Rowan University was awarded a grant of $5.8 million by the New Jersey Economic Development Authority (NJEDA) to establish the South Jersey Technology Park (SJTP). The goal of SJTP is to lead the economic revitalization of Southern New Jersey through an integrated program of science and technology initiatives. SJTP’s mission is to expand and strengthen the unique research and learning environment of Rowan University, establish a technology-based entrepreneurial economy, and create value for its surrounding communities in their economic, physical and social development.
To fulfill this mission, SJTP is incorporated as a non-profit corporation, South Jersey Technology Park at Rowan University, Inc., and the Board of Directors was elected. A strategic plan was developed and implemented.
Located on Route 322 (Mullica Hill Road) near the junction of Rt. 55 in Mantua Township, SJTP provides competitively priced, class “A” facilities for start-up and established companies that bring innovative technologies to the marketplace and serve as a home for technology-focused researchers, inventors, entrepreneurs, professors and students.
The Samuel H. Jones Innovation Center is a 45,000-square-foot LEED Certified building with approximately 22,500 square feet devoted to laboratory and office space for academic research and 22,500 square feet available for private tenants, including Rowan’s Technology Business Incubator for startup companies. Current tenants of the Samuel H. Jones Innovation Center include the Rowan College of Business incubator and Henry M. Rowan College of Engineering research laboratories.
Tenants at SJTP access the research, development and commercialization expertise of Rowan University’s engineering, science and business faculty, among others. Access to University talent, research facilities and on-campus amenities creates a unique incubator space.