NJIT aims to be ‘innovation nexus’ under its new strategic plan

NJIT 2030 strategic plan

New Jersey Institute of Technology wants to be a “nexus of innovation.” One that embraces new technology, commercializes groundbreaking research, leverages its diversity and tackles global environmental and socioeconomic challenges. Under its new strategic plan, the Newark-based institution can do just that.

The plan, extended through 2030, identifies six priorities, spells out the university’s mission to be a leader in research, innovation and entrepreneurship, and reaffirms its core values, including collaboration, social responsibility, diversity and sustainability.

The priorities define student and faculty success, and set goals in digital transformation, external engagement, investment and the realm of research, innovation and entrepreneurship.

“Innovation is at the core of what we do,” NJIT President Teik Lim said. “We’re part of an interconnected system that can advance humanity and students here can change lives, including their own, and learn to be highly adaptive as they land jobs that reward them financially and emotionally.”

NJIT Provost John Pelesko added, “Providing our students with the opportunity to participate in internships, co-op programs, study abroad experiences, research and service-learning helps them gain hands-on experiences that enable them to grow and fuel the economy of New Jersey, the region and the nation.”

The 2030 strategic plan, developed across 16 months by a steering committee and subcommittees of educators, administrators, students, deans, staff and board members, was endorsed by the board of trustees this month and succeeds the previous 2025 plan, “Building on a Strong Foundation.”

“What sets NJIT apart is the university’s drive to innovate. This has been our core strength for decades. And, our strategic plan has us continuing to build upon this in amazing ways well into the future,” Board Chair Robert Cohen said. “We want to make sure we put our money toward building the pillars — this family of strategies part of the innovation nexus.”