Technologies companies at NJIT receive $500,000 in funding from state

Two young innovative technology companies--a software developer and an electronics designer who creates cameras for medical devises have received a total of $500,000 in funding from the New Jersey Economic Development Authority. The companies are based in the small business incubator program at New Jersey Institute of Technology (NJIT).

Cyber-Extruder, a young software development company, and Noble Device Technologies, an electronics designer, each received $250,000 from the NJEDA's Springboard Fund II Technology Grant program.

"CyberExtruder is very excited that the State of New Jersey has recognized the good work we do," said Larry Gardner, of Ridgewood, the chief executive officer. "This grant will make a significant contribution to the development of our next generation of software for the security industry."

"We feel very fortunate that New Jersey leaders value high technology businesses like us, and have developed programs like Springboard II to ensure that we continue to grow," said Clifford King, of New York City, CEO of Noble Devices.

Both companies are located in the Enterprise Development Center (EDC), a high-tech business incubator program, at NJIT. Since 1988, The EDC has helped inventors move innovative products out of the lab and into the marketplace. The program, housed in a trio of Newark buildings, provides office and laboratory space, financial help, business and technical services, and the shared expertise of the center's managers. Goals include reducing risk for fledgling entrepreneurs while creating businesses that will generate jobs and bolster New Jersey's economy.

Cyber-Extruder www.cyberextruder.com uses a core technology enabling the automatic conversions of 2D facial images (such as a passport photos) to life-like biometrically and forensically accurate 3D models of the subjects' faces or heads. The technology has applications

Contact: Sheryl Weinstein
New Jersey Institute of Technology

Page: 1 2

Related medicine news :

1. HydroGlobe acquired by Graver Technologies
2. Jefferson and Molecular Targeting Technologies, Inc. scientists create vaccine for wildlife rabies
3. Northeasterns CenSSIS announces research agreement with ART Advanced Research Technologies
4. Drug companies and governments must act on fake drug problem
5. Drug companies should disclose adverse events before licensing
6. NJIT business incubator helps start-up companies move out of the lab and into the marketplace
7. Drug companies are top health care lobbyists
8. Innovative Canadian companies receive funding to improve air quality
9. U-M study: Physicians perceive health care cost savings line pockets of insurance companies
10. Treatable depression often accompanies even mild memory loss
11. Should banks be liable for pollution caused by companies that borrow from them?

Post Your Comments:

(Date:9/3/2020)... ... September 03, 2020 , ... The American Medical ... Wednesday, April 7, to Saturday, April 10, 2021, at Wynn Las Vegas. The ... a national trade show for non-invasive medical aesthetic practices that brings together owners, ...
(Date:9/1/2020)... ... September 01, 2020 , ... ... in Glendale. While the office will be the first to bear her ... tucks, buttock augmentation (Brazilian butt lift), as well as rhinoplasty, facial rejuvenation, and ...
(Date:9/1/2020)... (PRWEB) , ... September 01, 2020 , ... ... Surgeon with specialty fellowship training in aesthetic surgery of the face, breast, and ... – the only female-owned premier boutique plastic surgery and aesthetic practice in Southwest ...
(Date:8/31/2020)... ... August 31, 2020 , ... Ocean Springs, Mississippi-based ... to medical first responders across the United States. Since the start of the ... equipment (PPE) medical centers , hospitals , firefighters , and ...
(Date:8/31/2020)... , ... August 31, 2020 , ... ... support services to dental groups in the United States, today announced the grand ... of Beaumont, CA. , Patients will enjoy convenient hours, a comfortable office, ...
Breaking Medicine News(10 mins):
(Date:8/28/2020)... LOS ANGELES (PRWEB) , ... August 28, 2020 ... ... of integrative medicine and aesthetic beauty, bringing a unique perspective and approach. Armed ... Toronto, Dr. Rahi ventured out to share her knowledge of the human body ...
(Date:8/27/2020)... ... August 27, 2020 , ... Trella Health, the leading source ... of cloud CRM, marketing automation, and contact center solutions for senior living communities ... of Trella’s performance intelligence data and insights into Enquire’s CRM solution to serve ...
(Date:8/26/2020)... Mo. (PRWEB) , ... August ... ... a member of Eurofins BioPharma Services, Laboratory Testing division, expands its technology ... existing suite of Flow Cytometry platforms available. With industry-leading biomarker solutions, complemented ...
Breaking Medicine Technology:
Cached News: