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Volume 8                                                                                                                                                               February 2011  
In This Issue
From NBC to Entrepreneurship: Darryl Love's Journey to Success
RTC Clients Conquer the World of Fashion
RTC Entrepreneurs Get Business Loans through The Intersect Fund
2 Entrepreneurs Receive 1-Year Residencies at NJCU BDI
Small Business Marketing Master Class a Success!
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Making a Difference in the life of an entrepreneur means helping a talented individual to build a business that will sustain his or her family, provide jobs, and keep cash circulating in our communities. Every penny counts. Show your support for our entrepreneurs today!

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Celebrating OUR Heroes
Ei Alfa

This month, as Americans from coast-to-coast celebrate Black History Month, we salute the achievements of our entrepreneurs, special role models and real heroes in their own right. Entrepreneurs like Lisa Best, Gwen Green,  and Darryl Love are using their talents and skills to create viable businesses that uphold the American dream while generating money and expanding opportunities for others in their local economy. Darryl is using his decades of experience in sports broadcasting to give back to his community by assisting young athletes, while Lisa and Gwen are creating products that are achieving recognition in the multi-billion dollar fashion industry.

These amazing stories set against the current backdrop of major cuts in federal and state funding for entrepreneurship programs, demonstrate to me that there has never been a greater need for what we offer: business education and sustained support for new businesses being started in the kitchens and garages of struggling communities. Did you know that nearly two-thirds of net new jobs created in the United States come from young, new businesses between one to five years old?  Just in this past month, our entrepreneurs continue to make strides with the opportunities we are able to offer them, with credit building loans through committed partners, marketing master classes with volunteer mentors, and the opportunity for affordable business spaces at our newest partner - the Business Development Incubator at the New Jersey City University.

With your support, we are making a very real difference in the lives of people who come into our programs. I urge you to continue supporting us with a tax-deductible donation. As you help us to reach even more entrepreneurs with tuition-free and easily accessible programs and services, you are making an investment into the lives of people who can uplift entire communities and ultimately the country as a whole. There is an old African proverb that says, "When you pray, move your feet." During this month of recognizing the contribution of Black History to our nation and the world, supporting our cause is a great way to "move your feet while you celebrate."

Thank you,

Alfa Demmellash

Alfa's Activities:
Interview on eXCHANGE radio  

Interview with Tadias Magazine 

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From NBC to Entrepreneurship: Darryl Love's Journey to Success

Darryl Love, CBA grad

Darryl Love, CEO

Nighshift Multimedia Studios, LLC

      For Darryl Love, graduate of the 20th Community Business Academy, failing to live out his dreams was never an option. Today, Darryl is the owner and executive producer of Nightshift Multimedia Studios, LLC (a full service video production and audio-visual services company located in Bloomfield, NJ); however, this business venture is only the latest chapter of a career spanning over two decades marked by success and distinction in the highly competitive field of television production.  

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Rising Tide Entrepreneurs Conquer the World of Fashion 

Lisa Best

Lisa Best, CEO

Pippi Hepburn

     Two Rising Tide Capital (RTC) entrepreneurs earned notable recognition in the world of fashion during the month of February. Both Lisa Best and Gwendolyn Green (graduates of the 6th and 14th Community Business Academy sessions, respectively) are leaving their marks in the handbag and hat industries.

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RTC Entrepreneurs Get Business Loans Through The Intersect Fund

Daniel Acevedo, CBA 24

Loan recipient,
RTC Entrepreneur,  

Daniel Acevedo

     One of the benefits continuing the journey as a Rising Tide Capital (RTC) Entrepreneur is the opportunities we are able to afford our clients through our Business Acceleration Services-which now include direct access to financing.  RTC recently launched a partnership with The Intersect Fund, a micro-enterprise development organization based in New Brunswick, in order to provide entrepreneurs with access to credit building loans that can help them further expand their business goals while repairing their credit

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Two RTC Entrepreneurs receive One Year Residencies at the NJCU BDI

Jorge Diaz

Jorge Diaz

JD Tech Solutions

Mona Fitch-Elliott

Mona Fitch-Elliott

Excite Write Education Services

     Two Rising Tide Capital (RTC) entrepreneurs each received a one year residency at the New Jersey City University (NJCU) Business Development Incubator (BDI) as a part of the E2  (Enterprise and Economic) Development Initiative, funded by the Department of Housing and Urban Development. Jorge Diaz and Mona Fitch-Elliott, both Fall 2010 graduates of RTC's Community Business Academy, began their residencies at the beginning of this month.

 

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Small Business Marketing Master Class a Huge Success

BAS Marketing Master Class 

Entrepreneur Nadine Lafond-Herkert receiving one-on-one mentoring at BAS seminar.

    

     On Tuesday, February 15, Rising Tide Capital's (RTC) Business Acceleration Services (BAS) hosted the "Small Business Marketing Master Class," a seminar offering one-on-one mentorship with business marketing professionals, to entrepreneurs in various stages of business, eager to improve their marketing materials. The seminar was highly successful, leaving clients feeling more confident and ready to improve their marketing strategies right away.

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