December 06, 2022

Fortitude Re Launches “Fortitude Re For Good” and Commits to Long-Term Partnership with Rising Tide Capital

Fortitude Re, through its newly launched charitable arm Fortitude Re For Good, has committed strategic investments to align with non-profit organizations across its three locations in Jersey City, Nashville and Bermuda. Fortitude Re will focus its resources into community based organizations that align with its mission, vision and core values to ensure maximum impact.

As part of the Fortitude Re For Good initiative, the Jersey City Office has committed to continuing its long-term relationship with community partner Rising Tide Capital, an innovative Jersey City based non-profit organization providing small business development services to entrepreneurs in disadvantaged communities. With a multifaceted donation, Fortitude Re’s 2022 efforts will reinforce support services for low-income women and minority entrepreneurs around issues of business growth and resilience, including accessing financial capital and strategies to navigate the changing landscape of business in a post-COVID economy. Additionally, Fortitude Re has committed to support Rising Tide’s Community Business Academy through individual volunteering opportunities and larger group volunteer events in Jersey City.

“We are thrilled to have Fortitude’s financial support and talented volunteers as we advance our mission,” said Jamie Rudolph, Rising Tide Capital’s Director of Development. “Our entrepreneurs and their businesses are the bedrock of thriving local economies and Fortitude Re joining our community of funding partners who are committed to inclusive economic growth and flourishing is exactly what is needed at this time.”

“At Fortitude Re we embrace diversity through active engagement and teamwork driving individual and organizational success. We proudly support organizations in our communities focused on the importance of economic equality, equity, inclusion, criminal justice reform and human rights. What excites us about Rising Tide Capital is that we genuinely feel that our Core Values of “Embrace Diversity and Teamwork” as well as “Act Like An Owner” align fundamentally with the vision and purpose of Rising Tide Capital,” said Eileen Grunert, Fortitude Re for Good Jersey City Office Chairperson.

About Rising Tide Capital
Established in 2004, Rising Tide Capital, Inc. is a non-profit organization located in Jersey City, NJ whose mission is to transform lives and communities through entrepreneurship. Rising Tide Capital provides business development services designed to transform lives by helping individuals start and grow successful businesses; build communities through collaborations with other non-profits, higher education institutions, corporations, and public agencies; and create a scalable program model with measurable impact which can be replicated in communities of need across the U.S. The organization works with over 900 entrepreneurs per year in NJ in two languages, and has replication partners applying its model in 11 states around the country.

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