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Entrepreneurship in Cape

Cape’s future economy will rely heavily on entrepreneurship. Fortunately, when I speak with other small metro market leaders, it’s clear this is one area where we really shine. Cape has a rich history of entrepreneurs. Today, the heartbeat of that activity is in the Marquette Tech District and nothing exemplifies this more than the 1st50k Startup Competition.

Since 2015, there have been four winners chosen from over 250 applicants representing 31 states and 39 countries. Edible Education, one of the recent recipients, now based out of Codefi, went on to win the Delta Challenge pitch competition and is projected to hit $1 million in sales this year. They have also added to the team retired White House chef, Quincy Jackson, who served under Presidents Obama, Bush and Clinton.

All the applicants and recipients are very impressive, but what really sets us apart is the incredible group of individuals who have come together to create the entrepreneurial ecosystem.  Our culture of entrepreneurship has been built by entrepreneurs themselves, many of whom are choosing to take time away from successful businesses to be a part of it. They see a future most don’t yet see and believe Cape can play a substantial role. And I believe they’re right.

The fourth round of the 1st50k competition is currently underway. Applications must be submitted by May 31. Pitch Day is planned for July 28 as the finale of the second annual TechWeek. 

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