What is Newark proposing?
The City of Newark is looking to activate local contractors in order to capitalize on historic development activity and reduce the number of Newark residents living in poverty by half. Participation in the City Accelerator will allow Newark to build cutting-edge data and analytics capacity to enhance the development of minority businesses in the city, as well as measure and track their performance. By making this data available to the stakeholder community of businesses, education and medical institutions, clergy, philanthropies and workforce development agencies, the city will catalyze efforts to drive down poverty and strengthen the city’s economy. Lessons from the cohort could include best practices in developing the capacity of local minority contractors to participate in the procurement processes within and beyond the government sector.
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For a detailed description of the mission and purpose of the City Accelerator’s cohort on Procurement for Inclusive Economic Opportunity, click here,
Public response is one of several criteria being used by the City Accelerator to select cohort cities. The number of ratings or comments by themselves do not determine final status or selection.
