radio Network and
Michele Stevens is senior vice president, programming, at the
Alexander Road-based studio.
The Henry Luce Foundation recently gave PrincetonTheologicalSeminary a $2 million to establish the Henry Luce III Professorship.It will allow the seminary to draw esthetics more to the core of thetheological agenda, not simply by introducing artistic subjects intothe curriculum, but by stimulating reflection on the classic unionof truth, beauty, and justice. In 1988, the foundation gave $2 millionto create a new library that joined the Robert E. Speer Library, thenan additional $1 million to finish its construction. Completed in1994, it now houses the seminary’s archives and rare book collection.The National Institute of Child Health and Human Developmentgranted $423,621 to Princeton University to study the relationshipbetween economic factors and child neglect. The study will follow3,675 children born to unwed parents, and 1,125 children born tomarriedparents, from twenty U.S. cities in fifteen states for a period of18 months.The data collected will be used to examine how parental resourcesinteract with other factors to affect child neglect, includingparentalstress and depression, and community characteristics such as communitypoverty, neighborhood cohesion, social control and violence. A majorfocus of the research will be the effects on neglect of publicpolicies,such as welfare programs and child support enforcement, whichinfluenceparental resources. The assessments will provide first-handinformationon the child’s physical environment, the quality of parenting, andparent-child interactions.Hill Wallack, Attorneys at Law, worked with the MercerCounty Bar Association this summer to bring fans to senior citizenswithout air-conditioning. Anthony L. Valasquez and Todd J.Leon distributed fans to a such organizations as the PrincetonSenior Center, Community Action Center, Mt. Carmel Guild, the cityof Trenton’s Office on Aging, and the Urban League.A-1 Limousine Inc. raised $2,500 in a charity softballgame against WPST-FM at the Mercer County Park to benefit theAnchor House of Trenton, a non-profit organization established in1978 to help runaway children find solitude and counseling.Top Of PageVolunteers NeededThe Stony Brook-Millstone Watershed Association needsvolunteers to help plant approximately 300 small trees in Etra LakePark on Saturday, October 28, which will protect the health of thelake and nearby Rocky Brook. People are needed to plant trees andshrubs, and to help for the morning, the afternoon, or all day. Scouttroops, church organizations, community groups, and citizens are allwelcome. Interested volunteers should call Steve Yergeau at609-737-3735.Previous StoryNext StoryCorrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
