Earlier today, we attended the NJ AI Innovation Challenge Demo Day in New Brunswick and listened to AI-enabled product offerings developed by 10 NJ early-stage business.
The challenge is part of a statewide initiative to accelerate the use of AI for social and public good.
Plug and Play Tech Center, backed by the New Jersey Economic Development Authority (NJEDA) under former Governor Murphy’s AI Moonshot, operates the program which provides funding, mentorship, and resources for teams and startups building AI-driven solutions. Notably this challenge provides up to $3.4M of non-dilutive funding to these local entrepreneurs.
