Invest Newark

About Invest Newark

Invest Newark is the city of Newark's Economic Development Corporation, dedicated to propelling the city's strong and diverse economy, building vibrant communities, and creating opportunities for all Newarkers.

Products & Services

Business Development Programs:Includes services like connections, education, exposure, and capital access through programs such as the Language of Capital and Executive Business Accelerator to support local entrepreneurs and businesses.

Newark Navigator Service:A service to assist businesses with navigating resources and opportunities in Newark.

Urban Enterprise Zone:Support for businesses within designated zones to stimulate economic growth.

Newark Land Bank:A program to manage and redevelop vacant or underutilized properties in Newark.

Newark Fiber:Initiative focused on providing high-speed internet infrastructure to support businesses and communities.

Specialties

Business Development Community Building Economic Opportunity Creation Urban Redevelopment High-Speed Internet Infrastructure

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 2300000 MR: - FA: 2.3 million FAN: 2300000	D: 2024-03-01 FD: 2024-03-01	2 investors

Grant Latest

2024-03-01

$2.3M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Marcus Randolph

President & Chief Executive Officer

M

Marcus T. Randolph

President & Chief Executive Officer

K

Kevin Collins

Chief Financial Officer

A

Andrea Mason

Business Operations Officer

J

Jeet Gulati

General Counsel

T

Therone Hopkins

Chief Lending Officer

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Recent News

Invest Newark Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised