Bill > S4110

Introduced Session

This bill requires the New Jersey Commission on Science, Innovation, and Technology to establish a matching grant program for public research universities that meet certain criteria. Awards under the matching grant program would be distributed to public research universities for federal research projects that align with priority industries, as determined by the commission. Under the bill, a public research university would be eligible to apply to the commission for matching grant funds in accordance with application guidelines and procedures to be established by the commission. The commission would establish an application form and procedure for public research universities to apply for matching grant funds. In establishing the application form and procedure, the commission is required to evaluate applications based on certain minimum criteria laid out in the bill. Funds awarded under the matching grant program may be used as a match for federal research proposals that require a financial match receive or that provide higher consideration to proposals in which a financial match is in place. The bill requires the commission to annually prepare and submit to the Governor and to the Legislature a report that, at a minimum, details each of the recipients of matching grants and that describes the effectiveness of the grant program in assisting with the promotion of economic development in the State. Finally, the bill appropriates $5 million to effectuate the provisions of the bill.

Committee Categories

Andrew Zwicker (D)*,  Patrick Diegnan (D), 

Introduced in the Senate, Referred to Senate Higher Education Committee (on 02/03/2025)

Official Document