Black women business founders are encouraged to apply to the program.
The company wants to provide opportunities to business owners who are less likely to gain access to financial support and mentorship. With Black-owned companies receiving one percent of venture funding nationally, Audible encourages Black women business founders to apply for the program.
“Our Business Attraction Program is a scalable model to drive economic growth and can be adopted by other companies seeking to make a tangible impact in the cities they call home. Our startup support efforts are leading the way in the city’s revitalization by thoughtfully and equitably growing the tech ecosystem, elevating diverse founders, and supporting the local economy,” said Aisha Glover, global head of urban innovation at Audible, in a press release.
Other members of the program include tech-based companies pockstock, ABF Creative, Gymble, and Fitnescity. Food and entertainment companies include BLVD Bistro, an offspring of the famous Harlem-based soul food restaurant, and Newark Culture Club, a cocktail bar and entertainment venue.
Source: Black Enterprise
