This fall, Mantua Township will welcome one of its newest — and largest — neighbors when the South Jersey Technology Park at Rowan University opens the doors of its first building, the Samuel H. Jones Innovation Center.
The two-story, 45,000-square-foot innovation center will house sponsored research conducted by Rowan’s College of Engineering and the Center for Innovation and Entrepreneurship and a technology business incubator operated by Rowan’s Rohrer College of Business, along with technology-related businesses and organizations.
Located on Rt. 322 off Rt. 55, the technology park eventually will include 25 buildings that will provide competitively priced facilities for start-up and established companies to bring innovative technologies to the marketplace. Those companies can tap into the “Rowan Connection” and will have access to some of the brightest young researchers and technology experts; work with professors who have national and international reputations in engineering, sciences and business; and gain support for product development initiatives from a university recognized for its expertise in a wide range of technical fields.
The technology park is a public/private partnership supported by numerous organizations and individuals, including the New Jersey Economic Development Authority ($5.8 million), the New Jersey Commission on Science and Technology ($1.5 million), South Jersey businessman Samuel H. Jones ($1 million), the Rowan University Foundation ($1 million), the U.S. Small Business Administration ($500,000) and the New Jersey Department of Community Affairs ($150,000).
Rowan President Dr. Donald Farish said, “We’re excited about our newest venture and what it can mean not only to the University but also to Mantua Township and South Jersey. Technology — and businesses related to it — will only expand in the future. As that happens, the technology park will bring jobs to our area and help fuel the regional economy.”
Mantua Township Mayor Tim Chell added, “Mantua Township is extremely proud to serve as the host municipality for the SJ Tech Park. We are excited about the economic opportunities the Tech Park will bring to our Township.”