AfroTech Executive 2024 draws big turnout at North to Shore in Newark

The New Jersey Economic Development Authority (NJEDA) and AfroTech are touting the success of a recent partnership: AfroTech Executive 2024, which took place during this year’s North to Shore Festival June 28 at Prudential Tower in Newark.

Officials say the event drew over 240 people, bringing together corporate executives, founders, entrepreneurs and investors. The day featured discussions on topics such as tech innovation, financial literacy and responsibility, generational wealth creation, artificial intelligence (AI), diversity and more.

Journalist and entrepreneur Angela Rye keynoted AfroTech. The event also included two fireside chats and a panel discussion, followed by a networking reception.

“AfroTech is just one of many events held during North to Shore that showcased New Jersey’s commitment to diversity and innovation,” said Gov. Phil Murphy. “When we bring together corporate executives and entrepreneurs in the City of Newark one of the birthplaces of American innovation we do our part in increasing access to economic opportunity and improving the prospects for generational wealth for all New Jerseyans.”

“Our week hosting the North to Shore Festival, and the City of Newark itself are the perfect combination of time and space to showcase the brightest and most spirited African American innovators, investors, makers, moguls, and mavericks,” said Newark Mayor Ras Baraka. “Newark is at the crossroad of diversity and next-level technology, making it the ideal location for a dynamic exchange of insights and visions. It’s a thrilling time to be in Newark and we’re proud to be at the center of paradigm-shifting conversations.”

Supporting a diverse economy

NJEDA Chief Executive Officer Tim Sullivan said the administration has prioritized breaking down barriers to opportunities for minority and women entrepreneurs especially in the tech and innovation sectors.

“AfroTech exemplifies the NJEDA’s commitment to supporting a diverse innovation economy, which in turn, leads to job creation, thriving communities, and a stronger New Jersey for years to come,” said Sullivan.

“Conversations like these are essential for our communities and businesses, fostering greater upward mobility for members of the Black community,” said NJEDA Chief Diversity & Inclusion Officer Michelle Bodden.

“We are thrilled to have partnered with NJEDA for our AfroTech Executive event in Newark, making an important milestone in our mission to highlight and foster diverse innovation,” said Simone Tyler, senior vice president, AfroTech and Live Events. “This event underscored the power of collaboration and the critical need to create economic opportunities that include all voices, driving forward both technological advancements and generational wealth within our communities.”

“Prudential was honored to host this energizing, impactful event at our Newark headquarters during the North to Shore Festival,” said Robert Gulliver, chief talent & diversity officer, Prudential Financial Inc.



African American Chamber of Commerce of New Jersey founder, President and CEO John Sr. applauded the event stakeholders and organizers for enabling AfroTech to happen "in the most diverse state in the country."

“This was a collaboration which confirmed the possibilities are limitless when you close your eyes to false perceptions and allow the finest minds to intersect with a mutual goal of excellence,” said . “Let’s keep it going.”

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