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Solutions from Rutgers: New Jersey’s Partner for a Strong Economy. 2009. Solutions: Rutgers Stimulates the Economy. State’s investment brings significant returns . 6:1 — Rutgers returns more than six times the state’s investment

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solutions rutgers stimulates the economy
Solutions: Rutgers Stimulates the Economy

State’s investment brings significant returns

  • 6:1 — Rutgers returns more than six times the state’s investment
  • $691.5 million — Rutgers revenue from sources outside New Jersey
  • $120.9 million — Record-breaking private giving to Rutgers for 2007–2008
solutions source of state and local revenue
Solutions: Source of State and Local Revenue

Rutgers contributes to New Jersey’s tax and credit base

  • 35,000: Number of tax-paying New Jerseyans employed directly or indirectly by Rutgers
  • $100 million: Contribution to New Jersey’s local and state tax bases by Rutgers faculty, staff, students, and visitors
  • $1.3 billion: Contribution to New Jersey’s credit base through payroll, endowment and investments, and retirement funds
solutions investing in capital construction
Solutions: Investing in Capital Construction

Construction projects to bring 5,000 jobs to New Jersey

  • $500 million building program is expected to create 5,000 jobs through 2011
  • Rutgers’ strong credit rating attracts investors
  • More than 20 new projects will provide state-of-the-art academic and student-life facilities
solutions investing in our hometowns
Solutions: Investing in Our Hometowns

New facilities provide an economic boost

  • New Brunswick
    • Barnes & Noble at Rutgers Superstore
    • College of Nursing
  • Piscataway
    • Solar Energy Farm, the largest in New Jersey
    • Rutgers Stadium
solutions investing in our hometowns1
Solutions: Investing in Our Hometowns

New facilities provide an economic boost

  • Camden
    • $37 million School of Law expansion
    • Eldridge R. Johnson Park restoration
  • Newark
    • Rutgers Business School
    • University Square residence hall
solutions preparing the workforce
Solutions: Preparing the Workforce

Supplying highly skilled, well-educated employees

  • More than 108,400 graduates in the past 10 years
  • Rutgers ranked 6th nationally in the Wall Street Journal SmartMoney magazine return on investment survey of college costs versus salaries earned by graduates
  • Continuous education keeps workers

competitive, providing new knowledge

and skills to 45,000 individuals each year

  • Rutgers Career Services helps put

New Jersey to work, hosting multiple

career fairs throughout the year

solutions alumni impact
Solutions: Alumni Impact

Some 200,000 alumni contribute to the state’s tax base

Alumni return the state’s investment in their education, paying:

  • $172 million in state sales tax
  • $624 million in state income tax
  • $969 million in local property tax
solutions rutgers research and development
Solutions: Rutgers Research and Development

Home to the state’s most extensive and diversified

research laboratories

  • $327.2 million in research grants and contracts in 2008
  • $211 million in federal research and contract funding in 2008
  • New Jersey is one of seven states that together account for half of all U.S. R&D activities
solutions technology commercialization
Solutions: Technology Commercialization

Bringing Rutgers ideas, inventions, and discoveries into the marketplace

  • $8.4 million in royalty income in 2008, places Rutgers in the top five American universities without medical schools
  • Among the top 10 universities in the nation for inventions, with 96 options and licenses signed in 2008
  • 94 invention disclosures and 36 U.S. patents in 2008
  • Over 60 spin-off companies with more than two-thirds in New Jersey
solutions new enterprise and small business
Solutions: New Enterprise and Small Business

Business advice and consulting services for emerging companies across New Jersey

  • Rutgers’ New Jersey Small Business Development Centers
    • 879 clients started businesses in 2008
    • 12,000 jobs were created or retained in 2008
  • Rutgers–Camden Business Incubator
    • Averages 41 tenants with a total of

more than 225 employees

    • Nurtured 15 “graduates” that now employ

more than 160 people in New Jersey and

have a combined payroll exceeding $8 million

solutions technology expertise for business
Solutions: Technology Expertise for Business

Technical assistance in developing new products

  • Food Innovations Center
    • Worked with more than 1,000 companies

since 2001

  • Rutgers’ EcoComplex
    • 125 New Jersey “green startup” jobs
    • $22.5 in revenue generated by tenant companies
solutions economic analysis and forecasting
Solutions: Economic Analysis and Forecasting

Objective, authoritative data and policy analysis for government and industry

  • Rutgers Regional Report: State and

regional economic and demographic

assessments by expert state economists

Joseph J. Seneca and James W. Hughes

  • Sitar-Rutgers Regional Report: Employment and office market trends in northern and central New Jersey
  • Quarterly Business Outlook: South Jersey’s periodic barometer of the health of the region’s economy
solutions serving new jersey
Solutions: Serving New Jersey

A resource for communities throughout the state

  • 16,000 state and local officials and employees receive training in planning, public works, finance, and more each year
  • Nearly 102,000 New Jersey residents participated in Rutgers Cooperative Extension programs in 2008
  • Since its launch in fall 2008, Rutgers Against Hunger has collected more than 20 tons of food for New Jersey food banks and raised nearly $49,000
solutions serving new jersey1
Solutions: Serving New Jersey

A culture of service and volunteerism

  • School of Law–Camden students provide approximately 30,000 hours of free legal advice and services annually
  • Students provide hundreds of hours of community service and raise significant funds through philanthropic events, including $1.3 million over the past 11 years through the annual dance marathon
solutions people in every county
Solutions: People in Every County

Rutgers alumni, student, faculty, and staff come from and contribute to all 21 New Jersey counties

rutgers the state university of new jersey
Rutgers, The State University of New Jersey

To learn more about Rutgers’ economic impact, visit rutgers.edu

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