Bank of America contributes $1M to Liberty Science Centers’s SciTech Scity


Liberty Science Center has announced that Bank of America will become a corporate partner in the SciTech Scity project, after committing $1 million to the effort.

SciTech Scity is a a 30-acre innovation campus that aims to develop dozens of world-changing science and technology companies, as well as revamp K-12 educational standards at Liberty Science Center.

The $280 million SciTech Scity project will feature a biotech lab, a coding lab, a technology business incubator, a K-12 STEM-focused school, as well as a village with residential housing and outdoor park space.

In addition to its monetary donation, Bank of America is also is providing SciTech Scity with its leadership expertise. Sumeet Chabria, the head of global business services at Bank of America, will join the project’s board of trustees. Bank of America joins EY and Verizon as founding corporate sponsors of SciTech Scity.

Other anchor sponsors include the city of Jersey City; Joseph and Millie Williams; LSC board co-Chair David Barry; and former U.S. Rep. Frank J. Guarini.

The first phase of SciTech Scity, on a path to open in late 2022 or 2023, includes the following new construction projects:

  • Edge Works: the economic and creative hub for SciTech Scity, offering a variety of scalable workspaces, an advanced prototyping lab, custom labs, meeting spaces, and a state-of-the-art conference center
  • Scholars Village: a mixed use residential offering permanent housing (Studio-2BR) and student housing (for local university students in STEM), each equipped with the latest in smart home technology and sustainable living.
  • Public Commons: 5-acre outdoor park with activations that encourage exploration, creativity, collaboration and innovation. An events plaza for concerts, farmers markets, art exhibitions and food-truck festivals.

Subsequent phases of SciTech Scity will include expanded incubation space, a science-focused public school and other facilities to drive STEM innovation and job creation.

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