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Establishes "Artificial Intelligence Innovation Partnership"; provides funding for certain nonprofit partnerships to promote certain emerging technology businesses.
Establishes AI Innovation Partnership to fund and promote AI tech businesses in NJ.
If you operate an AI tech business in NJ, you may access funding and support through new partnerships.
What do these statuses mean? ▼
Affected Industries
What This Means
The New Jersey bill S4253 aims to foster the growth of AI technology businesses by establishing the 'Artificial Intelligence Innovation Partnership.' This initiative will provide funding and create collaborative ecosystems involving nonprofits, educational institutions, and emerging AI businesses. The bill highlights the importance of AI in various sectors and seeks to promote diversity and innovation within the industry.
Key Provisions
- Establishes the Artificial Intelligence Innovation Partnership.
- Provides funding for AI technology businesses.
- Focuses on regional AI technology sectors.
- Promotes diversity in AI business leadership.
- Allows the commission to certify or establish nonprofit partners.
Latest Legislative Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
Bill Sponsors
| Name | Role | District |
|---|---|---|
| Andrew Zwicker D | Sponsor | SD-016 |
| Angela Mcknight D | Sponsor | SD-031 |
Compliance Checklist
Who: Nonprofit organizations in NJ
Deadline: Rolling basis
Who: Certified nonprofit partners
Deadline: Ongoing
Related & Companion Bills
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Affected Industries
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