Newark Venture Partners Welcomes Spring Accelerator Class

Newark Venture Partners, the venture capital fund and accelerator Don founded, recently welcomed its second class of entrepreneurs with exciting, distinctive businesses covering a range of sectors.

More than 70 founders and employees are now working in the 25,000-square-foot ultra-bandwidth accelerator on the seventh floor of the building Audible shares with Rutgers Business School. And 260 Audible employees with advanced skills across dozens of subject domains are on call to take the elevator down to coach the companies.

The first two classes have attracted more than 1,000 applications from across the country — including the Bay Area, Raleigh, N.C. and Washington, D.C. — and even London. NVP is focused on bringing early-stage companies to Newark to catalyze the city’s tech ecosystem and create jobs and taxable revenue.

One of the new companies, Envested, which engages employees by connecting them to volunteer opportunities, was recently named in Inc.’s “30 Under 30.”