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Volume 12                                                                                                                                                      July  2011  
In This Issue
Meet The Winners!
Perspectives from a Corporate Volunteer
Intersect Fund Loans for Rising Tide Entrepreneurs
Two New Residents at the BDI at NJCU
Goodbye Danielle, Hello Justyna
Meet Our Summer Interns!
Help Us Reach 500 Entrepreneurs by Fall 2011!
Make a Difference

Donate to RTC 

Making a Difference in the life of an entrepreneur means helping a talented individual  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!

Upcoming Programs Activities

Community Business Academy

This Fall, RTC will teach a CBA class outside of Jersey City for the first time, with an additonal session in the City of Orange Township. If you want to attend a CBA class this Fall, click here to find a CBA orientation date near you! 

Business Acceleration Services
The next six months will be filled with seminars, workshops and resources to give small business owners the skills they need for business success! Click here to find out about upcoming events and activities!

Stay Connected with RTC

Powering Dreams & Economic Independence

Ei Alfa 

Summer is a busy time for entrepreneurs at Rising Tide Capital as they prepare for the start of the Fall season. Your support is powering dreams and planting seeds in inner cities to restore a sense of hope and economic independence.


In this issue of The Currents, we present an update from our recent Plan & Pitch Competition, with perspectives from our entrepreneurs, a volunteer coach, and one of our access to capital partners. This June we were sad to lose Danielle Woods, our communications assistant for the past year, as she went off to graduate school. However, we want you to meet Justyna Krygowska our new communications assistant, who has already proven to be a valuable addition to our team. We also invite you to get to know our interns who are bringing new energy and passion to our organization this summer! 


Despite news of state funding cuts, we are pushing harder to build businesses faster with the support of our entrepreneurs, our donors and funding partners and doing our part to create much needed jobs.This Fall, we are preparing to educate 80 entrepreneurs from inner-cities in the surrounding region and serve hundreds more returning for one-on-one advice and technical assistance. As we move into new territory by adding an additional class outside of Jersey City this fall, I urge you to continue to support us with a tax deductible donation. Contribute today to our campaign to reach 500 entrepreneurs with our tools for economic independence through entrepreneurship!



Alfa Demmellash

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Plan & Pitch 2011

plan and pitch 2011

Learning how to pitch a business idea is a foundational lesson for any entrepreneur. Through the Plan & Pitch Competition, Rising Tide Capital (RTC) gives graduates of our Community Business Academy tools and tips to complete their business plans, and then teaches them how to turn these plans into effective business pitches.RTC's second annual Plan & Pitch Competition was held on June 18 at the Degnan Conference Room at Saint Peters College. 


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Meet the Winners of Plan & Pitch!


This year there was a tie for first place; Mary Ann Sherman of Your Aging Parents, Inc., and Veronica Sanders of Flowers4Rent.  Third place went to Mona Fitch-Elliott of ExciteWrite.


In photo, left to right, Mona Fitch-Elliot, Veronica Sanders, and Mary-Ann Sherman.


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Perspectives from a Plan & Pitch Corporate Volunteer

  Peter Cureton, Plan & Pitch Volunteer

Peter Cureton, one of the Goldman Sachs Community TeamWorks volunteers, was very passionate about his role as a volunteer coach at Plan & Pitch 2011.


Through Community TeamWorks, Goldman Sachs employees choose a team-based community project with a non-profit program. Rising Tide Capital has collaborated with Goldman Sachs on Community TeamWorks for the past 5 years. Peter selected Rising Tide Capital as his community project because it was an opportunity to be engaged in microfinance "in a hands on kind of way."


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Plan & Pitch Leads to Intersect Fund Loans for Rising Tide Entrepreneurs

Luis De La Hoz micro-blogging at Plan & Pitch

One of the unexpected benefits to the entrepreneurs who participated at Plan & Pitch was the opportunity to apply for an Intersect Fund microloan for their business right then and there.


Luis De La Hoz, a Loan Officer and Hispanic Community Outreach Coordinator for the Intersect Fund, participated as a volunteer coach at the event. Not only did he micro-blog the entire event, providing total social media coverage including both photos and videos, but at the end of the day, Luis also gave a presentation on the benefits of applying for a business microloan with the Intersect Fund.


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Two New Rising Tide Entrepreneurs become Residents at the BDI at NJCU

BDI Spring ResidentsRecent Community Business Academy (CBA) graduates, Rafael Del Rosario and Stephanie Wilson, are winners of the E 2 Incubator Residency Program.  Both entrepreneurs will receive a residency at the Business Development Incubator of New Jersey City University (BDI) for a year, free of charge, including rent, heat, lights and cleaning. Rafael and Stephanie will also receive the assistance of an intern from NJCU for up to 25 hours a week for two consecutive semesters. The total package is valued at $12,000 each. This opportunity was made available exclusively to entrepreneurs who graduated from the 2011 Spring CBA.


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Goodbye Danielle, Hello Justyna!

danielle_justynaThis June, Rising Tide Capital bid farewell to Danielle Woods, who has been our Communications Assistant for the past year. Danielle, who started her tenure at Rising Tide Capital as a communications intern in March 2010, started her graduate degree in Broadcast and Digital Journalism at the S. I. Newhouse School of Public Communication at Syracuse University.


Filling the role of Communications Assistant, is Justyna Krygowska. She holds a Bachelor's degree in Integrated Design with a concentration in Communication Design and Design and Management, from Parsons the New School for Design in New York City.


Read more 

Meet Our Summer Interns!
Summer 2011 Interns
This summer, Rising Tide Capital has been fortunate to attract three dynamic and diverse interns to our organization. Click here to meet Haley Rose, Helen Diaz and Joel Ruffin Jr., three passionate young people who are adding their skills, experiences and perspectives to the pool of talent already in service of our mission!

Donate to Help Us Reach 500 Entrepreneurs by Fall 2011!

500 Entrepreneurs Campaign

On May 26, Rising Tide Capital (RTC) marked its 7th year of assisting struggling entrepreneurs in and around Jersey City, and the 5th Anniversary of the Community Business Academy, RTC's 11-week, hands-on business training program.  To date, the Community Business Academy has graduated 430 entrepreneurs.


We need your help to reach 500 entrepreneurs by this fall!