Hopeworks, a leading social enterprise dedicated to advancing economic mobility through technology training, has officially announced its expansion into Newark. The move marks a major milestone for the organization as it brings its high-impact workforce development model to a city increasingly recognized as a premier center for technological innovation.
Supported by a $650,000 strategic investment from The Hg Foundation, the expansion aims to bridge the gap between technical training and sustainable career pathways for young adults. While Hopeworks is already active on the ground in Newark through local partnerships, the organization has announced plans for a permanent facility at 550 Broad Street, slated to open in September 2026.
The decision to enter Newark was driven by the city’s significant economic momentum. As emerging technologies like AI and cybersecurity reshape the global job market, Newark has positioned itself as a fertile ground for inclusive growth.
“Newark is a city defined by momentum, talent, and opportunity,” Dan Rhoton, CEO of Hopeworks said. “We’re proud to be here now, working alongside an already strong and deeply connected community to help more young adults access the kinds of careers that can change the trajectory of their lives.”
The Hg Foundation’s investment reflects a confidence in Hopeworks’ ability to deliver measurable economic mobility. Stefanie Raiola, director at The Hg Foundation and member of the Hopeworks’ Newark Advisory Board, emphasized that the city’s “depth of talent and institutional commitment” makes it a prime location for such an initiative.
“Hopeworks has built a model that consistently delivers real economic mobility,” Raiola stated. “Bringing it to Newark is exactly the kind of investment we believe can shape what inclusive opportunity looks like at scale.”
Rather than operating in isolation, Hopeworks Newark is designed to complement the city’s existing network of educational and community organizations. The initiative is led by Jheryn Kenney, regional executive director of Hopeworks Newark, who brings a background in tech industry leadership and workforce expertise.
“Newark already has the foundation: world-class institutions, committed employers, and an ecosystem that is deeply invested in its young people,” Kenney said. “Our role is to support and build on that by connecting more young adults to opportunities and ensuring that pathways into the workforce lead to lasting success.”
Looking Ahead
In the months leading up to the 2026 facility opening, Hopeworks plans to:
- Deepen existing partnerships with Newark-based employers.
- Expand its local team of educators and tech mentors.
- Highlight local success stories of young adults entering the tech workforce.
By aligning its proven training model with Newark’s booming innovation sector, Hopeworks aims to ensure that the city’s economic growth is both accessible and meaningful for the next generation of local talent.
