What is NewBridge?
NewBridge offers comprehensive job training programs aimed at equipping unemployed and underemployed adults with the necessary skills for meaningful, living-wage employment in sectors like health sciences. Complementary adult literacy and GED programs are also provided. The organization collaborates with corporate partners to tailor training curricula and facilitate successful post-program employment. Additionally, NewBridge runs a rigorous after-school program for high school students, focusing on creative arts such as ceramics, photography, graphic design, music recording, and film/video, with the goal of improving graduation rates. Modeled after Pittsburgh's Manchester Bidwell Corporation, NewBridge operates as an independent 501(c)3 nonprofit and an affiliate of Manchester Bidwell's National Center for Arts & Technology, leveraging their extensive experience and resources.
How much funding has NewBridge raised?
NewBridge has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in NewBridge
PPP
Public-Private Partnership
What's next for NewBridge?
With the recent influx of capital, NewBridge is poised to expand its reach and enhance its program offerings. The large-scale, late-stage funding suggests a strategic phase of growth, likely involving scaling operations, developing new training modules, and forging deeper partnerships with industry leaders. This investment will be critical in furthering the organization's mission to foster economic mobility and educational attainment, aiming to meet or exceed the high employment and graduation rates achieved by its affiliate, Manchester Bidwell.
See full NewBridge company page
