Newark-based The New Jersey Innovation Institute (NJII), an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners, has formed a collaboration agreement with Trivariance I/O, the innovation and R&D arm of the Trivariance Holding group, a multinational corporation that develops and promotes sustainable technology solutions in existing or newly created markets.
The two firms will create a bridge of collaboration between Europe and the U.S. to enhance out-reach capabilities, business and technology development. The partnership will afford NJII access to companies and academic resources in Italy and Trivariance I/O will gain access to NJII’s core staff, university partners and economic development resources. Trivariance I/O has established an Innovation Lab in Schio, Italy, called Fabbrica Saccardo.
Donald Sebastian, president of NJII commented, “We are excited about our collaboration with Trivariance and the opportunity to form partnerships in a region with an international reputation for design excellence and a commitment to manufacturing. This increased interaction between academia, government and market industry in Europe and the U.S. represents a new framework for innovation.”
Sebastian continued, “NJII brings extensive resources to Trivariance that include research, innovation acceleration, international business incubation and the assets of all of our partners. Newark Airport will serve as our international hub, offering quick and convenient travel to our offices and direct access to business capitals throughout the globe.”
Trivariance Founder and Managing Partner Claudio Corrente added, “We are delighted to join NJII in the pursuit of innovation … a process that knows no geographic boundaries as it leads us to the future. The collaboration between NJII and Trivariance is designed to deliver global reach and local value and is in itself an example of an exciting and innovative approach to business partnership and economic development.”Related Articles: