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NJIT receives $1.5M grant to fund research institute

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The Henry and Erna Leir Research Institute for Business, Technology and Society will conduct business and management research and establish partnerships among the academic and business communities.
The Henry and Erna Leir Research Institute for Business, Technology and Society will conduct business and management research and establish partnerships among the academic and business communities. - ()

The New Jersey Institute of Technology has received a $1.5 million grant from the Leir Charitable Foundations to start the Henry and Erna Leir Research Institute for Business, Technology and Society.

NJIT said the purpose of the research institute is to conduct business and management research and to establish partnerships with academic and business communities, regional economic leaders and government agencies.

It will also “develop predictive and proactive data analytics embedded within cognitive business and management tools” and “develop metrics to help companies measure their own sustainability,” the institute said.

The grant will also support annual research symposia and fellowships for graduate students and distinguished faculty.

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David Hutter

David Hutter


David Hutter grew up in Darien, Conn., and covers higher education, transportation and manufacturing for NJBIZ. He can be reached at dhutter@njbiz.com.

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