Growth through Innovation and Workforce Development Wednesday, October 7, 2026 I 11:00 AM – 5:00 PM Rutgers University – Lifelong Learning Centre, New Brunswick, NJ 08901
India Goes Global – All day Conference in NJ 2000–2005 Supplier Diversity Focus Certification of Members Forge Partnerships with Corporations & Advocacy groups Business Expos Franchise Expos 2005–2010 Delegations to India with Cong. Frank Pallone Gujarat, Karnataka, Rajasthan Participate in PBD 2010–2015 2015–2020 Health & Wellness Expos Business Expos 2020–2024 2025 and beyond India Supplier Development Program Go Global with certification
cultivating global opportunities. Economic distinction, cultural harmony, and global impact. Be a trusted resource for relationship building Advocate for Inclusive Growth Share knowledge to promote best practices across industries Build effective global networks
Ilayas Quraishi Chetan Wattamwar Vice President Of Operations Vice President Of Growth & Strategy Committee Chair, Pr & Social Media Committee Chair, Event Management & Logisticss
Workforce Moderator Michelle Roers, LSW Senior Vice President of Strategies for ALICE: United In Care & United For ALICE at Work PANELISTS Angelica M. DiazMartinez, Psy.D Vice Chancellor, Division of Lifelong Learning and Innovation Dr. Nicol Nicola Director, Division of Economic & Demographic Research, Office of Research and Information Neha Kaul Oya I Tukel, Ph.D Shatabdi Sharma Automation & AI Technology Head Dean, Martin Tuchman School of Management Chief Information Officer
Business Growth Moderator Sundari Pai Luts Director of Responsible & Integrated Sourcing, Global Procurement COE PANELISTS Milind Buddhikot Chief Technology Officer (CTO), ECE NAM, Head of NDAC NJ Technology Center Raj Devalapalli President Ram Akella Sunith Roy Tai Cheng Executive Vice President - Innovation Impact EVP, CTO - Core Application Platforms Executive Managing Director, Head of Talent Acquisition
A New Jersey venture creation firm. We license promising therapies and health technologies, recruit the team, raise the capital and stay in the build as cofounders. Headquarters Princeton, NJ (Carnegie Center) Supplier snapshot Legal entity Syridex Bio, LLC Founded 2022 Contact [email protected] Focus Therapeutics, diagnostics and digital health for diseases that hit underserved communities hardest Portfolio 3 companies launched; a fourth in formation Team 100+ years of combined life sciences experience; deals valued at over $6B AICC Small Business Accelerator Summit | October 7, 2026 2
market Universities Large companies Founders Breakthrough discoveries sit in patent portfolios because no one is building a company around them Pharma and medtech have more promising, non-core programs than they can afford to develop Scientists often lack the team, regulatory strategy and investor network to turn a therapy into a company Syridex closes that gap. We license the science, build the company and recruit the people who run it. The result is new companies, new jobs and new treatments, built here in New Jersey. AICC Small Business Accelerator Summit | October 7, 2026 3
01 02 03 04 Source Diligence License & launch Build AI-assisted screening of university and corporate assets Independent scientific, regulatory and IP review; go / no-go Capital-light license, CEO recruited, company formed We stay on as co-founder, board member and operator through each raise Every asset must clear the same gates 24 months Strong IP 10+ years credible path to the clinic composition-of-matter patent of exclusivity after approval AICC Small Business Accelerator Summit | October 7, 2026 4
Jersey O PE RAT ING O P ER AT IN G INC O R PO RA T ED IN F O RMAT IO N Antigenix Therapeutics Qunova Health Lattara Therapeutics Immunology company Antibody-drug conjugates for triple-negative breast cancer AI platform helping Medicaid health plans find at-risk members and test interventions Neurodegenerative disease therapy licensed from the University of Pennsylvania Immune-tolerance platform for autoimmune disease from UNCChapel Hill $8M+ raised MVP complete Incorporated Option in negotiation Eli Lilly Catalyze 360 Led by a former health-plan CEO [confirm] Penn option signed NIH-funded research NJ Top 100 Innovation Company Seeking health-plan pilots Phase 1 targeted late 2027 AICC Small Business Accelerator Summit | October 7, 2026 5
with non-core science Health plans, health systems and providers Out-license or spin out a shelved program. We build the company; you keep upside without carrying the cost. Pilot our portfolio products. Qunova is looking for Medicaid health plan design partners now. Small businesses and suppliers Universities and economic development Every company we launch buys banking, insurance, legal, lab space, CRO and IT services. We want New Jersey suppliers. Bring us discoveries ready to leave the lab, and partner with us on non-dilutive funding and talent programs. AICC Small Business Accelerator Summit | October 7, 2026 6
jobs Each company we launch hires scientists, operators and regulatory talent, and we build here first. Talent pipeline Internships and early-career roles across our portfolio give students hands-on company-building experience. Health equity We prioritize diseases that disproportionately affect underserved communities, including many in New Jersey. Ecosystem partners Our goal Launch 10–20 companies over the next decade, with New Jersey as home base. We work with NJEDA, New Jersey universities and accelerators to keep companies and capital in the state. AICC Small Business Accelerator Summit | October 7, 2026 7
to business development teams with non-core programs Medicaid health plans and health systems interested in piloting Qunova New Jersey suppliers serving early-stage life sciences companies Mentors, interns and talent partners for our portfolio companies Squire Servance Managing Partner, Syridex Bio, LLC 300 Carnegie Center, Suite 150, Princeton, NJ 08540 (856) 261-4378 | [email protected] | www.syridexbio.com
a massive decoupling of productivity and wage growth. • Resulting in a 70% accumulated difference by the end of 2024. •Mostly benefiting equity holders rather than workers creating rising wealth and income inequality. 6
wealth held 50% of total household wealth. • The top 10% of households by wealth held 67% of total household wealth. • The bottom 50% of households by wealth held only 2.5% of total household wealth. Federal Reserve, 2025 7
paycheck to 1 paycheck. 2. The median net balance for people between 55 and 2 64 for retirement is $134,000. 3. 26% of retirees have higher expenses than expected.3 4. 43% of people are worried about outliving their retirement savings. 4 1. U.S. Census Bureau, 2023 2. Federal Reserve, 2023 3.EmployeeBenefitResearch Inst., 2023 4. SEC.gov. 2023 8
owns 50% of all stocks •The wealthiest 10% owns 93% of all stocks •However, the bottom 50% own just 1% of all stock Source: General Social Survey 2022 9
with $10+ million in revenue are privately held or family owned • 50%+ of U.S. business owners are over the age of50 • The transfer of ownership from these baby boomers will create a multi-trillion opportunity (est. >$5 trillion) over the next 20 years • Most of this wealth is held as stock in privately held companies 10
strategy 55% Need business advise on assessment of the business and available succession options. 70%+ are not aware of the option to sell to employees 20% - 50% are planning to close the business (Based on size of company) 11
• Fostering Collaboration and Teamwork • Upskilling and Reskilling Talent • Utilizing Data for Better Decision Making • Managing MultipleSources of Talent •Promoting Employee Ownership 12
broad-based employee ownership in the U.S. • A viable business succession tool for successful businesses • Qualified defined contribution retirement plan funded by the company governed by ERISA. • The ESOP purchases shares and holds in a trust • The trust allocates shares to employee ESOP accounts based on a formula each • year. Statutorily inclusive. 13
•$1.8 trillion total wealth •$180,292 average wealth per employee •$315,000 average wealth per employee with 10 years or more employment Source: Form 5500 Report 2022 15
ESOPS have 25% higher job growth than comparable companies (1) without an ESOP • Increased Productivity by 4% to 5% on average in the year an ESOP is adopted (1) • • (2) Over the last two major recessions : • • ESOPcompanies are25% morelikely to stay in business Employee-owners were 4x less likely to be laid off Adopting an ESOP is associated with a 10.7% increase in productivity (3) 1. Kruse, D. 2022. IZW World of Labor Report 2. Kurtulus, F. and Kruse, D. 2017. Upjohn Institute of Employment Research 3. Rutgers Institute for the Study of Employee Ownership and Profit Sharing. 2025. 16
can offer significant tax advantages, such as the ability to defer capital gains taxes under certain conditions. • 100% ESOP owned S Corp does not pay federal income taxes. • Under IRC 404(k), enables selling shareholders of a C corporation to defer or eliminate income taxes on the sale – if reinvest proceeds into Qualified Replacement Property. Our Expertise is Valuation
up to 90% of each interested business’s Feasibility Study Services, not to exceed $35,000 per business. • Feasibility Study Services are defined as “tasks that may include, but may not be limited to, the analysis of a business’ earnings with interest, taxes, depreciation, and amortization added back in (EBITDA), management team structure, structure and number of employees, value of a company, existing employee benefits, transaction structure, and any tasks that may be necessary to execute to assist a business in achieving the optimal metrics for an ESOP transition. • In the end, businesses will walk away with an assessment of their candidacy for transitioning into an ESOP and recommendations of how to proceed with the transition. 18
seller with an estimate of the value that is likely to be achievable in the sale of the company. • The ESOP feasibility study analyzes alternative financing scenarios of the transaction and presents the option that best meets the needs of the seller and the company. • The ESOP feasibility study quantifies the financial impact of the ESOP to key management and employees. • NJEDA Approved Contractors ➢ Onyx Partners Group ➢ Lazear Capital Partners 19
• Must employ at least 20 full-time employees, evidencedbyacurrentNJWR30and/orNJ927 • form. • The business must complete a program Businesses must be in good standing with NJ application and submit all necessary agencies and provide a current business tax documentation at time of approval. clearance form. 20
NJEDA Staff Issues Determination and Provides Contractor Business Contact Information Contractor Contacts Applicant for an Introductory Meeting Contractor Generates Proposal for Client Approval NJEDA Staff Issues Project Approval Vendor Provides Feasibility Study Services and Submits Documentation to NJEDA with Invoice of Services NJEDA Staff Confirms Completeness and Client Satisfaction 21
in-person courses conferences Annual and research and business Home of the Institute for the Study of Employee Ownership and Profit Sharing •Largest employee ownership research operation in the world •250+ research fellows •Federal and State policy analysis Website: ownership.rutgers.edu Email: [email protected] 23