The Center for Urban and Entrepreneurship and Economic Development at Rutgers Business School will celebrate its 10th anniversary by hosting an UnGala Experience at the Express Newark event space on Oct. 10.
The center works to strengthen small business owners who contribute to community revitalization efforts.
The UnGala Experience will feature gourmet cuisine, artisan products, and professional services from the businesses of the center’s graduates and discussions of topics relating to urban entrepreneurship.
“Since 2008, CUEED has provided education, mentorship, networking, and investment opportunities for over 400 entrepreneurs whose businesses have created over 580 jobs and generated over $167 million in annual revenue,” Lyneir Richardson, executive director of CUEED, said in a statement. “In the same way that our entrepreneurs have found original ways to revitalize their communities and build their companies, the UnGala Experience will flip the script on typical gala events by presenting an evening that’s fresh, dynamic, and innovative.”
CUEED is one of the first and only entities in the country to integrate academia, private capital, government organizations, and non-profit partners with the goal of promoting urban economic growth through entrepreneurship. Through CUEED, Rutgers makes working space, equipment, faculty, staff, and student resources available to its participating local entrepreneurs, 70 percent of whom are minority and over 60 percent of whom are female.