12/7/2010 Media Release
Second Annual Cade Prize for Innovation Application Deadline Extended to January 7, 2011
Entrepreneurs, inventors and innovators are encouraged to apply
Contact: Dorrie Hipschman Executive Director 352-381-7100 firstname.lastname@example.org
GAINESVILLE, FL - The Cade Museum Foundation is delighted to announce that it has extended the application deadline for the 2011 Cade Prize for Innovation until NOON on Friday, January 7, 2011. Additional financial support for the four finalists has also been added!
2011 marks the second year of the Cade Prize for Innovation, a competition to recognize and encourage Florida innovators. The 2011 CADE PRIZE consists of a $50,000 cash award, funded through a generous grant from the Gainesville Community Foundation, and one year free membership and office space with the Gainesville Technology Enterprise Center (GTEC) incubator program, provided by the Gainesville Area Chamber of Commerce and Council for Economic Outreach, through the Innovation Gainesville program. Additionally, this year, the second, third and fourth place finalists will each receive $5,000 in seed capital.
"The Cade Prize for Innovation provides recognition and financial incentive to encourage the work of inventors and early-stage entrepreneurs. The judges will consider, among other criteria: how the Cade Prize will help applicants continue to innovate, applicants' capacity to launch their ideas, the interdisciplinary nature of the ideas; and the significance of the ideas within their fields." – Phoebe Cade Miles President, Cade Museum Foundation Board
The goal of the competition is to strengthen and develop the long-standing culture of innovation inGainesville and throughout Florida and to harness the tremendous job-creating potential of the numerous ideas springing forth from this region every day. Last year’s competition drew more than 100 entries from around Florida and was won by Tutor Matching Service, an innovative way to match instructors and students worldwide. The other finalists included a cancer early-detection device, a water treatment invention, and a new type of environmentally-friendly plastic. Applicants from Florida are encouraged to apply. The application deadline is NOON on Friday, January 7, 2011. The winner will be announced on Cade Prize Night; a gala event on May 12, 2011. Additional information is available at CadeMuseum.org, or via email at CadePrize@cademuseum.org.
“We encourage start-up groups to apply. We’ve done our best to make the process easy and useful for small companies in many different fields. Whether you’re a finalist or not, the application process should help improve your business. Many of last year’s semi-finalists were exposed to venture capitalists, angel funders and the opportunity to connect with other inventors.” – Dorrie Hipschman Executive Director, The Cade Museum Foundation
The Cade Prize is made possible through a generous grant from the Gainesville Community Foundation as well as support from the Gainesville Area Chamber of Commerce, Gainesville Council for Economic Outreach and the Gainesville Technology Center.