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31 May 2000

Stevens showcases businesses in its technology incubator

HOBOKEN, N.J. — The Stevens Technology Ventures Incubator will hold its Seventh Annual Technology Showcase on Wednesday, June 7, from 11 a.m. to noon, in the Wesley J. Howe Center’s Bissinger Room, 4th floor. The Howe Center is located on the central campus at Castle Point (enter at 9th Street).

Media are welcome to attend the showcase. Please contact Jaimee Moore at (201) 216-5602 for parking information if you plan to attend.

The Showcase highlights the achievements of the incubator’s client companies. The event affords the community an opportunity to visit the companies’ displays, meet the entrepreneurs and see some of the latest technologies being commercialized.

TVI's mission is to encourage and assist potential entrepreneurs with innovative ideas or commercially attractive technology to start their own companies on campus in a supportive environment. The goals are the creation of freestanding technology companies; high-value local jobs; tax revenues returned to the community; and new technology developed and retained in the state. TVI directs its effort toward meeting the special needs of technological entrepreneurs and facilitates the process from pre-enterprise development to product commercialization in a number of ways.

TVI has assisted 51 resident companies, creating 166 new jobs (figures at time of graduation from TVI), and with 130 patents in their respective fields. TVI has assisted these companies in raising over $12 million in external funding.

More information on the Stevens Technology Incubator is available through its director, Gina M. Boesch, at (201) 216-5366.

About Stevens Institute of Technology

Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.

Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,150 undergraduate and 3,500 graduate students, with about 250 full-time faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.  

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Contact: Office of University Communications, +1-201-216-5687, media@stevens.edu
Stevens Institute of Technology, Castle Point on Hudson, Hoboken NJ 07030-5991 USA +1.201.216.5000