Overview

The BEST Institute

The Best and the Brightest

The Rutgers Business, Engineering, Science and Technology (BEST) Institute is an interdisciplinary enterprise which provides an educational and training service through the commercialization of Rutgers' Intellectual Property (IP).

The need for the BEST Institute has been driven by:

• Persistent demand for commercialization of the IP stream   generated by world class research performed on Rutgers University campuses,
• Strong demand for entrepreneurial education and training from a talented pool of undergraduate and graduate students with diverse educational backgrounds eager to learn and participate in IP commercialization,
• The need for development of new business sectors to enhance job creation at local, state, regional and national levels.

The BEST Institute is a self-supporting organization funded by donors, investors and revenues from its activities. The BEST Mission is twofold: to facilitate and accelerate the commercialization of Rutgers University Intellectual Property (IP), and to educate and train students and faculty through hands-on entrepreneurial activities that span the gamut of IP commercialization (from lab to marketplace).

The vehicles for implementing the BEST Institute's economic mission are the Business, Innovation and Simulation (BIS) Lab and two equity funds: the BEST Start Fund and the BEST Growth Fund. Both the lab and the funds are administered by committees of faculty and corporate experts appointed by the Dean of Rutgers University Business School,  the Rutgers University Vice President of Research, and the BEST Institute Director.