The New Jersey Institute of Technology receives Transformative

Newark, NJ, Oct. 25, 2022 (GLOBE NEWSWIRE) — Pioneering venture capitalist John Martinson is donating $3 million to the New Jersey Institute of Technology to expand and deepen the curriculum and hands-on experience for top scholars at the Albert Dorman Honors College and in the entire university.

The single greatest gift in ADHC’s 27 years will allow the college to add two new educational pathways; Tripled the number of grantees in the Honors Summer Research Institute; more than twice as many scientists studying abroad; add internships and cooperative educational experiences; to restructure its course offerings; and create new opportunities for faculty affiliations in college, according to ADHC Dean Louis Hamilton.

The transformative donation will benefit approximately 650 Albert Dorman Honors Scholars, as well as the nearly 300 Dean’s Scholars at the university’s five other colleges – outstanding students who excel academically, volunteer locally and are poised to become America’s future leaders.

“The new or enhanced activities and initiatives made possible by this extraordinarily generous commitment will expand Albert Dorman Honors College’s ability to develop in all of its students the scholarly knowledge, technical skills, and personal skills and attributes that they… making thoughtful, conscientious and civic-minded STEM leaders for the 21st centurySt Century,” said NJIT President Teik C. Lim.

Martinson is Chairman of Martinson Ventures, which has funded and directed more than 50 private companies, primarily in the software and technology sectors, with total investments ranging from $2 million to $5 million. Earlier in his career, he founded Edison Partners, which invested more than $2 billion in 230 companies and completed 180 exits. Martinson is also a co-founder of the New Jersey Technology Council and the New Jersey Venture Fair.

NJIT recognized Martinson’s achievements in 2000 with an Entrepreneurial Leadership Award. He then became a major donor, investing a total of $835,000 across three NJIT initiatives: his Computing Education Program, his Institute for Teaching Excellence, and [email protected], short for Virtual, Immersive, Technologically Augmented Learning. These gifts came under the direction of past Presidents Joel S. Bloom (Founding Dean of ADHC) and Saul K. Fenster, and under the direction of former Provost Fadi P. Deek.

Martinson’s recent donation reflects his belief in the value of honors colleges, the quality of education at NJIT and the success of the programs he supports.

“What impresses me is that the NJIT is growing in size and national standing,” said Martinson, who earned a bachelor’s degree in aeronautical engineering from the US Air Force Academy, a master’s degree in astronautics from Purdue University, and an MBA from the Southern Illinois University owns. “I am enthusiastic about the progress, transformation and vision of the university.”

“I’ve attended over 20 honors colleges and Dorman is among the best I’ve seen,” added Martinson. “It’s a way of attracting the best students to local institutions. And that top 10 percent become leaders on campus and after graduation.”

Faculty from across the NJIT teach and mentor Dorman Scholars and will continue to do so even as the college builds new levels of affiliation with faculty from across campus and offers new resources to support faculty. As the college adds new majors in Global Studies and Interdisciplinary Digital Studies, it will be looking for faculty with experience in Data Visualization and Digital Studies, Global Studies and Service Learning.

In short, Martinson’s donation will help ADHC achieve the key priorities of its strategic plan, and for that Dean Hamilton is deeply grateful.

“NJIT offers its students an incredibly powerful, transformative education. This gift enables Dorman College to take this transformational NJIT education to another level: Honors curriculum is designed to accelerate our grantees’ journey to becoming leaders in their professions and communities who understand and care about society. This gift invests in scholars and faculty alike to bring high-impact educational practices and experiential learning to honors tracks and courses,” Hamilton said.

“These honors curricula will certainly increase the number and strength of NJIT applications for prestigious fellowships and graduate schools, and make our alumni even more valuable in the workforce. Most importantly, they will empower our grantees to use their technical education to be the leaders of positive change in the world.”

In recognition of Martinson’s generosity, the NJIT will name his Warren Street Honors Hall John Martinson Honors Residence Hall. The official inauguration will take place in the spring semester of 2023.

About the New Jersey Institute of Technology
One of only 35 polytechnics in the United States, the New Jersey Institute of Technology (NJIT) is a Carnegie R1 (Elite) research university that offers more than 125 undergraduate and graduate programs and fuels economic growth while students be prepared to become leaders in the technology-dependent economy of the 21st century. NJIT is a catalyst for applied research and innovation that improves life and fuels economic growth. Ranked 14th in the nation on Money’s Best Colleges list, NJIT also ranks among the top 100 colleges and universities in the nation for median earnings of its graduates, according to PayScale.com. NJIT is ranked #33 Best Value College nationally by The Princeton Review and ranked among the top 50 public national universities and the top 100 overall by US News & World Report.

  • John Martinson

  • NJIT Honors Residence

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