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Volume 21                                                                                                                                                                    May2012 
In This Issue
71 Entrepreneurs Graduate from Spring 2012 CBA
The Start Something Challenge Takes Off
Two Rising Tide Entrepreneurs Celebrate Business Grand Openings in Essex and Hudson County
Rising Tide Capital Launches 2011 Annual Report
5 Questions with Louisa Cousins
Rising Tide Entrepreneurs Make Record Sales at Everything Jersey City Festival
Harvey George Leaves Legacy in Jersey City
June Calendar of Events
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

Ninety-four entrepreneurs started the Spring CBA session on February 28. Classes are held on Tuesday and Wednesday evenings and Saturday mornings in Jersey City, and on Thursday evenings in Orange.


Interested in the Fall  CBA session? Click here  to find an upcoming 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!

Invest in Entrepreneurs for a New Economy

Ei Alfa

I am writing this to you having literally just shaken the hands of 71 individuals who completed a rigorous course of study to launch and grow their businesses. They are joining the 494 Community Business Academy graduates who came before them, creating a community that is working diligently towards a path of prosperity in this new, uncertain economy.


Like Bhaier Ramsingh-Lance or Lori Childs who both launched their businesses this month, these individuals are financing their dreams with savings, loans from microlenders and cash they generate from their nascent businesses. Collectively, they are building up household incomes, hiring and adding new goods and services to the local economy. Most importantly, despite the obstacles they face, they are resilient.


In essence, Rising Tide Capital and each of its supporters is an investor in a new, more hopeful future that re-energizes the capillaries of our society which has been so damaged by economic marginalization and disinvestment. We have an urgent opportunity to do something truly right- in real time- now.


Your investment and donations to Rising Tide Capital go directly to support our entrepreneurs in growing businesses that are the foundation of a new economy. Start something today by investing in their future.



Alfa Demmellash



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71 Entrepreneurs Graduate from Spring 2012 CBARegina

At a graduation ceremony hosted by Goldman Sachs in Jersey City, 71 entrepreneurs graduated from Rising Tide Capital's Community Business Academy. Read More. 

The Start Something Challenge Takes Off

Rising Tide Capital has been the local host of Global Entrepreneurship Week in New Jersey for the past four years. 


In 2011, we expanded our GEW celebrations to include Essex County under the theme of Start Something NJ- a challenge to New Jersey's residents to support entrepreneurship as a vehicle for promoting economic growth at a critical time. 


This year, instead of one week, Rising Tide Capital will launch a series of programs beginning on May 31st to support its largest business pitch competition to date, The Start Something Challenge. Read More.


Stay tuned for more details! 

Two Rising Tide Entrepreneurs Celebrate Business Grand Openings in Essex and Hudson County

Lori Childs celebrates the grand opening of BCBL Credit Repair Solutions on May 19, outside of her new office in Maplewood

On May 15, Rising Tide Entrepreneur Bhaier Ramsingh-Lance launched her business, Moms's Choice LLC, at a well-attended grand opening ceremony in Jersey City. Based in Journal Square, her business matches clients with child and adult caregivers based on each individual's preferences. Shortly after her launch, Bhaier was profiled in the Jersey Journal


Only one week later, Lori Childs hosted a ribbon cutting ceremony for BCBL Credit Repair Solutions at its new office in Maplewood. The mayor of Maplewood attended the event and praised Lori's role in helping locals qualify for mortgages. 


To learn more, visit Bhaier and Lori's pages on the Rising Tide Exchange.


Congratulations Ladies! 

Rising Tide Capital Launches 2011 Annual Report 


During a funder briefing which preceded the 2012 Community Business Academy graduation, Rising Tide Capital launched its annual report. Here are some things we learned about 2011:

  • 85% Graduation Rate from the Community Business Academy
  • 233 Rising Tide Entrepreneurs are Currently in Business
  • 200 are in Planning Stage

 RTC also launched three major new initiatives and hosted the largest celebration of Global Entrepreneurship Week. 

 Read More

5 Questions with Louisa Cousins

There wouldn't be an Annual Report without the woman behind the numbers, Louisa Cousins. As Program Evaluation Manager, Louisa is responsible for helping Rising Tide Capital evaluate and report on all of its programming. 
In this edition of 5 Questions, find out who inspires Louisa, and more!
Each month, we will spotlight a Rising Tide staff member and share some fun facts you might not have known. Didn't catch the last one? Click here to check out 5 Questions with Jay Savulich, RTC's Managing Director of Programs.
Stay tuned for more interviews!   

Rising Tide Entrepreneurs Make Record Sales at Everything Jersey City Festival


On a beautiful Saturday in May, eight Rising Tide Entrepreneurs participated in the Everything Jersey City Festival which brought an estimated 40,000 pedestrians to the Heights section of Jersey City. 


Two entrepreneurs- Roger Quesada (right) and Angela Huggins- made record sales during the event.


Read More

Harvey George Leaves Legacy in Jersey City


Harvey George stands between Rising Tide Capital co-founders, Alfa Demmellash and Alex Forrester. 

There are few people who had such an impact on Rising Tide Capital as Harvey George did. When Rising Tide Capital co-founders Alfa and Alex moved to Jersey City, Harvey was one of the first to welcome their vision for the community. On May 18th Harvey passed away, but his legacy and inspiration will live on. 


To learn more about Harvey George's impact on the community, click here.


To read Alfa Demmellash's tribute to Harvey, click here.  


June Calendar of Events


june calendar   


 Click on the calendar icon above to find out about our Program events and activities in June.