Access to Capital

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Rhys Powell
Cohort 3
Red Rabbit
Harlem

Rhys increased the number of K-12 schools in New York where Red Rabbit provides healthy meals to children from 30 to 70. He added 31 new hires to his staff of 13 and moved his company from an 800 square-foot space to a new 10,000 square-foot space. From 2010-2011 revenues doubled, surpassing the $2 million mark.

Access to Capital:

LaGuardia Community College will work with Seedco Financial Services, Inc., a Community Development Financial Institution (CDFI), to provide loans to local businesses. Through the partnership with Seedco Financial, loans will be available to qualifying small businesses that lack access to affordable capital or that do not qualify for traditional sources of credit.

To apply for a Goldman Sachs 10,000 Small Businesses loan through Seedco Financial please click here.

Applications are accepted on an ongoing basis, independent of acceptance into the business and management education program at LaGuardia Community College.