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Volume 30                                                                                                                                                      February 2013 
In This Issue
Business Development Incubator at NJCU provides a head start for Rising Tide Entrepreneurs
Rising Tide Entrepreneur Testimonial
Volunteer Spotlight
Rising Tide Entrepreneurs Pitch for Business Grants
Rising Tide Entrepreneurs on the Move
5 Questions with Roger Cervantes
Financing Your Small Business in a Tough Economy

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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!


Rising Tide Capital
in the News

Jay Savulich 


While many organizations are offering resources for businesses impacted by Hurricane Sandy, entrepreneurs are not taking advantage of them- that's what Rising Tide Capital's Managing Director of Programs Jay Savulich noticed at a Hurricane Sandy Relief Clinic he recently participated in.  


Jay shares his thoughts about opportunities for small businesses in Sandy's aftermath in the Jersey Journal and also Rising Tide Capital's blog.  






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 Incubating Dreams 

nia reid allen
Nia Reid-Allen works with a coach during the Plan & Pitch competition.
Last month we celebrated new beginnings as 85 Rising Tide Entrepreneurs graduated from the Community Business Academy (CBA). The next few months and years can be incredibly lonely and daunting for these entrepreneurs. This is why we provide ongoing Business Acceleration Services (BAS) for every entrepreneur who graduates from the CBA.


Managed by Program Coordinator Roger Cervantes, BAS includes monthly seminars, vendor and space opportunities, micro business grants, coaching, access to financing and much more. In this issue of the Currents, you'll see how our graduates leverage BAS to continue working on their businesses: 

  • Geoffrey Allen's participation in Global Entrepreneurship Week and the Start Something Challenge gave him the confidence to launch his business
  • Nicole Rivers gained start-up funding by participating in the 2013 Plan & Pitch Competition
  • Joanna De Leon got accepted into a prestigious national fellowship program

We work with local businesses and community partners like Smolin Lupin, Lowenstein, Sandler, Indiegrove and the Business Development Incubator at New Jersey City University, and supporters like you, to incubate our entrepreneurs' dreams of thriving businesses.


Whether you donate your time or your dollars, thank you! Your support helps to grow businesses that transform lives and communities.



The Rising Tide Capital Team


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Business Development Incubator at NJCU provides a head start for Rising Tide Entrepreneurs

In February, the last Rising Tide Entrepreneurs to benefit from a residency from the Business Development Incubator at NJCU
were selected. They are:

Serette Louissaint, Patricia Hudak and Jessica Williams.  

Left to Right: Serette Louissaint, BDI Director Joseph Tetteh and Patricia Hudak.

  Since 2010, the BDI has housed a total of eight Rising Tide businesses. Here's what one of our former entrepreneurs said about her experience:


"Looking back, I would not have had so many meetings to talk about my business if I didn't have my location at the BDI...It would have taken me at least two years to get an office space

if I hadn't gotten a head start."


Angela McKnight, Care About You

Rising Tide Entrepreneur Testimonial: Geoffrey Allen

geoffrey allen"At this point in my life, RTC is probably the best thing that has happened to me. Their programs have  benefited me and my business on so many levels; helping me open up and get over my networking fears to be able to speak in public, avoiding pitfalls, getting focused, pricing my services, getting my business noticed, introducing me to high profile people and the list goes on.


Without RTC I would have not experienced the best benefit of all, and that is giving my company Property Maintenance Guys statewide exposure. Sure I could have spent a couple of years getting my name out locally, but with RTC the process was quicker. There's nothing more fulfilling than people knowing and remembering me, my business name and exactly what I do. The benefits of RTC go way beyond what I expected when I applied for the CBA and I think this is just the beginning of being part of the Rising Tide Capital community."



Volunteer Spotlight: Ted Byer of Smolin Lupin

Ted Byer of Smolin Lupin generously volunteered his expertise as a presenter for Rising Tide Capital's Small Business Tax seminar.
He also contributed to Rising Tide Capital's blog and offered seven hours of pro bono services valued at $3,000 to help a Rising Tide Entrepreneur Elizabeth Migliore of Jersey City Veggie Burgers.
"My business is still very new so having professional guidance at this time will be very helpful. These services should get me on the right track and help me avoid problems down the line," said Migliore.





Rising Tide Entrepreneurs pitch for business grants in the 2013 Plan & Pitch Competition 

Plan and Pitch
Jersey City Resident Nicole Rivers won the $1,500 first prize for her business, One Third Tribal, in Rising Tide Capital's Plan & Pitch Competition. She was one of 19 entrepreneurs who participated in the day-long event which also included a pitch tutorial and intensive one-on-one coaching with business professionals from the local community.
"I'm flabbergasted, surprised, and really, really excited," said Rivers, after hearing that she won the grant.

Find out which other Rising Tide Entrepreneurs won business grants.

Rising Tide Entrepreneurs on the Move

  • Indiegrove
    Rising Tide Entrepreneur Joanna De Leon was accepted into the 2013 Green for All Coaching and Mentoring Program- a national program for entrepreneurs in the "green industry". Here's how she learned about this opportunity. 
  • 8 Rising Tide Entrepreneurs were selected to receve pro-bono one-on-one legal services from NYU law students and Lowenstein, Sandler LLP. 
  • Rising Tide Entrepreneur Jessica Natal (on left in picture) was accepted into a residency program at Indiegrove, one of the newest co-working spaces in downtown Jersey City.

5 Questions With Roger Cervantes  

In this issue of 5 Questions we catch up with the man behind Business Acceleration Services, Programs Coordinator Roger Cervantes. 

Financing Your Small Business in a Tough Economy: March 28, 2013


Join Rising Tide Capital for this Business Acceleration Services Seminar to learn about financing options and connect to local resources to start or grow your business. 

For a printable PDF Flyer for this event, click here.


Tuesday, March 28, 2013, 5:30-7:30p.m.

CitiBank, 520 Main Street, East Orange, NJ 07018

CBA Graduates $10, Non graduates $15


RSVP Joel Philistin at 201-432-4316 EXT 111, or [email protected]