New Jersey § 18a:64j-30

§ 18a:64j-30.

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 New Jersey Commission on Science and Technology as created by P.L.1985,

c. 102 ( C.52:9X-1 et seq. ); d. “ 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. ); e. “ Private institutions of higher education ” means independent colleges or universities 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 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; f. “ 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; g. “ 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.