Name    : 
E-Mail  : 
Subject : 

Comments:
: FOR RELEASE: Immediate 
: June 9, 2005

: CONTACT: Sara Ryan 
: Tel: (609) 292-5215 

: BAER/ DORIA BILL WOULD ENSURE SCIENCE AND TECHNOLOGY ADVANCEMENTS 

: TRENTON - Legislation sponsored by Senators Byron M. Baer and Joseph V. Doria which would allow the New Jersey Commission on Science and Technology to receive a percentage of royalties from any patents, trademarks, or copyrights developed by a biotech or high energy company, was approved in the Assembly Commerce and Economic Development Committee today. 

: "It's important to invest in scientific advancements in the state, and a 1985 commission was created to promote and encourage technological innovation," said Senator Baer, D-Bergen. "The commission has provided financial support to biotechnology, information and environmental protection technology projects because many of the programs would have difficulty attracting private investors."

: "The commission for years has financially supported leading edge research and development, and they deserve a return on their investment in order to continue funding projects," added Senator Baer.

: The bill, S-567, would give to the commission a percentage of all royalties received from patents, trademarks, or copyrights created by biotech and energy companies that have received funds from the commission, to be reinvested in additional programs.

: "New Jersey has a history of cultivating progress in science and technology that has helped people the world over," said Senator Doria, D-Bergen. "However, the State does not have unlimited resources, and if we're going to maintain the level of commitment we've exhibited so far, successful recipients of New Jersey's support need to give back to the State that gave so much to them in the first place. By retaining a portion of the royalties on investments made possible by the Commission on Science and Technology, we can remain competitive in our offerings to other inventors and researchers, and attract the best of the best to set up shop in the Garden State." The bill now heads to the full Assembly for consideration. ###


Optional Link URL:  
Link Title:         
Optional Image URL: 

 

Hoboken Guide

Featured Link Featured Listing Advertising Program Business name, Web Site Link and a brief description or motto – runs for one month in the Page (or Pages) of your choice. Sales Associates Wanted! GET NJ seeks sales associates to market ads on a commission basis. For more information, e-mail your resume and contact information to sales@getnj.com – Be sure to mention the area of New Jersey and/or the market segment that you plan to serve. GRAVE ROBBER Jersey City Computer Repair 297 Griffith Street, Jersey City, NJ - 201-798-2292 - In the Heights just off of Kennedy Blvd. - Very close to Journal Square and Union City, just five minutes away from Hoboken, Downtown Jersey City, Newport, the Waterfront, Secaucus, North Bergen and Weehawken - Tech support for The Jersey City Mayor's Office during the administration of Bret Schundler - PC repair - Tivos, too!, upgrade, hardware install, software install, data recovery, spyware removal, virus removal, replace hard drive, replace motherboard, copy files from notebooks, backup information from dead laptops Wanted! Used Computers! Used computers bought and sold. Located in Jersey City, NJ - convenient to the Hoboken 2nd Street Light Rail stations and the Journal Square PATH subway station. E-mail graverobber@verizon.net with an itemized list (description) of what you have for sale and the price. Pickup in the New York City Metro area -- minimum 10 units. Secure, guaranteed data removal is available.

For All Sorts of Unique New York City Information, Visit GET NY!