TRENTON – The Assembly Commerce and economic Development Committee unanimously passed A4094, a bill that creates the New Jersey Life Science Internship Challenge Program.
Assemblyman Daniel Benson, (D-14), of Hamilton said today the program will give young people important work experience through paid internship and would help small companies. The internship would last a maximum 12 weeks and no more than 150 interns a year could be part of the program. Interns could receive as much as $15 an hour.
Benson said the program could help stem “brain drain” in the state.
Representatives from BIO NJ told the committee Monday they support the initiative, saying it will help develop the workforce for a growing field and help preserve the state’s reputation as the “medicine chest of the world.”
They said the state currently has 320 biotechnology companies.