Lagana, Vainieri Huttle, Zwicker, Benson, Sumter & McKnight Bill to Support STEM Entrepreneurs Clears Assembly Panel
(TRENTON) – Legislation sponsored by Assembly Democrats Joseph Lagana, Valerie Vainieri Huttle, Andrew Zwicker, Dan Benson, Shavonda Sumter and Angela McKnight to help strengthen New Jersey’s economy by encouraging entrepreneurship in science, technology, engineering and mathematics (STEM) was released Thursday by an Assembly committee.
“In order to succeed in a 21st-century global economy we must cultivate cutting-edge innovation in health care, engineering, information technology and various other STEM-related areas,” said Lagana (D-Bergen/Passaic). “This legislation is about making sure that our state’s best and brightest have access to the resources they need to build on the ideas that will move us forward.”
“The STEM fields represent the future of New Jersey,” said Vainieri Huttle (D-Bergen). “Supporting men and women in these in-demand sectors will empower them not only to advance their own careers but also to create high-paying jobs and strengthen our economy.”
Positions in science, technology, engineering, and math (STEM) are in demand and often pay well. The US Bureau of Labor Statistics lists the average wage for all STEM occupations at $85,570, nearly double the average for all occupations, $47,230. Labor forecasts predict more than 200,000 New Jersey jobs in STEM fields must be filled by 2025. The sponsors believe it is particularly important for the state to be proactive about supporting employment in STEM fields because the Trump Administration is proposing to cut several sources of funding for STEM education.Read more