Rising Tide Capital, Inc.
We work with over 1,000 entrepreneurs per year. Within two years, these entrepreneurs achieve an average 95% increase in business sales and 68% increase in household income.
We invest in the success of African-American entrepreneurs by providing hands-on training and coaching in business management and planning through our signature programs: The Community Business Academy and Business Acceleration Services. These programs provide a continuum of business development services that are distinct from much of the existing technical assistance/accelerator field by having a specific mission focus and corresponding program design that focuses intentionally on low-income women and minority entrepreneurs. Rising Tide Capital's (RTC) programming is a human capital investment into the entrepreneur, serving as a long-term, permanent contribution into the success of the entrepreneur's current and future business endeavors.
Mission
We are committed to the economic empowerment of low-income communities through entrepreneurship. Our mission is to assist low-income entrepreneurs and communities to build strong businesses that transform lives, strengthen families and create vibrant, sustainable neighborhoods. Our vision is to create a replicable model for high-quality entrepreneurial development services that can be locally adopted in low-income communities across the country and used as a catalyst for social and economic empowerment.
Type of Organization
- Community Economic Development Organization
- Nonprofit Organization
Locations Served
- Jersey City and Newark, New Jersey
- Chicago, Illinois
- Charleston, South Carolina
- Charlotte, North Carolina
Key Programs and Initiatives
- Community Business Academy
- Business Accelerator Services
Types of Offerings
- Capital
- Entrepreneurial Training
- Workshops
- Matchmaking/networking opportunities
- 1 to 1 business advising
- Business incubation
- Cohort Training Programs
- Certification assistance
- Supplier/Procurement Support
Program Delivery
- Hybrid (in person/virtual)
- In Person
- Virtual
Members of the Black Community Served
- Immigrants
- Returning Citizens/Formerly incarcerated
- Women
- Veterans
- 65+/Senior Citizens
Locations of Members of the Black Community Served
- Low-income areas
- Urban areas
Targeted Entrepreneur Segments
- Business Services
- Construction
- Manufacturing
- Wholesale & Retail Trade
- Accommodation & Food Services
- Transportation & Logistics
- Media & Publishing
- Health Care & Social Services
- Technology & Software Development
Business Stage
- Start Up : a young business that is just beginning to develop and determine a market fit.
- Stay Up : a business that has determined its market fit, but its product/service has not been validated nor has it achieved sustainability.
Cost of Programs
- Sliding scale based on income. Anywhere from $50-$295