$22.3M in expenses

See schedule onjii helps to turn ideas into workable solutions across five divisions: healthcare, learning and development initiative, defense, entrepreneurship and artificial intelligence & machine learning.healthcare NJII healthcare drives data-driven healthcare transformation, enhancing patient experience and population health while reducing costs through innovation and technology. As the state-designated entity, the healthcare division manages the new jersey health information network (njhin) for the NJ department of health (njdoh). In collaboration with healthcare organizations, the healthcare division facilitates participation in government programs, requiring robust data management. Since 2015, its programs have served over 12 million patients, with a mission to expand clinical data interoperability and ensure top-level information security.learning and development initiativeldi is a collaborative effort between njit and NJII, leveraging the expertise of faculty, partners, and subject matter experts. This approach provides a wide range of educational and training opportunities, tailored to meet the demands of today's dynamic business environment.defenseat NJII, the defense division is mobilized to identify, build, and implement innovative solutions that identify and operationalize advances in technology. Using ideation sessions, NJII works with industry partners and the department of defense (dod) to understand how new technology will be deployed and used. NJII works to support program objectives by providing design capabilities, workforce training development and field test support. The key outcomes are workforce development, improved protection of military personnel and critical assets, and improved efficiency of military operations.to achieve these outcomes, NJII aligns and advances emerging technologies to operationalize them, with a particular focus on advanced manufacturing, contested logistics, and AI/computer vision. The programs implemented together have provided assurances for supply chain, soldier and officer safety, utilities protection and natural resource preservation.entrepreneurshipthe NJII entrepreneurship division has created a third pathway to deploy the njit ecosystem of technologies, capabilities, and entrepreneurs: a venture studio. Unlike a venture fund or traditional venture investing which invest in other people's companies the NJII venture studio creates its own high-growth companies as vehicles for njit assets. The NJII venture studio is the dividend of a 10-year track record of successful new venture investment and acceleration at NJII. While the NJII team utilizes this unique ability to support its homegrown start-ups, the entrepreneurship division also offers new venture acceleration services to support the needs of its corporate, state and community partners. NJII surrounds startups in a network of seasoned entrepreneurs, investors, and technical advisors as well as provides experiential learning opportunities for its companies to accelerate their path to profitability and return for their investors.artificial intelligence & machine learningthe NJII AI/machine learning division offers expert services to meet AI needs. AI-powered tools and technology can be a competitive asset for a company's growth objectives. Education of staff, implementation of technology, and integration of tools can benefit most organizations looking for efficiency. This division works to modernize processes and upskill staff utilizing a decade of experience.