Following Mayor Rex Richardson’s call in his recent State of the City address for 100 new diverse startups to be brought to the City of Long Beach, a local coalition representing the public, private and nonprofit sectors announced their answer to his directive through the signing of an agreement that signals the start of their efforts.
Leaders from the local organizations Sunstone Management, Sunstone Community fund, the long Beach Accelerator, Long Beach Economic Partnership, the Long Beach Center for Economic Inclusion, City of Long Beach Economic Development Department, CSULB Institute for Innovation & Entrepreneurship and Imprint Venture Lab signed their agreement to form the LAUNCH BEACH 100 STARTUPS CAMPAIGN on January 23rd with the mayor on hand.
“Attracting new and diverse businesses that will push the boundaries on innovation while boosting our local economy is a focal point of my administration’s Grow Long Beach Initiative and our Opportunity Beach Agenda,” said Mayor Richardson. “I applaud the Long Beach Coalition for believing in and supporting our mission to unleash the potential of the city’s emerging industries and provide good-paying jobs of the future for our residents.”
“The 100 Startups Campaign is a crucial mission for the City of Long Beach, and one that Sunstone Management and the Sunstone Community Fund is truly honored to be a part of,” said John Keisler, CEO of Managing Partner of Sunstone Management. “Mayor Richardson understands the importance of a thriving startup ecosystem, and we and our partners look forward to driving towards our goal over the next five years.” Keisler also served as a member of Mayor Richardson’s transition team.