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Maintaining a business in these recessionary times is difficult enough. To grow a business in what is arguably the most ethnically diverse county in the country with its ongoing influx of immigrants speaking 150 different languages must require some sort of exceptional service. And That’s precisely the secret to success for the Rosedale Gifted Academy Elementary & Preschool.
Coming from Jamaica at the age of 33 to explore new opportunities, Roseland owner Pauline Brown first tried a career in geriatric nursing. It took only a year for Brown to decide that the profession, with its overnight hours, would not accommodate the lifestyle she desired.
One day, a friend asked her to babysit her two-month old. Subsequently, another friend asked her to watch a three-month-old and another, a five-month-old Brown soon realized she had found her calling and opened a daycare, first in her home, then growing to a rented facility. She now owns that facility and enrollment has grown to 60 children.
Wanting to grow her business further, Brown required a loan with which to acquire additional classroom space. She approached several lending institutions with her proposal to acquire a second building just steps away from the current facility. None of the lenders entertained her proposal, but fortuitously, one of them referred Brown to the York College Small Business Development Center.
The counselors helped Brown tweak her business plan and arranged for several meetings with the GJLDC. The GJLDC ultimately extended Brown a $150,000 loan at an extremely attractive 5 percent interest rate. The capital infusion allowed Rosedale to grow its space by 25 percent and will accommodate enrollment to over 100 and hire five new employees in addition to its current roster of 14.
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