Rhys PowellCohort 3Red RabbitHarlem 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.
LaGuardia Community College will work with a Community Development Financial Institution (CDFI), to provide loans to local businesses. Through the partnership, loans will be available to qualifying small businesses that lack access to affordable capital or that do not qualify for traditional sources of credit.