Cape Girardeau chosen to host new entrepreneurship program

Cape Girardeau chosen to host new entrepreneurship program

CAPE GIRARDEAU, MO (KFVS) - Sometimes a little caffeine is all you need to get creativity flowing.

An entrepreneur network is taking that to the next level.

It's called "1 Million Cups" and the entrepreneur mentoring program is set to hit Cape Girardeau in a few weeks.

Cape is the 65th and smallest city in the country to be chosen to participate.

Starting Nov. 12, ideas will be tossed around in a new space downtown.

Codefi, the new co-working development, will host the event as entrepreneurs pitch their ideas to mentors and funders.

And Codefi co-founder James Stapleton says studies show new business is where you see growth.

"We also know from years of research now that jobs are really coming from new companies," said Stapleton. "Not from existing companies or companies moving into Cape Girardeau, but from new companies that are started here. So our excitement about this is just trying to help more entrepreneurs get more answers and get more help so that they can be successful in starting those business that'll create those job."

Stapleton added that as an entrepreneur, he knows first-hand the importance of an experienced mentor helping you along the way.

"The great thing about 1 Million Cups is it's this great positive environment for aspiring entrepreneurs to come and not feel threatened that they're going to get negative feedback about what they're trying to do. And the thing that really turned us on about it is that we know as experienced entrepreneurs that mentorship is really important. There's just a ton of questions entrepreneurs have especially if you haven't done this before that only other entrepreneurs really know the answers to."

It's competitive to get your foot in the door though.

First, entrepreneurs must apply online and be invited to present.

But once you break that threshold, a network of experience awaits.

Copyright 2014 KFVS. All rights reserved.