Rising Tide Entrepreneur Wins $1,500 in Seed-Funding through Plan & Pitch Competition
February 5, 2013—Jersey City Resident Nicole Rivers won the $1,500 first prize for her business, One Third Tribal, in Rising Tide Capital’s Plan & Pitch Competition held at the Hudson County Community College on Saturday. She was one of 19 entrepreneurs who participated in the day-long event which also included a pitch tutorial and intensive one-on-one coaching with business professionals from the local community.
“I’m flabbergasted, surprised, and really, really excited,” said Rivers, after hearing that she won the prize money which she plans to invest in her company’s marketing plan.
CEO of Conceptions Event Planning Serette Louissaint won the second place prize of $750, and CEO of Myrtle and Flossie Maternity Nia Reid-Allen won third ($500).
From an early age, Rivers demonstrated a love for the arts. She grew up painting and drawing, and in high school, developed a reputation for her unique accessories which she created by thrifting and salvaging hardware. Her talent brought her successes including a degree from the Fashion Institute of Technology and jobs at several fashion companies including Ralph Lauren and Calvin Klein, but Rivers dreamed of starting her own business. On December 2011, she did just that when she launched One Third Tribal- a full service interior design company which fuses “global influences and polished styling”.
“While I was confident about my skills, I realized I needed help on the business side of One Third Tribal,” said Rivers. Through a friend’s recommendation, she learned about the entrepreneurship development nonprofit Rising Tide Capital and its 12-week Community Business Academy. When she found out that the $3,000 class was offered tuition-free to entrepreneurs who made it through an application process, she decided to give it a try.
Earlier this year, Rivers was one of 85 entrepreneurs to successfully graduate from the program and join Club CEO, a network of nearly 650 entrepreneurs in New Jersey and beyond. As a graduate, Rivers receives access to coaching, workshops and special events like the Plan & Pitch Competition.
“I would highly recommend this program to anyone who’s thinking of starting their own business, or is struggling with one they started already,” said Rivers.