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Right Up Einstein’s Alley
March 2019
Celebrating over a decade of helping make NJ the place
for high tech business success
News

Welcome New Einstein’s Alley Board Member

Dr. Nicholas V. Montalto

Dr. Nicholas V. Montalto brings more than 30 years of experience to his work as President of Diversity Dynamics. Manager, trainer, consultant, researcher, speaker and author,
Dr. Montalto has extensive knowledge of and contacts within America’s immigrant communities. He has designed and implemented creative solutions to address the policy challenges caused by America’s ever-changing diversity. He holds a Doctorate in American Immigrant and Ethnic History from the University of Minnesota, and served for 25 years as President and CEO of the International Institute of New Jersey. Certified as a consultant by the National Center for Cultural Competence at Georgetown University, Dr. Montalto has successfully completed consulting assignments with many public and private organizations. He has served as special adviser to the Program on Immigration and Democracy at Rutgers University, as chair of the Board of Directors of the New Jersey Immigration Policy Network, and as a member of the Hispanic Advisory Committee of the NJ Department of Human Services. An alumnus of Leadership New Jersey, Dr. Montalto has also served as President of the New Jersey Association for Lifelong Learning and Treasurer of the New Jersey Statewide Network for Cultural Competence.
He currently teaches U.S. Immigration History and Policy at Drexel University and Kean University.

Research Grant Announcement

Einstein’s Alley, in partnership with the Middlesex County Regional Chamber of Commerce, was selected to be a research sponsor for 2019 by the New American Economy as part of its Gateways for Growth Initiative. As part of this initiative, Middlesex County will be one of 14 sites around the country where research will be undertaken to explore the role of immigrants in the local economy. Once the research is completed, Einstein’s Alley and the Middlesex Chamber will host a public event to share the study findings.
This project is part of the development of the NJ Business Immigration Coalition.

$15 Minimum Wage Reached by 2024

What you need to know about when and how the $15 minimum wage will be implemented in New Jersey.
From Primepoint – New NJ Minimum Wage Law
NJ Spotlight article by former New Jersey state treasurer, Andrew Sidamon-Eristoff – Let’s Leverage New Minimum-Wage Law To Get Some Key Facts

Murphy Announces $2.8M in Apprenticeship Grants

With goal of hiring nearly 500 apprentices in the next year.
Since he began running for office, Gov. Phil Murphy has talked about building apprenticeship programs in New Jersey to help create more middle-class jobs in the state.
On Monday, he began to make good on that promise.
Murphy announced grant awards totaling $2.8 million to seven New Jersey businesses and higher education institutions for training programs. The hope is that they will employ 480 new apprentices within the next 12 months, starting them on a new career path.
By ROINJ Staff © 2019 ROINJ

College Graduates Often Need Help Landing the Right Job

Study shows 43 percent of graduates find work that leaves
them underemployed, a problem that can dog them well into their work lives.
With the overall unemployment rate reaching a 49-year low in December – and even lower for college graduates at 2.1% – the economy appears to be in good shape for those who are just setting out to launch their careers.
By Vince Marigna ©2019 NJSPOTLIGHT

The Secret History of Women in Coding

It’s clear Einstein’s Alley companies are hungry for talent. We know we need more women in STEM fields in 2019. Why aren’t there more already? 


As a teenager in Maryland in the 1950s, Mary Allen Wilkes had no plans to become a software pioneer – she dreamed of being a litigator. One day in junior high in 1950, though, her geography teacher surprised her with a comment: “Mary Allen, when you grow up, you should be a computer programmer!” Wilkes had no idea what a programmer was; she wasn’t even sure what a computer was. Relatively few Americans were. The first digital computers had been built barely a decade earlier at universities and in government labs. By the time she was graduating from Wellesley College in 1959, she knew her legal ambitions were out of reach. But Wilkes remembered her junior high school teacher’s suggestion.

©NYTimesMagazine By Clive Thompson Feb. 13, 2019

Hit the Accelerator: SOSV’s O’Sullivan shares history, and future,

of tech-centric Princeton VC firm

A fact that many don’t know, SOSV, one of the largest decentralized accelerator programs in the world is headquartered in Princeton.
Its founder and managing general partner, Sean O’Sullivan, identifies as a Princeton resident, engineer, inventor and “now, a venture capitalist.” O’Sullivan spoke recently at Startup Grind Princeton about his entrepreneur-ship journey and his investment philosophy. The conversation was moderated by Startup Grind organizer David Stengle.
By Esther Surden
Princeton | Feb 22, 2019 Tech Trends © 2019 ROINJ

Merck to Acquire Immune Design for $300 million

Kenilworth-based Merck and Immune Design announced on Thursday the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Immune Design in a deal worth approximately $300 million.
In a press release, Merck said Immune Design is a late-stage immunotherapy company that uses next-generation in vivo approaches to enable the body’s immune system to fight disease. The company’s proprietary technologies, GLAAS and ZVex, are engineered to activate the immune system’s natural ability to generate and/or expand antigen-specific cytotoxic immune cells to fight cancer and other chronic diseases.
By: Anthony Vecchione February 21, 2019
NJBiz ©2019 BridgeTower Media
Events

2019 Women Designing the Future Conference

RE-IMAGINING THE WORLD OF 2025
Artificial Intelligence / Robotics, E-Commerce &
The Future of Work / Cloning / Personalized Medical Technology
Cybersecurity & Nuclear Weapons
Network with Women Leaders who are DISRUPTING the Status Quo! – March 29 – 9:00 am to 3:00 pm NJIT CAMPUS CENTER Includes Continental breakfast. Buffet lunch. Complimentary
on-site parking.

The Future of Big Data:

Artificial Intelligence and Machine Learning

New Jersey Big Data Alliance’s
6th Annual Symposium
Thursday, April 5th, New Jersey City University
Join leading experts and practitioners.
Explore the impact and potential of Artificial Intelligence and Machine Learning in transforming business operations and driving new innovations.
Gain insights on cutting-edge research at New Jersey’s premier academic institutions.
Participate in relevant and valuable workshops
Network with industry, government, students, academic leaders and New Jersey Big Data Alliance members

American Conference on Diversity Humanitarian Awards Gala

More Upcoming Programs & Events

Einstein’s Alley Website: www.einsteinsalley.org

The Einstein’s Alley website is for you. Check the Directory section and see the companies listed that you need to know.

The website is also a great place for visibility for your company.  Contact kkish@einsteinsalley.org for information both on membership and on how to get a highlighted listing in the Directory. Or go directly to the website and download the form.

What is Einstein’s Alley?

 Einstein’s Alley collaborates and coordinates with academic institutions,  governmental and private sector organizations to grow NJ as a magnet for entrepreneurial activity and as a globally recognized talent powerhouse.