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Business Attraction Program

Audible has recently welcomed four new minority-owned businesses into its Newark, NJ-based Business Attraction Program.  The initiative, launched in August 2023, aims to bolster the local economy by supporting startups through financial backing and expert mentorship.  Empowering Diverse Founders The focus on minority-owned companies, especially those led by Black women, comes at an important time.  Nationally, Black-owned businesses receive one percent of venture funding.  Audible’s program seeks to change this disparity by offering each company up to substantial non-dilutive grants of $250,000.  These funds are allocated for office space, relocation, and local