Establishes technology transfer assistance program in EDA.

This bill establishes a technology transfer assistance program within New Jersey's Economic Development Authority (EDA). It directly helps technology businesses (such as those in biotech, IT, or advanced materials) and academic institutions with state-funded research by facilitating the move of developed technology to commercial markets. Key mechanisms include conducting patent assessments, evaluating market potential, assisting with patent applications, and supporting license agreements for intellectual property. The EDA may partner with New Jersey colleges or universities to administer these services, and may charge fees or take ownership stakes in some cases. The program aims to bridge the gap between research and practical business applications.