ATU establishes links with New Jersey entities
ATLANTIC Technological University has this week signed two memorandums of understanding with New Jersey academic and real estate entities.
The MOUs aim to create mutually beneficial opportunities and forge collaboration in innovative projects that foster entrepreneurship, business development, career development and international education.
“A consistent effort of my administration has been helping New Jersey institutions in identifying and partnering with entities that can help grow New Jersey’s economy and create jobs,” said New Jersey governor Philip Murphy. “The partnerships solidified are an example of the fruits of those efforts.”
“New Jersey is a global technology hub,” Wesley Mathews, president and CEO of Choose New Jersey added. “The MOUs signed demonstrate that international institutions recognize what we already know – that the state’s unique combination of top-tier universities, talent, infrastructure and ideal location make us extremely appealing to global institutions.
“Choose New Jersey is proud to
facilitate these partnerships and assist more Irish companies.”
The first MOU was signed between New Jersey City University and Atlantic Technological University. Among other items, the agreement calls for connecting companies participating in the ATU incubator programs and companies aligned with NJCU’s School of Business and the Guarini Institute for International Education and Economic Mobility, with the ecosystem in New Jersey and the west and north-west of Ireland respectively.
Both schools will facilitate student trips to the other’s campuses to complement career development opportunities and engage in faculty exchanges and connections.
The MOU will provide access to working space at the NJCU School of Business innovation center for ATU entrepreneurs to explore expansion into the US market.
“This agreement with Atlantic Technological University will benefit our respective communities by leveraging the considerable talent and abilities of our faculty, staff, and students,” said Dr Bernard McSherry, founding dean of the NJCU School of Business.
“Working together, we will foster economic development, and the good jobs that accompany it, in both New Jersey and Ireland.
“I can’t wait to see the results of this partnership.”
The second MOU is between New Brunswick Development Corporation, Atlantic Technological University and Choose New Jersey. This collaboration will promote foreign direct investment, enhance the global competitiveness of New Jersey and Irish companies and support collaborative research and development in areas of common interest. Choose New Jersey will act as an interface and provide support to ATU startups, and ATU will actively educate its community on the advantages of a New Jersey location.
DEVCO will offer ATU companies six months of free office, lab, or co-working space at the New Jersey Innovation & Technology hub. Dr Orla Flynn stated: “We look forward to working with Choose New Jersey and DEVCO to accelerate the growth of ATU-supported tech companies who are looking to expand their operations across the Atlantic.”