Story perspectives

16 Entrepreneurs Graduate from Newark's Economic Boost Program

1/23/2025

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Summary

Story summary

Invest Newark celebrated the graduation of 16 small business owners from its Executive Business Accelerator Program.
Participants included 19% Hispanic or Latino, 81% Black or African American, and 70% women-owned businesses.
The seven-month program provided training in strategic planning, marketing, and financial management.
Mayor Ras Baraka highlighted the program's importance in boosting Newark's economy.
Since 2020, over 60 CEOs have joined, with 76% reporting revenue growth.

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Story summary

Invest Newark celebrated the graduation of 16 small business owners from its Executive Business Accelerator Program.
Participants included 19% Hispanic or Latino, 81% Black or African American, and 70% women-owned businesses.
The seven-month program provided training in strategic planning, marketing, and financial management.
Mayor Ras Baraka highlighted the program's importance in boosting Newark's economy.
Since 2020, over 60 CEOs have joined, with 76% reporting revenue growth.