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Rising Tide Capital's News, Events, and Community Voices
VOL 46  May 2014 



More than 120 Entrepreneurs to Graduate in June 


Entrepreneurs Receive Assistance Perfecting Their Business Pitch


RTC Opens Newark Office!


Rising Tide Entrepreneurs Receive Opportunity to Save $5,000 


CBA Graduates on the Rise 


RTC In the News 



Our Spring Calendar


The Community Business Academy Graduation

June 3, 2014 @ 6PM


Upcoming CBA Information Sessions

June 10, 2014 @ 6PM- 500 Broad Street, Newark NJ  

June 16, 2014 @ 6:30PM- 121 Newark Avenue, Jersey City, NJ  

June 17, 2014 @ 6:30PM- 800 31st Street, Union City, NJ


 2014 Plan and Pitch Competition  

June 14, 2014 @ 6PM   

Saint Peter's University


SSC Video Pitch Tutorial

June 18, 2014 @6:30PM

The Culinary Conference Center at HCCC, 161 Newkirk Street, Room 508, Jersey City, NJ 07306

Cost: FREE    



SSCRising Tide Capital Announces $30,000 Business Pitch Competition 
This month we launched the third annual Start Something Challenge, a chance for qualified New Jersey entrepreneurs to win up to $30,000 in cash and prizes as well as networking opportunities, business visibility and the opportunity to perfect an elevator pitch. Micro-business owners can submit 30-second videos and a business description to enter into the challenge starting June 16 to July 3.

If you or someone you know is a New Jersey resident over 18 years old operating a business earning less than $250,000 annually, or has a strong business idea click here to learn how to start something!

graduationMore Than 120 Entrepreneurs to Graduate From the CBA in June
The Spring 2014 Community Business Academy graduation will take place on June 3 at the Goldman Sachs building in Jersey City, NJ! We are so proud of our recent graduates who will join our ever-growing alumni network which currently includes 838 entrepreneurs.
pitchEntrepreneurs Receive Assistance Perfecting Their Business Pitch 

Last Thursday, we held our annual Pitch Tutorial to help Rising Tide Entrepreneurs work on perfecting their business pitch in time for the 2014 Plan & Pitch Competition. Each entrepreneur had a chance to practice their pitch and receive feedback by working one-on-one with a volunteer.



newaRising Tide Capital Opens Newark Office 

To better serve entrepreneurs in Essex County, we recently opened an office location in Newark! Feel free to drop by and visit Assistant Director Keith Dent in our shared space with Forward Ever Sustainable Business Alliance.

We are excited to have our first home in Newark
at the Dryden Mansion located at 59 Lincoln Park! 
IDARising Tide Entrepreneurs Receive Opportunity to Save $5,000 for Business
Through our partnership with United Way of Essex and Hudson County we can provide income-qualified entrepreneurs with access to their Individual Development Accounts (IDAs) savings program. Entrepreneurs like Astara D' Antonio can work with a Financial Empowerment Coach to develop a budget and set goals, establish regular savings habits and raise $5,000 in total savings towards sustaining and growing their businesses.

"I'm excited to learn how to change the way I project and spend money, while saving to purchase a physical location for my thrift shop. Without this opportunity, I wouldn't have the funds to open the store this soon," said  Astara.

Learn more here
cbagradsCBA Graduates on the Rise

Nicole Silva of DollyMoo and 2nd place winner of the Start Something Challenge, recently entered a partnership that will allow her to sell her organic body products in four Wholefoods store locations! Congrats to our soon-to-be CBA graduate on this major accomplishment!   




Rising Tide Entrepreneur Receives Six Credits To Complete Degree
Just two weeks ago, Rising Tide Entrepreneur Michael Grant graduated with honors from Saint Peter's University with a Bachelors in Urban Studies. Thanks to our partnership with Saint Peter's University he  received six credits through prior learning experience, saving over $5,000, to complete his degree. He encourages other entrepreneurs to take advantage of this opportunity!

RTC In the Newsrtcinthenews

 Rising Tide Capital to open its pitch competition application in June: Brick City live highlighted the beginning of the Start Something Challenge

Rising Tide Capital Announces Start Something Challenge: American Entrepreneurship informed their readers of the details of the business pitch competition and last year's winners.

Rising Tide Capital lifts undeserved entrepreneurs: Bank of America recently highlighted Rising Tide Capital on their website as the recent recipients of the Neighborhood Builder Award.
MomFrom A Mother to Another: Six Time Management Tips

Nia Reid Allen is the founder and CEO of Myrtle & Flossie, a one-stop online boutique that offers body products, essential baby items and fashionable clothing for before, during and after pregnancy. She contributed a blog post to help other mompreneurs balance catering to family needs while dedicating time to growing their businesses.

  1. Take care of priorities first.  
  2. Working in an open and clean work space is ideal! Cluttered space means a cluttered mind.
  3. What I have learned via my growing pains in starting my own business, is that it is best to get all of my house duties, family priorities, and personal tasks completed first. Then I have more time to complete my business tasks. It's about working smarter not harder and maximizing your time.
  4. Complete one task at a time. Rome was not built in a day
  5. Set up a schedule or some sort of calendar of daily business activities and only complete the tasks allocated for the specific day.
  6. The beginning stage of owning your own business is a one man show. You have to prioritize to get anything done and use your time effectively so that you are not wasting any of it.  

AEOSeven RTC Staff Members Attend AEO Conference in New Orleans  

Earlier this month seven members of the RTC staff traveled to New Orleans for the annual AEO Conference. They networked with fellow industry professionals from within the microbusiness industry and attended valuable workshops, learning about recent research findings, the new economy, and available opportunities. Upon their return they reflected on their experience and what they learned.

Click here to learn more

"I always enjoy networking with all of the other organizations in our industry at the AEO conference! This conference played an integral part in the way Rising Tide Capital has developed, just because we were able to connect to so many wonderful organizations when we were first starting out. This is why I was especially happy to see Hal Bowling from Launch Chattanooga in Tennessee, and Joel Hamernick from Sunshine Enterprises in Chicago, organizations that we've worked with to grow their own microbusiness development programs in their communities," said Alfa Demmellash.


"As a frequent attendee at AEO over the years I have watched the reputation of RTC grow from an up and coming newbie to one of the recognized regional leaders in the field. At one panel on innovations in micro lending I realized that we are working with two of the three significant innovators in the field, the Intersect Fund and," said Jay Savulich. 

What's New on MLK Drive?whatsnew

RTC Welcomes New Team Members!   

  • Our new team members Milaury Hererra and Tammie Reid are already in full gear as we finish grant proposals and get ready for graduation. Read more about their work by clicking here.
  • Congratulations Programs and Community Outreach Assistant, Russell Borenstein-Burd on receiving a full time position as Spanish Language Programs Coordinator.  
  • Join us in welcoming our new Programs Outreach intern Margaret Strauss. She is a rising senior at Villanova University, pursuing a BA in Global Interdisciplinary Studies, with a minor in French.  
  •  The entire RTC team recently took a fun-filled trip to Funplex in East Hanover, NJ to play laser tag and do some team-building!   

Get To Know Co founder and CEO Alfa Demmellash     


1) Who inspires you?

 My grandfather! At age 90 he founded and is still running a school for his village in Ethiopia. It teaches over 470 students of all ages, including early childhood instruction, that otherwise wouldn't have a chance at education. He is one of the most progressive social entrepreneurs I've ever met!  


2) What do you love to do on the weekends?

I enjoy reading and going to the park to play with Noah.   


3) What's your hidden passion?  

I love to draw, dance, read Shakespeare and listen to NPR during my morning drives.


4) What's one song that belongs on the playlist to your life?

Up to the Mountain by Crystal Bowersox    


5) What's an RTC product or service you can't live without?

I frequently use Cazz Flemming's Cassalena Rey bronzer, my purse from Urban Heirlooms and after an out-of-state meeting, Top Cat car service from the airport!


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