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Murphy proposes to triple funding for Commission on Science Innovation and Technology ROI NJ

Gunjan Doshi, the chair of the state’s Commission on Science, Innovation and Technology, was thrilled when he heard the news. Included in the budget proposal Gov. Phil Murphy announced Tuesday was a substantial increase in funding for CSIT.

Murphy, who has pushed STEM and innovation since the campaign trail, is proposing to increase funding allocated to CSIT to $3 million, up from $1 million last year.

“Gov. Murphy has positioned CSIT as a hub of support for the state’s innovation sector, and his proposed budget confirms his continued commitment to a bustling innovation economy ripe with opportunity,” Doshi said. “We thank the governor for this proposed increase in funding, which will enable us to expand our efforts to promote the state as a home for academic and industry research, and as fertile ground for entrepreneurs and young companies seeking top talent.”

Image: Governor's Office/Edwin J. Torres Gov. Phil Murphy delivers his fiscal 2021 budget address.