#RisingTideCapital (RTC) says most of the entrepreneurs it helps succeed are not your typical young, white techie bros. Instead, the business development non-profit’s average entrepreneur is a black, single mother over 40 years old. And these women are making strides as thriving business owners. RTC’s mission is “to assist struggling individuals and communities to build strong businesses which transform lives, strengthen families, and build sustainable communities.” Headquartered in Jersey City, New Jersey, RTC also has a presence in Newark, the South Side of Chicago, Charlotte, and Charleston. Led by co-founder and CEO Alfa Demmellash, the organization says that within two years of graduating from its Community Business Academy, its entrepreneurs “achieve a 112% increase in their business sales, a 58% increase in household income, and a 54% reduction in the use of public assistance.” RTC recently announced the launch of its Urban Entrepreneurship Accelerator. The accelerator will offer participants affordable housing, co-working spaces, and on-site training and support...... READ MORE #nolazinetvweekly (at Chicago, Illinois) https://www.instagram.com/p/B1KT22VHoiu/?igshid=anad12b9n1o6
