Connect with us

Rhode Island

Providence startup founder looks to build equity for Black-owned brands, one gift box at a time – The Boston Globe

Published

on

Providence startup founder looks to build equity for Black-owned brands, one gift box at a time – The Boston Globe


How does this fit into your own background?

Professionally, I’ve come up in the digital startup world and have worked in the gifting industry. I’ve always worked in e-commerce and the digital payment space. A few years ago, I also launched a blog called Crumb Snatched, which is a food blog I created out of a need I saw to write Cape Verdean recipes for Cape Verdean Americans. I’ve learned a lot of new skills running that blog that are helping me with Boxed in Black. And, I also do some freelance consulting on the side that helps me sustain myself personally.

A specialty box from Boxed in Black.Crystal DaCruz

Your brand focuses on “premium and ultra-high end” products. Why is that?

Advertisement

There’s this notion that if a business is Black- or brown-owned, then everything is handmade or they’re very small. I wanted to bring to light that there are some beautiful, established brands out there that are founded and championed by people of color.

Right now, we’re mostly selling premium products. “Luxury” means different things to different people. We’re not yet “ultra-high end” but will get there as we grow.

Are there any local brands you’re featuring in the boxes?

We don’t specifically focus on New England-based products.

What are some of the brands you’re spotlighting?

Advertisement

We have a brand called Nopalera, which is owned by a Latin-American woman that has created a beautiful line of Mexican skin and hair care products. Cloth & Paper is a luxury stationary company that sells planners and other desktop essentials that’s Black-owned and founded. Teaspressa is owned by a woman who is Black and Korean who creates tea that honors her heritage in a really beautiful way.

Do you have investors? Have you done any fundraising?

I’ve been able to fund this mostly by myself with the help of a five-digit investment from a family member. I’ve won two pitch competitions, received some grants, and expect to win a third grant by the end of this year. I don’t have any formal investors, angel investors, or venture capital firms that are involved. I don’t want to dilute my equity too much, and I have not at all thought of having any sort of “exit plan.” I’ve actually been told that my business is not venture backable, but I don’t think we know enough about what this business can be to say that definitively. With that being said, I’m certainly not threatened by or discouraged by the fact that some in the venture capital world do not want to be involved.

Crystal DaCruz said she has self-funded Boxed in Black, other a five-digit investment from a family member.Crystal DaCruz

What challenges are you facing?

Managing everything myself. I have a designer that helps with web design, but it’s really hard to consistently promote your brand, get it in front of people who are your target audience, focus on business development, and create all of the content.

Advertisement

What are your goals for the next year? What about the next five years?

For the next year, I want to grow my email list. I also want to roll out a gifting tool so people can create their own gift boxes.

My primary goal is really building out the business to business relationships for the corporate gifting side of the company. I’d like to hit $1 million in revenue by Year 3. If not by Year 3, then definitely by Year 5. I know it’s not an easy goal, but I think the company has a lot of potential to get there.


The Boston Globe’s weekly Ocean State Innovators column features a Q&A with Rhode Island innovators who are starting new businesses and nonprofits, conducting groundbreaking research, and reshaping the state’s economy. Send tips and suggestions to reporter Alexa Gagosz at alexa.gagosz@globe.com.


Alexa Gagosz can be reached at alexa.gagosz@globe.com. Follow her @alexagagosz and on Instagram @AlexaGagosz.





Source link

Advertisement

Rhode Island

Attorney General Neronha endorses Democrat Helena Foulkes for Rhode Island Governor

Published

on

Attorney General Neronha endorses Democrat Helena Foulkes for Rhode Island Governor


Rhode Island Attorney General Peter Neronha endorsed Democrat Helena Foulkes in her bid for Rhode Island Governor on Thursday.

Neronha spoke at a campaign event with Foulkes.

The term-limited Attorney General says he hadn’t been comfortable endorsing people because of his position.

Neronha said he had gotten to know Foulkes after she reached out to him about health care, an issue Neronha has been vocal about.

Advertisement

“I found Helena to be a great listener, a great thought partner, a person of integrity and character, and that is foremost why I’m endorsing her today,” he said.

“What Rhode Island needs today and into the future is strong capable leadership,” he said. “This is not a state that can afford to keep muddling around in the four, eight, ten, fifteen years.”

He said Foulkes could offer bold leadership.

Neronha has publicly admitted to having a strained relationship with Gov. Dan McKee.

Comment with Bubbles
Advertisement

JOIN THE CONVERSATION (1)

This story will be updated.



Source link

Continue Reading

Rhode Island

RI Lottery Powerball, Numbers Midday winning numbers for March 4, 2026

Published

on


The Rhode Island Lottery offers multiple draw games for those aiming to win big.

Here’s a look at March 4, 2026, results for each game:

Winning Powerball numbers from March 4 drawing

07-14-42-47-56, Powerball: 06, Power Play: 4

Check Powerball payouts and previous drawings here.

Advertisement

Winning Numbers numbers from March 4 drawing

Midday: 2-7-4-4

Evening: 7-6-0-2

Check Numbers payouts and previous drawings here.

Winning Wild Money numbers from March 4 drawing

08-11-12-18-24, Extra: 15

Check Wild Money payouts and previous drawings here.

Advertisement

Winning Millionaire for Life numbers from March 4 drawing

12-13-36-39-58, Bonus: 03

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

  • Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
  • Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
  • Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.

When are the Rhode Island Lottery drawings held?

  • Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
  • Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
  • Lucky for Life: 10:30 p.m. ET daily.
  • Millionaire for Life: 11:15 p.m. ET daily.
  • Numbers (Midday): 1:30 p.m. ET daily.
  • Numbers (Evening): 7:29 p.m. ET daily.
  • Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.



Source link

Advertisement
Continue Reading

Rhode Island

Ranking Rhode Island’s Most Popular Charity License Plates – Rhode Island Monthly

Published

on

Ranking Rhode Island’s Most Popular Charity License Plates – Rhode Island Monthly


When it comes to expressing ourselves, Rhode Islanders have elevated license plates to an art form. You might not be able to get a new vanity plate — the state suspended applications in 2021 after a judge ruled a Tesla owner could keep his FKGAS plates — but you can still express your Rhody pride with one of seventeen state-approved charity plates. The program has funded ocean research, thrown parades, saved crumbling lighthouses and even provided meals for residents. About half of the $43.50 surcharge goes to the associated charity, while the other half covers the production cost.

________________________

License plate images courtesy of the Rhode island division of motor vehicles.

Atlantic Shark Institute

Year first approved: 2022

Advertisement

Plates currently on road: 7,007

Total raised: $269,530

________________________

Plum Lighthouse

License plate images courtesy of the Rhode island division of motor vehicles.

Friends of Plum Beach Lighthouse

Year first approved: 2009

Advertisement

Plates currently on road: 5,024

Total raised: $336,890

________________________

Wildlife

License plate images courtesy of the Rhode island division of motor vehicles.

Wildlife Rehabilitators Association of Rhode Island

Year first approved: 2013

Advertisement

Plates currently on road: 2,102

Funds raised: $32,080

________________________

Rocky Point 1

License plate images courtesy of the Rhode island division of motor vehicles.

Rocky Point Foundation

Year first approved: 2016

Advertisement

Plates currently on road: 1,616

Funds raised: $50,450

________________________

Food Bank

License plate images courtesy of the Rhode island division of motor vehicles.

Rhode Island Community Food Bank

Year first approved: 2002

Advertisement

Plates currently on road: 765

Funds raised since 2021: $11,060*

*Prior to 2021, customers ordered plates directly through the food bank, and total revenue numbers are not available.

________________________

Patriots

License plate images courtesy of the Rhode island division of motor vehicles.

Advertisement

New England Patriots Charitable Foundation

Year first approved: 2009

Plates currently on road: 1,472

Funds raised: $136,740

________________________

Conservation

License plate images courtesy of the Rhode island division of motor vehicles.

Advertisement

 

Audubon Society of Rhode Island and Save the Bay

Year first approved: 2006

Plates currently on road: 1,132

Funds raised: $61,380 for each organization (proceeds split evenly)

Advertisement

________________________

 

Bruins 1

License plate images courtesy of the Rhode island division of motor vehicles.

Boston Bruins Foundation

Year first approved: 2014

Plates currently on road: 1,125

Advertisement

Funds raised: $36,880

________________________

Beavertail

License plate images courtesy of the Rhode island division of motor vehicles.

Beavertail Lighthouse Museum Association

Year first approved: 2023

Plates currently on road: 1,105

Advertisement

Funds raised: $37,610

________________________

Fourth Of July

License plate images courtesy of the Rhode island division of motor vehicles.

Bristol Fourth of July Committee

Year first approved: 2011

Plates currently on road: 1,104

Advertisement

Funds raised: $17,640

________________________

Red Sox

License plate images courtesy of the Rhode island division of motor vehicles.

Red Sox Foundation

Year first approved: 2011

Plates currently on road: 860

Advertisement

Funds raised: $88,620

________________________

Gloria Gemma

License plate images courtesy of the Rhode island division of motor vehicles.

Gloria Gemma Breast Cancer Resource Foundation

Year first approved: 2012

Plates currently on road: 1,510

Advertisement

Funds raised: $33,360

________________________

Pc Friars

License plate images courtesy of the Rhode island division of motor vehicles.

Providence College Angel Fund

Year first approved: 2016

Advertisement

Plates currently on road: 693

Funds raised: $23,220

________________________

Rose Island

License plate images courtesy of the Rhode island division of motor vehicles.

Rose Island Lighthouse and Fort Hamilton Trust

Year first approved: 2022

Advertisement

Plates currently on road: 383

Funds raised: $10,640

________________________

Ponham Lighthouse

License plate images courtesy of the Rhode island division of motor vehicles.

Friends of Pomham Rocks Lighthouse

Year first approved: 2022

Advertisement

Plates currently on road: 257

Funds raised: $7,580

________________________

Portugal

License plate images courtesy of the Rhode island division of motor vehicles.

Day of Portugal and Portuguese Heritage in RI Inc.

Year first APPROVED: 2018

Advertisement

Plates currently on road: 132

Funds raised: $3,190





Source link

Continue Reading

Trending