Alfa Demmellash: Transforming Lives and Communities Through Entrepreneurship

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Above: Alfa Demmellash, Founder and Chief Executive Officer of Rising Tide Capital, develops entrepreneurship programs. (Tadias.com)

New York (Tadias) – After graduating from Harvard University, Alfa Demmellash launched Rising Tide Capital, a non-profit based in Jersey City that develops and implements entrepreneurship programs focusing on women, minorities, immigrants and other socio-economically underserved communities. Since its inception in 2004, Rising Tide Capital has successfully helped approximately 400 entrepreneurs in New Jersey to build small businesses. Nearly 70% of Rising Tide Capital clients are women and over 90% are minorities. In 2009 Alfa Demmellash was featured as a CNN hero. President Obama also cited Rising Tide Capital’s influential work and stated: “If we empower organizations like these, think about the number of young people whose lives we can change, the number of families whose livelihoods we can boost, the number of struggling communities, we can bring back to life.”

“Did you know? The phrase “a rising tide lifts all boats” is often used to describe a top down approach to economic revitalization” states the non-profit’s web site. “But we believe it is important to help entrepreneurs see the tide and build strong boats that could rise with it – hence our name Rising Tide Capital.”

Below is our interview with Founder and Chief Executive Officer Alfa Demmellash as she discusses her work to build and support small business owners through entrepreneurship training… Read the full interview on Tadias.com