New Jersey
Rising Tide Capital’s new Jersey City headquarters is much more than office | ROI-NJ
Rising Tide Capital, a 501(c)(3) nonprofit that has earned nationwide recognition for its efforts to remodel lives and communities via entrepreneurship, celebrated its 18th anniversary by transferring into a brand new headquarters in Jersey Metropolis.
The headquarters, situated within the Greenville neighborhood of Jersey Metropolis at 311 Martin Luther King Jr. Drive, is an progressive four-story constructing that additionally contains inexpensive housing and a brand new inclusive entrepreneurship hub that may present rising founders with the assist and assets wanted to develop sustainable companies that construct their communities.
The constructing contains 5,000 sq. ft of floor ground mission house, school rooms, a courtyard, 10 items of inexpensive housing and a high ground coworking house with views of the New York Metropolis skyline.
The mission was made potential by funding from town of Jersey Metropolis, New Jersey Redevelopment Authority, New Jersey Financial Growth Authority, New Jersey Clear Power, Valley Financial institution and quite a few particular person donors and in-kind assist from varied small companies and native entrepreneurs.
Rising Tide co-founder and CEO Alfa Demmellash stated the constructing represents the group’s success.
“311MLK marks the end result of 18 years of terribly laborious work, dedication and collaboration that may assist us develop and deepen our impression right here at house and past,” she stated. “At a time when funding in bodily areas, notably in traditionally marginalized communities, faces important challenges, Rising Tide Capital believes that group hubs for native entrepreneurs are a vital part for the rebuilding of equitable, resilient and inclusive native economies.
“This constructing is an instance of what’s potential when personal, public and philanthropic companions come collectively to speculate restoratively. I hope many others observe their instance to convey this mannequin of place-based entrepreneurship assist to new ranges of transformative impression.”
Rising Tide stated they hope the headquarters will assist proceed the financial resurgence of the Greenville part.
Jersey Metropolis Mayor Steve Fulop stated Rising Tide has the total assist of his administration and town.
“I’m lucky to have a longstanding relationship with Rising Tide Capital since their earliest days, and, in that point, I’ve been in awe of the unbelievable progress they’ve made in serving Jersey Metropolis’s entrepreneurs and residents throughout the nation,” he stated.
“I’m honored that Rising Tide continues to name Jersey Metropolis their house at 311 MLK Drive. As we speak, we’re celebrating an thrilling milestone in elevating our metropolis’s legacy of inclusivity and alternative.”
Rising Tide primarily works with entrepreneurs from traditionally marginalized communities who’re looking for to start out and develop sturdy companies. The Rising Tide alumni community is comprised of 71% ladies, 93% folks of coloration and 80% are low to reasonable earnings. Inside two years of graduating, Rising Tide’s entrepreneurs obtain a 95% enhance of their enterprise gross sales and a 63% enhance in family earnings.
Along with New Jersey, Rising Tide now operates in California, Florida, Illinois, Kansas, Louisiana, Minnesota, North Carolina, South Carolina, Texas, Virginia, upstate New York and New York Metropolis via partnerships with native nonprofits.
Rising Tide’s signature packages embrace the Group Enterprise Academy, Credit score to Capital and Enterprise Acceleration Companies, equipping entrepreneurs to pursue higher financial safety and ship worth to their communities. The group’s mannequin is exclusive in its give attention to constant assist over time for higher resilience and sustainability.
Rising Tide’s Group Enterprise Academy now contains over 7,500 entrepreneurs with packages delivered in English and Spanish. The group’s work has been acknowledged by President Barack Obama on the White Home, the World Financial Discussion board, CNN and lots of extra.
New Jersey
Latest Snow Predictions For Friday Night Storm In NJ
NEW JERSEY — Snowfall ranging from a light dusting to up to 2 inches is anticipated for New Jersey Friday night into Saturday, though some uncertainty about how the storm could unfold means that amounts may be higher in areas, according to the latest forecast.
Northwest Jersey is expected to see 1 to 2 inches, with “a slushy coating to up to an inch” of snow predicted for the rest of the Garden State, according to the National Weather Service. Light precipitation will come in during the morning into the afternoon, transitioning to mainly snow overnight.
A Hazardous Weather Outlook has been issued for the northeast corner of the state through Friday night, as travel conditions could become slippery.
Find out what’s happening in Across New Jerseyfor free with the latest updates from Patch.
“The danger is the snow can quickly erupt and come down at a steady clip in some areas during the afternoon and evening rush hour on Friday in the Northeast,” AccuWeather Chief On-Air Meteorologist Bernie Rayno said. This includes the metro areas of New York City and Philadelphia, he said.
Forecasters said there is some uncertainty with this storm depending on how it plays out. The National Weather Service called it “a difficult forecast,” and noted that snowfall amounts could be higher than forecast.
Find out what’s happening in Across New Jerseyfor free with the latest updates from Patch.
“Conditions around New York City are tricky,” Rayno said. “They can get a coating to an inch or two of snow from the clipper storm, perhaps a bit more if the coastal storm tracks farther west, or they could be in a rip-off zone where nothing to a few flurries occur.”
Saturday marks the first day of winter, and snow will end by late morning, forecasters say. Cold temperatures will linger through the weekend.
Here’s the latest forecast.
North Jersey
Friday: A chance of rain and snow before noon, then snow likely between noon and 1 p.m., then rain and snow likely after 1 p.m. Cloudy, with a high near 36. Northeast wind 5 to 10 mph. Chance of precipitation is 70 percent. Total daytime snow accumulation of less than a half inch possible.
Friday Night: Rain and snow, becoming all snow after 11 p.m. Low around 29. Northeast wind 5 to 10 mph. Chance of precipitation is 80 percent. New snow accumulation of less than one inch possible.
Saturday: A chance of snow before 1 p.m. Cloudy, then gradually becoming mostly sunny, with a high near 31. Northwest wind 10 to 15 mph, with gusts as high as 30 mph. Chance of precipitation is 40 percent. New snow accumulation of less than a half inch possible.
Saturday Night: Mostly clear, with a low around 14. Northwest wind 10 to 15 mph, with gusts as high as 25 mph.
Sunday: Sunny, with a high near 24. Northwest wind 5 to 10 mph, with gusts as high as 20 mph.
Sunday Night: Mostly clear, with a low around 7.
Monday: Sunny, with a high near 28.
Monday Night: Mostly cloudy, with a low around 18.
Tuesday: A chance of snow. Mostly cloudy, with a high near 35. Chance of precipitation is 30 percent.
Central Jersey
Friday: Rain. High near 39. Northeast wind around 10 mph. Chance of precipitation is 80 percent. New precipitation amounts between a tenth and quarter of an inch possible.
Friday Night: Rain and snow, becoming all snow after 2 a.m. Low around 32. North wind 5 to 10 mph. Chance of precipitation is 80 percent. New snow accumulation of less than one inch possible.
Saturday: A chance of snow before 1 p,m. Cloudy, then gradually becoming mostly sunny, with a high near 33. Northwest wind 10 to 15 mph, with gusts as high as 25 mph. Chance of precipitation is 50 percent. New snow accumulation of less than a half inch possible.
Saturday Night: Mostly clear, with a low around 14. Northwest wind 10 to 15 mph.
Sunday: Sunny, with a high near 26. Northwest wind 5 to 10 mph.
Sunday Night: Mostly clear, with a low around 8.
Monday: Sunny, with a high near 31.
Monday Night: Mostly cloudy, with a low around 18.
Tuesday: Mostly cloudy, with a high near 38.
South Jersey
Friday: Rain. High near 42. North wind around 5 mph. Chance of precipitation is 80 percent. New precipitation amounts of less than a tenth of an inch possible.
Friday Night: Rain before 10 p.m., then rain and snow likely between 10 p.m. and 4 a.m., then a chance of snow after 4 a.m. Low around 31. Northwest wind around 5 mph. Chance of precipitation is 80 percent. New snow accumulation of less than one inch possible.
Saturday: A chance of snow before 1 p.m. Cloudy through mid morning, then gradual clearing, with a high near 36. Northwest wind 10 to 15 mph, with gusts as high as 25 mph. Chance of precipitation is 30 percent. New snow accumulation of less than a half inch possible.
Saturday Night: Mostly clear, with a low around 14. Northwest wind around 10 mph.
Sunday: Sunny, with a high near 27. Northwest wind 5 to 10 mph.
Sunday Night: Mostly clear, with a low around 7.
Monday: Sunny, with a high near 34.
Monday Night: Mostly cloudy, with a low around 18.
Tuesday: Mostly cloudy, with a high near 40.
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New Jersey
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New Jersey
Exclusive: Video shows emergency response to deadly train collision in New Jersey
Thursday, December 19, 2024 10:44PM
Dan Krauth has more on the emergency response.
BURLINGTON COUNTY, New Jersey (WABC) — An exclusive video obtained by Eyewitness News shows the emergency response to a large train collision in New Jersey in October.
A NJ Transit train hit a tree on the tacks, killing the train operator and injuring 23 others.
For the first time, we are seeing the emergency response to what happened.
The train was about 10 miles south of Trenton when it stuck a large tree.
What happened after was captured on police body camera video.
It shows what officers from Mansfield Township first encountered when they arrived on the scene on October 14th.
———-
DO YOU NEED A STORY INVESTIGATED? Dan Krauth, Kristin Thorne, and the 7 On Your Side Investigates team at Eyewitness News want to hear from you! Call our confidential tip line 1-877-TIP-NEWS (847-6397) or fill out the form BELOW.
Copyright © 2024 WABC-TV. All Rights Reserved.
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