New Jersey Institute of Technology's Enterprise Development Center
By Mike May

Working from his basement, Miguel Perez struggled to start Morpholytics. He wanted to connect companies with analytical problems with people who could solve them. To get Morpholytics moving, Perez needed help. "You need resources," he says. So he offered a summer of unpaid experience to a recent graduate from the New Jersey Institute of Technology (NJIT). When the apprentice used that experience to get a job, he suggested that Perez talk to NJIT's Enterprise Development Center (EDC). "I had no idea there was anything like that," Perez says, but the EDC soon set off a reaction that moved Perez from his basement to a 1,000-sq. ft. office.

The EDC, the oldest and largest incubator in...

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