“We hope this challenge will serve both as a platform to showcase the best of what small business has to offer, as well as a helping hand to entrepreneurs looking to get their next big idea off the ground,” Cummings said.
Jersey City, NJ (PRWEB) October 19, 2015
Investors Bank has invested $25,000 in Rising Tide Capital (RTC) and their Start Something Challenge (SSC) to continue the empowerment of small business owners around Northern New Jersey.
“We are proud to support Rising Tide Capital’s Start Something Challenge,” said Investors Bank President and CEO Kevin Cummings. “Small business owners are such an integral part of our state and country’s economy, so we are grateful for the opportunity to get behind a program that helps them.”
Rising Tide Capital’s SSC—a business pitch competition, gives entrepreneurs an opportunity to pitch their business ideas in front of a panel of acclaimed judges for a chance to win prizes towards their businesses. Focused on "putting the community back into community banking," and improving the quality of life in the communities they serve, Investors Bank demonstrates its commitment to community development by sponsoring the Start Something Challenge and Champions Gala—a celebration of the challenge finalist and fundraiser for RTC’s Community Business Academy (CBA), their signature 12-week business management program .
“We hope this challenge will serve both as a platform to showcase the best of what small business has to offer, as well as a helping hand to entrepreneurs looking to get their next big idea off the ground,” Cummings said.
Mr. Cummings will be honored at the 2015 Start Something Champions Gala hosted by Rising Tide Capital, November 5 at the Liberty House in Jersey City.
About Investors Bank
Headquartered in Short Hills, N.J., Investors Bank, which is one of the largest regional banks based in the Garden State, was founded in 1926. With more than $20 billion in assets, the Bank has a network of over 135 retail branches located in New Jersey and New York City as well as on Long Island. Investors’ consumer banking services include deposit products, online and mobile banking services, home equity loans and lines of credit, personal investing programs, and a full array of home mortgages.
Serving the business community, Investors provides deposit accounts, cash management services, business loans, and commercial financing solutions to small and middle market companies, professional services firms, municipalities, non-profits, healthcare practices, and many business organizations.
Investors is a member of the FDIC and an Equal Housing Lender.
Investors Bank’s website is http://www.myinvestorsbank.com, and the Bank can be followed on Facebook and Twitter.
About Rising Tide Capital (RTC)
RTC is a Jersey City-based nonprofit organization founded in 2004 by Harvard graduates Alex Forrester and Alfa Demmellash. RTC helps entrepreneurs start and grow successful businesses by providing a 12-week Community Business Academy—supplemented by year-round workshops, coaching and networking events. These programs are currently offered in Spanish and in English in four cities across Northern New Jersey: Jersey City, Newark, Union City, and Orange Township. As of June 2014, 1114 entrepreneurs have graduated from the CBA and together, they operate 515 businesses in New Jersey. RTC’s model of entrepreneurship development has received national recognition from President Obama to CNN Heroes.
To learn more, visit http://www.RisingTideCapital.org.