The Foundation of UMDNJ is affiliated with New Jersey Health Foundation, its parent company, and Foundation Venture Capital Group, LLC.
New Jersey Health Foundation (NJHF) is a not-for-profit corporation supporting excellence in the state of New Jersey in the areas of biomedical research, education, health and human services. For more information, visit www.njhealthfoundation.org.
Foundation Venture Capital Group was established in 2006 by New Jersey Health Foundation as a venture firm to invest in emerging medical research and technology being developed by new life science companies affiliated with UMDNJ faculty scientists. To date, FVCG has invested up to $500,000 in each of seven companies that license UMDNJ technology. Interest in one of those companies has already been sold, resulting in a substantial return on investment after only 18 months. For more information, visit www.foundationventure.com.