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Washington, D.C. -- Rep. Rush Holt (NJ-12) today met with 100 Central New Jersey business, labor, and education leaders to discuss and detail upcoming plans for the “Einstein’s Alley” economic development initiative. The vision of Rep. Holt’s Einstein’s Alley initiative has been to make Central New Jersey the home of economic development based upon innovation, research, and development (R&D).
“Central New Jersey has the talent and the resources to be a nationally recognized hub of research-based businesses,” said Rep. Holt. “We have the ability to shape our economic future by connecting and capitalizing on our existing assets. What we need is the organization and commitment.”
Since its inception in 2003, Einstein’s Alley has served to connect regional entrepreneurs and leaders in the fields of business, labor, and higher education through monthly economic development seminars, regional conferences, mayoral meetings, web-based information, also the Municipal Land Use Center, which assists communities throughout Central New Jersey achieve better land use and transportation planning.
Because Einstein’s Alley has succeeded in attracting so much interest and involving so many people, the initiative will become an independent non-profit organization in the coming months. As a result, the new organization will have the flexibility it needs to organize public events; develop a new website; attract entrepreneurs, businesses, and investors to Central New Jersey ; and promote policies favorable to innovation and entrepreneurship.
Joining Rep. Holt in Lawrenceville was Mr. Gary Rose, Chief of the New Jersey Office of Economic Growth and chair of the Governor’s Economic Growth Council. “ New Jersey has an impressive history of innovation,” said Rose. “In order to support and encourage continued innovation, the state must invest in technology-led economic development initiatives centered on the state's high-tech industries, state colleges and universities, and private research and development firms.”
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