Lieutenant Governor Tahesha Way Signs Memorandum of Understanding between New Jersey Innovation Institute and T-Hub Foundation
NJII | December 11, 2024
As part of the New Jersey-India Commission’s inaugural mission, the Commission, in conjunction with Choose New Jersey, today facilitated the signing of a Memorandum of Understanding (MOU) between New Jersey Innovation Institute (NJII), a subsidiary of the New Jersey Institute of Technology (NJIT), and T-Hub Foundation (T-Hub), India’s leading startup incubator. New Jersey is The World’s State™ — a global hub that draws immigrants and international businesses from around the world, and this collaboration aims to encourage innovation and support economic growth in New Jersey and the State of Telangana in India.
This new Memorandum of Understanding builds on a longstanding partnership between Choose New Jersey, T-Hub, and NJIT. In 2019, Choose New Jersey and T-Hub signed a tripartite agreement with VentureLink, the community hub for technology companies at NJIT, to advance startup innovation, funding, and entrepreneurship. This earlier collaboration laid the groundwork for the continued exchange of ideas and resources, further solidifying the relationship between New Jersey and India as global leaders in fostering technological advancements and economic growth.