Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Choose NJ’s RFP Watch

Choose New Jersey’s RFP Watch provides up-to-date information on business opportunities throughout the Garden State at a cost that is affordable for all companies – with a place of business in New Jersey – large and small.

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Business Development

VENDORS EVENT: HINJ and Somerset County Business Partnership to Host 2017 Life Sciences Vendors Procurement Conference on November 2

New Brunswick, NJ, October 25, 2017 — The HealthCare Institute of New Jersey’s (HINJ) annual Life Sciences Vendors Procurement Conference is scheduled for Thursday, November 2 from 8:00 to 11:30 a.m. at Raritan Valley Community College, Route 28 and Lamington Road, North Branch, NJ.

The event — entitled “How to Do Business with Pharma and Medical Technology Companies” — will be co-sponsored by the Somerset County Business Partnership (SCBP) with support from Eli Lilly and Company and Allergan.

Senator Kip Bateman (R-Somerset) will be the special guest speaker at the event that aims to educate businesses, large and small, on trends in procurement and issues of importance to the industry. Continue reading

Event: Morris County Economic Development Corp. to Host Innovation Forum on November 3; Barclays Chief Innovation Officer to Keynote

Florham Park, NJ, October 25, 2017 — The Morris County Economic Development Corporation will hold its first Annual Innovation Forum on Wednesday, Friday, November 3, 2017 at the Sheraton Parsippany located at 199 Smith Rd, Parsippany, NJ.

The keynote speaker will be John Stecher, Chief Innovation Officer at Barclays.  He will speak about how he manages the process of innovation and change management within his organization.

Attendees will learn how companies in Morris County are innovating to drive business growth and providing value to customers.  They also will learn how to apply these strategies to their business and share innovative approaches your company is taking. Continue reading

Rutgers’ Business Portal Aims to Serve Innovation-Driven Corporate Community

New Brunswick, NJ, September 6, 20117 ― Rutgers University’s Corporate Engagement Team in 2015 launched a completely new version of its Business Portal, a website designed in consultation with industry leaders to serve New Jersey’s corporate community.

Rutgers’ new Business Portal offers users easy access to four key areas — research, technology licensing, professional development and recruiting — and provides two robust internal search functions and clear pathways to Rutgers’ Corporate Engagement Team, Office of Research Commercialization and Rutgers Translational Sciences. Continue reading

NJ Economic Development Authority Launches NJ CoVest Fund to Provide Seed Capital to Early Stage Companies

Trenton, NJ, September 4, 2017 — Emerging technology and life sciences companies can now apply for seed capital through the new NJ CoVest Fund, offered by the New Jersey Economic Development Authority (EDA).

The NJ CoVest Fund is designed to fill the funding gap that occurs between product development and commercial operation expansion, while at the same time helping New Jersey companies thrive and compete in the global marketplace.

The online application is available at www.njeda.com/njcovest. Continue reading

NJ EDA to Make Additional Lab Space Available for State’s Biotechnology Companies

Trenton, NJ, August 31, 2017 — The New Jersey Economic Development Authority (EDA) on August 17 announced it will again expand its successful incubator program with the creation of the Biotechnology Development Center (BDC) on the 50-acre Technology Centre of New Jersey research park in North Brunswick.

The BDC will offer suites of intermediate lab and office space from 3,400 to 10,000 square feet for emerging life sciences companies including those that have outgrown incubator space and other early stage companies looking to expand.

More than 32,600 square feet of new space is now available at the BDC. Continue reading

NJ Economic Development Authority Board Takes Action to Drive Pharmaceutical Manufacturing Growth

Trenton, NJ, August 13, 2017 — The Board of the New Jersey Economic Development Authority (EDA) took action on August 8 that will help advance one of the key legislative objectives of the Economic Opportunity Act (EOA) — driving growth in targeted industries.

Potential investment in the manufacturing sector was highlighted at EDA Board meeting, as three manufacturers of pharmaceutical products were approved for Grow New Jersey (Grow NJ) tax credits to either locate or expand in New Jersey.

Grow NJ is the main job creation and retention program administered under the EOA. Continue reading

Choose New Jersey CEO Michele Brown: ‘Access to Lab Space, Funding and Partners Help Biotech Companies Grow in Garden State’

Michele Brown (Photo: NJBIZ/Aaron Houston)

Trenton, NJ, August 1, 2017Choose New Jersey, Inc. led a delegation representing more than 20 New Jersey organizations — including top life sciences companies, universities, trade associations, state officials — as it showcased New Jersey’s assets and resources for biotechnology companies at BIO International 2017, which was June 19-22 in San Diego, California. 

Prior to the BIO event, Choose New Jersey President and Chief Executive Officer Michele Brown in June wrote:

When Hurel Corporation outgrew its incubator space at the Commercialization Center for Innovative Technologies (CCIT) in North Brunswick, New Jersey in 2016, it marked an important milestone for the biotechnology company. Continue reading

Center for Venture Research New Report: Angel Dollars and Deals Down in 2016

Durham, NH, June 22, 2017 — The angel investor market in 2016 experienced a decrease in investment dollars and deal size, according to a new report from the Center for Venture Research (CVR) at the University of New Hampshire.

CVR researchers found that total investments were $21.3 billion in 2016, a decrease of 13.5 percent from 2015.

In 2016, a total of 64,380 startups and other entrepreneurial ventures received angel funding – a decline of 9.5 percent from 2016.  Continue reading

NJ EDA to Fill Market Need for Seed-Stage Capital Through NJ CoVest Fund; Aims to Help New Innovative Tech and Life Science Companies Thrive

Trenton, NJ, April 18, 2017 — The New Jersey Economic Development Authority (EDA) on April 13 announced the creation of the NJ CoVest Fund, which will provide growth capital to early-stage technology and life sciences companies, driving up to $9 million in investment.

The NJ CoVest Fund will fill a market need in New Jersey, ensuring the availability of capital at a company’s critical stage between product development and commercial operation expansion, where limited funds are currently available and a funding gap exists. Continue reading

Surge of NJEDA Approvals Closes Out Active 2016 for State’s Angel Investor Tax Credit Program

Trenton, NJ, February 28, 2017 — The New Jersey Economic Development Authority (EDA) recently announced the approval of a record-breaking 251 applications through the state’s Angel Investor Tax Credit Program in 2016, representing the injection of more than $96 million in private capital into technology and life sciences companies throughout the Garden State.

In the fourth quarter of 2016 alone, the EDA approved 198 applications. Continue reading