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Volume 23                                                                                                                                                                   July 2012 
In This Issue
Jeff Hoffman and JPMorgan Chase Foundation back The Start Something Challenge
Congratulations July Business Launches!
Rising Tide Entrepreneurs Get Free Office Space
23 Lead NJ Fellows Support Rising Tide Graduate
Rising Tide Becomes a KIVA Zip Trustee
August Calendar of Events
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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!

$600,000 to Spur Business Creation in More Communities 

Ei Alfa

Just this year, inquiries for our entrepreneurship training programs skyrocketed by nearly 150%. With so many entrepreneurs seeking assistance to create their own jobs, our committed partners are coming together to meet this need head on.


I'm so excited to announce that as of this week, the JPMorgan Chase Foundation and Jeff Hoffman-a member of's founding team- are providing the lead support for The Start Something Challenge- an initiative to raise awareness and critically-needed funding for entrepreneurship support services. This means that in 2013, we'll be able to expand our programs into additional communities of need, add multilingual services, and provide business education scholarships for new entrepreneurs.


In addition to our lead sponsors, we're also grateful for our returning partners including PSEG, Citi Foundation, St. Peter's University, The Star-Ledger, The Provident Bank, and a range of other community partners. Together, we're halfway to our goal of $600,000 to support hundreds of budding entrepreneurs. Call us for sponsorship opportunities and join us in the next exciting few weeks as we band together to unleash new ideas and reach this milestone.


Alfa Demmellash

CEO, Rising Tide Capital


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Jeff Hoffman and JPMorgan Chase Foundation back The Start Something Challenge as Lead Partners

Last year's Start Something programs reached nearly 600 participants with dynamic presenters, investors and business leaders inspiring job creation and growth. 
This year, through the Start Something Challenge, entrepreneurs will have the opportunity to compete in a state-wide business pitch competition to receive cash and in-kind prizes, valuable feedback for their business ideas and increased visibility for their businesses. 


Serial entrepreneur Jeff Hoffman and the JPMorgan Chase Foundation are the lead champions for the Start Something Challenge 2012. Join the cause to support entrepreneurs who are transforming our communities with business education scholarships and growth opportunities. Click here to learn more about The Start Something Challenge and sponsorship opportunities.

Congratulations July Business Launches !

Ben Benjalloun, Jalloun Specialty Foods 
Geoffrey Allen, Property Maintenance Guys  
Elizabeth Migliore, Jersey City Veggie Burger   

Rising Tide Entrepreneurs Get Free Office Space at NJCU Business Incubator   


Two Rising Tide Entrepreneurs will receive support from a paid intern and office space at the Business Development Incubator (BDI) out of New Jersey City University- free of charge, including rent, heat, and janitorial services. In addition, they will receive assistance from the Small Business Development Center based out of NJCU. 


Find out who they are in this story! Read More 

 23 Lead NJ Fellows Support Rising Tide Graduate 

Twenty-three leaders from across New Jersey teamed up to help revitalize the Jersey City Food Cooperative, led by Rising Tide Entrepreneur Gillian Allen.

Formerly known as Leadership NJ, Lead New Jersey is a nonprofit organization which awards 40 fellowships each year to top leaders spanning the public and private sector. This year, one fellowship was awarded to Alfa Demmellash, the CEO of Rising Tide Capital.

Rising Tide Capital Partners with Kiva Zip to Provide Small Business Loans  

Earlier this month, Rising Tide Capital launched an innovative partnership with Kiva which will open doors for Community Business Academy graduates to access essential small business loans to grow their businesses. 
As the first Kiva Zip trustee in the New York Metropolitan area, Rising Tide Capital will be able to endorse qualified entrepreneurs seeking a one-year loan of up to $5,000 at 0 percent interest. Read More.


5 Questions with Tawanda Taylor

Learn more about RTC's Finance & Administrative Associate, Tawanda Taylor. Find out about her inspiration and passions! Read 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 Mary Sansait, RTC's Community Business Academy coordinator.

Stay tuned for more interviews! 




August Calendar of Events



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