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Addressing Our Vibrant Community
written by Ferlanda Fox Nixon, Esq., President & CEO, NRBP I would be remiss if I did not address NRBP’s vibrant community in the wake of last week’s election results. As the newly appointed President and CEO of NRBP, I want to reassure our members and stakeholders that our commitment to bolstering Greater Newark’s economy remains steadfast, regardless of political changes. NRBP’s Mission For more than 150 years, NRBP has been a cornerstone of Newark’s business community. From our founding in 1869 as the Newark Board of Trade, we’ve evolved into an organization dedicated to supporting local businesses through valuable connections, resources, and advocacy. Embracing Diversity Newark’s strength lies in its diversity, and NRBP reflects this through our membership. We represent businesses of all sizes and industries, bringing them together to drive economic progress in the region. A Nonpartisan Approach NRBP’s pro-business agenda transcends political lines. We collaborate with stakeholders across the spectrum to advance policies that benefit the Greater Newark business community. Advocacy and Economic Development Our history of advocating for transformative projects speaks to our commitment to Newark’s economic growth. From supporting the development of the Prudential Center and the Greater Newark Convention and Visitors Bureau to championing critical infrastructure improvements, NRBP has played a key role in Newark’s renaissance. Looking Ahead As we look to the future, NRBP remains dedicated to ensuring that Newark continues to be a thriving hub of opportunity. We will focus on fostering innovation, advancing key projects, and supporting the policies that will make our region even more competitive. Together, we will build on Newark’s momentum, fostering an environment of continued prosperity.
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Faith and Finance: How Newark's Diverse Religious Institutions Drive Economic Growth written by Ferlanda Fox Nixon, Esq., President & CEO, NRBP  This past Sunday, Newark's downtown bustled with an unusual convergence of events. As Disney on Ice dazzled families at the Prudential Center, the historic First Presbyterian Church marked a significant milestone – the installation of its first woman pastor. The resulting parking shortage was a testament to the vibrant activity in the city center – a scenario that holds promise for Newark's economic future. The Economic Impact of Faith-Based Organizations Religious institutions often fly under the radar when discussing economic contributors, but their impact is substantial. In the United States, religion contributes approximately $1.2 trillion of socioeconomic value annually to the economy. This includes not only the direct economic activities of religious congregations but also the value generated by religious schools, charities, and faith-inspired businesses. Newark's Diverse Faith Community Newark's rich tapestry of faith communities, including Christian churches, Islamic mosques, Jewish synagogues, and other places of worship, has deep roots in the city's history. These organizations have the power to draw people into the downtown area, creating opportunities for local businesses. Consider the following ways faith-based organizations can boost Newark's economy:
Learning from Other Cities Newark can draw inspiration from other cities where diverse faith institutions enhance downtown vitality:
The Path Forward: Celebrating Newark's Visionary Initiatives Newark is already making remarkable strides in harnessing the potential of faith-based organizations to enhance its economic landscape. The city's proactive and collaborative approach is commendable, showcasing a commitment to community engagement and revitalization.
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