{"id":736,"date":"2018-06-08T20:14:56","date_gmt":"2018-06-08T20:14:56","guid":{"rendered":"http:\/\/newarkspeaks.com\/?p=736"},"modified":"2018-07-07T17:41:11","modified_gmt":"2018-07-07T17:41:11","slug":"co-working-space-launch-pad-newark-hosts-ribbon-cutting-with-mayor-ras-baraka","status":"publish","type":"post","link":"https:\/\/newarkspeaks.com\/index.php\/2018\/06\/08\/co-working-space-launch-pad-newark-hosts-ribbon-cutting-with-mayor-ras-baraka\/","title":{"rendered":"Co-working Space Launch Pad Newark Hosts Ribbon Cutting with Mayor Ras Baraka"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-737\" src=\"http:\/\/newarkspeaks.com\/wp-content\/uploads\/2018\/06\/Co-working-Space-Launch-Pad-Newark-Hosts-Ribbon-Cutting-with-Mayor-Ras-Baraka.jpg\" alt=\"\" width=\"247\" height=\"229\" \/>Over the past few years the number of celebratory ribbon cutting ceremonies in Newark has continued to grow, with each new business entrant into the city serving as a magnet for the next.<\/p>\n<p>This week the co-working space\u00a0<a href=\"https:\/\/lp.co\/newarknj\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Launch Pad<\/strong><\/a>\u00a0celebrated its opening in the restored historic\u00a0<a href=\"https:\/\/www.livehahne.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Hahne\u2019s building<\/strong><\/a>\u00a0in downtown<a href=\"https:\/\/americanentrepreneurship.com\/nj\/innovation-featured\/newark-embraces-smart-city-plans-with-range-innovative-initiatives\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Newark<\/strong><\/a><strong>.<\/strong>\u00a0\u00a0Launch Pad CEO Chris Schultz was joined by Newark<a href=\"https:\/\/www.newarknj.gov\/city-mayor\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Mayor Ras Baraka<\/strong><\/a>, \u00a0Jake Pine of\u00a0<a href=\"https:\/\/lmdevpartners.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>L+M Development<\/strong><\/a><strong>,<\/strong>\u00a0Aisha Glover, President and CEO of the Newark CEDC<strong>,<\/strong>\u00a0and the CEO of the co-working space\u2019s anchor tenant, Ari Rabban of Phone.com to share the occasion.<\/p>\n<p>\u201cWhen people ask me why we are here in Newark, I refer to our core value: \u201cPeople with pride. Cities with soul. I feel this community fits the bill,\u201d Schultz said in his welcoming remarks.<\/p>\n<p>The opening is Launch Pad\u2019s first step outside of\u00a0<strong>New Orleans<\/strong>\u00a0where the company began with its first co-working space built in response to Katrina in 2009.\u00a0 Schultz shared some impressive numbers about what their New Orleans space accomplished in helping to rebuild both the local community and the entrepreneurial tech community there.<\/p>\n<p>\u201cFor eight years we spent our time focused on New Orleans. Our impact there is something very meaningful to me.\u00a0 Companies working at Launch Pad created 5,000 jobs, raised $160 million in venture capital and went on to lease 500,000 square feet in the City of New Orleans,\u201d Schultz said. \u201cI am looking forward to Launch Pad members having that same impact here in Newark\u201d.<\/p>\n<p>Schultz\u2019s journey to Newark began with a call from Jack Pine of L+M Development.\u00a0 Pine invited Schultz to tour the Hahne\u2019s building&#8212;a refurbishment he has been spearheading for over four years. \u00a0It did not take long for Schultz to make his decision. He quickly gained support from the\u00a0<a href=\"https:\/\/www.njeda.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>NJEDA<\/strong><\/a>\u00a0and the<a href=\"http:\/\/www.newarkcedc.org\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Newark CEDC<\/strong><\/a>, as well as businesses in the local community such as\u00a0<a href=\"https:\/\/www.audible.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Audible<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/americanentrepreneurship.com\/nj\/funding-news\/newark-venture-partners-announces-move-into-post-accelerator-startups\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Newark Venture Partners<\/strong><\/a>.<\/p>\n<p>Now Launch Pad joins with them to be another contributor to the changing landscape of Newark where the entrepreneurial community is becoming bedrock.<\/p>\n<p>In his remarks Mayor Baraka acknowledged the entrepreneurial community&#8217;s important role in Newark, stating, \u201cWe do have many co-working spaces and incubators in the City and that was part of our original 2014 transition plan&#8212; to attract incubators and co-working spaces. To help us grow our economy, focus on local business, attract new creative entrepreneurs, academics, artists, and all kinds of folks and put them in the same location and explode that creativity.\u201d<\/p>\n<p>Launch Pad is one more addition to the explosive dynamic that the Mayor hoped for in 2014.\u00a0 With 15,000 square feet, the co-working space offers a place for freelancers and startups to connect and collaborate. It has 32 private offices including three conference rooms, private phone booths, a kitchen and caf\u00e9 space, and common work areas.\u00a0 Members and non-members have access to 10 GB of high-speed internet.<\/p>\n<p>Having completed the facility, Schultz\u2019s focus is now moving to the 60 members who have already joined Launch Pad. \u00a0Both Schultz and the Mayor look to the future when these early members will outgrow the space, and take up residence in either the Hahne\u2019s building or the adjoining community.<\/p>\n<p>But those startup members need more than Launchpad to succeed and Schultz reached out to those celebrating at the opening to give thought as to how they can support them.<\/p>\n<p>\u2018One of the things I want to encourage everybody in this room is to be thinking about is how you can be a first believer to entrepreneurs in this community. Entrepreneurs need a first believer,\u201d Schultz said.<\/p>\n<p>He encouraged people to be their first customer, offer words of encouragement and to not just think that only investors help entrepreneurs.\u00a0 With the support of the local community, both in word and deed, Schultz sees only success for Launch Pad Newark.<\/p>\n<p>\u201cOur members are our magic.\u00a0 That is another one of our core values.\u201d Schultz said. \u201cThe stories you are going to hear, from here on out, will be about our members.\u201d<\/p>\n<p>By American Entrepreneurship Today<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past few years the number of celebratory ribbon cutting ceremonies in Newark has continued to grow, with each new business entrant into the city serving as a magnet for the next. This week the co-working space\u00a0Launch Pad\u00a0celebrated its opening in the restored historic\u00a0Hahne\u2019s building\u00a0in downtownNewark.\u00a0\u00a0Launch Pad CEO Chris Schultz was joined by NewarkMayor [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":""},"categories":[13,2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Co-working Space Launch Pad Newark Hosts Ribbon Cutting with Mayor Ras Baraka - NEWARK SPEAKS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newarkspeaks.com\/index.php\/2018\/06\/08\/co-working-space-launch-pad-newark-hosts-ribbon-cutting-with-mayor-ras-baraka\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Co-working Space Launch Pad Newark Hosts Ribbon Cutting with Mayor Ras Baraka - NEWARK SPEAKS\" \/>\n<meta property=\"og:description\" content=\"Over the past few years the number of celebratory ribbon cutting ceremonies in Newark has continued to grow, with each new business entrant into the city serving as a magnet for the next. 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