New Jersey § 18a:64j-2

§ 18a:64j-2.

For the purposes of this act: a. “ Advanced technology center ” means one or more outstanding programs or departments at New Jersey's public and

private institutions of higher education, which are provided substantial and concentrated

financial support to promote their development into national-level bases for innovative

technology research. b. “ Business incubation facilities ” means low-cost, short-term occupancy, rental spaces wherein assistance is granted

to a targeted network of new companies employing selected technologies congruent with

the strengths of the State's public and private institutions of higher education. c. “ Commission ” means the Governor's Commission on Science and Technology as created by Executive

Order No. 12 of 1982 or its successor which is established by the Legislature. d. “ Consortium ” means a cooperative arrangement between two or more institutions of higher education

to pursue a program for strengthening academic programs, improving administration

or providing for other special needs. e. “ Innovation partnership grants ” means matching grants to academic researchers performing applied research in emerging

technologies at any of the State's public and private institutions of higher education,

which are of strategic importance to the New Jersey economy, under regulations adopted

by the commission pursuant to the “Administrative Procedure Act,” P.L.1968, c. 410

( C.52:14B-1 et seq. ). f. “ Private institutions of higher education ” means independent colleges, universities or institutes incorporated and located

in New Jersey, which by virtue of law or character or license are nonprofit educational

institutions authorized to grant academic degrees and which provide a level of education

which is equivalent to the education provided by the State's public institutions of

higher education as attested by the receipt of and continuation of regional accreditation

by the Middle States Association of Colleges and Schools, and which are eligible to

receive State aid under the provisions of the Constitution of the United States and

the Constitution of the State of New Jersey, but does not include any educational

institution dedicated primarily to the education or training of ministers, priests,

rabbis or other professional persons in the field of religion. g. “ Public institutions of higher education ” means Rutgers, The State University, the State colleges, the New Jersey Institute

of Technology, Rowan University, Montclair State University, Kean University, the county colleges and any other public university or college now or hereafter established

or authorized by law. h. “ Technology extension services ” means programs that not only accelerate the application and transfer of technological

innovations by the State's public and private institutions of higher education to

existing industry, but also adapt these innovations to the requirements of individual

business operations.