Payne, Jr. Hosts Roundtable Discussion with Audible Employees

Apr 4, 2016 Issues: Economy and Jobs, Local Issues
Payne, Jr. Hosts Roundtable Discussion with Audible Employees

Newark, N.J. – Today, Congressman Donald M. Payne, Jr. (NJ-10) hosted a roundtable discussion with Audible employees to discuss Audible’s operation, the growth of Newark as a tech hub, and ways the government can help tech companies continue innovating, creating jobs, and growing the tech industry in the city. The meeting took place at the Newark headquarters of Audible, the world’s largest seller and producer of downloadable audiobooks and other spoken-word entertainment.

“Today’s discussion was a great opportunity to hear directly from the Audible team about their work to transform Newark into a center of technological innovation and entrepreneurship,” said Congressman Payne, Jr. “Audible is committed to unlocking the full potential of Newark and fueling the city’s revitalization by tapping into the diverse talent in our communities. I look forward to continuing this dialogue so that we can expand opportunities for Newarkers to prosper.”

“I look forward to a continued dialogue with Congressman Payne, Jr. and other national, state, and local policymakers to craft more targeted public policy that can help connect the beleaguered urban core to an early-stage technology-driven growth economy that is creating jobs and taxable revenue by the day,” said Audible founder and CEO Donald Katz.

During the visit, Congressman Payne, Jr. also applauded Audible for its support of Newark Venture Partners, an early-stage investment fund that will provide capital, company-building services, and a state-of-the-art, ultra-high bandwidth accelerator workspace to innovative technology start-ups in an effort to expand the technology industry in Newark.

As a member of the House Subcommittee on Economic Growth, Tax and Capital Access, Congressman Payne, Jr. continues to support startup companies and entrepreneurs, leading an effort in the U.S. House urging data transparency from the Consumer Financial Protection Bureau to increase small business lending to women and minority-owned small businesses.