Gavin Newsom rings Nasdaq Closing Bell from new entrepreneurial center in San Francisco


California Lieutenant Governor Gavin Newsom joined representatives from the NBA's Golden State Warriors on Thursday, September 24, 2015, to ring the Nasdaq Closing Bell in a rare ceremony to celebrate the opening of the Nasdaq Entrepreneurial Center at 505 Howard St., San Francisco.

The Nasdaq Entrepreneurial Center is a 13,000 square-foot facility established by the Nasdaq Educational Foundation as a non-profit organization, and will serve as a central hub for entrepreneurs from all industries to learn to build and run successful businesses, and connect with an established global ecosystem of industry experts, mentors and resources.

In 2011, Lieutenant Governor Newsom unveiled an aggressive economic growth and competitiveness agenda for California that focuses on eight pillars that are essential to delivering the Next Economy. For over a decade, California had lacked a comprehensive economic and workforce development strategy, leading to a severe lack of focus and inefficiency in California's ability to work with business. Shortly after being elected Lieutenant Governor, Newsom began work to develop a comprehensive economic and workforce strategy. The agenda is guided by a set of principles that embraces a shift from a consumption-based economy to a production economy focused on global trade.

The Nasdaq Entrepreneurial Center is focused on fostering a thriving start-up community representing all industries. It offers entrepreneurs free educational and training resources, hands-on mentorship programs and entrepreneurial events and programs developed in partnership with Nasdaq and with some of the world's leading academic institutions, companies and business leaders. In addition, the Center will also conduct original and actionable research on entrepreneurship. Entrepreneurs interested in programming and events at the Center can complete an application on the Center's website.

The Warriors currently participate in the Future Leaders program, an alliance with PwC and the SF Beacon Initiative, which is committed to helping develop critical financial skills in communities throughout the Bay Area to provide educators with the resources and training to teach those skills to students. Participants from the Future Leaders program were also in attendance.