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Waterfront Ventures is part of a significant push to create opportunities that will continue to build on the momentum created by larger developments in the city. Partnering with Cooper’s Ferry, the city, and private sector businesses, the organization is embracing the city’s potential as a viable tech hub. They aspire to bring 100+ tech companies to Camden as part of an initiative to transform the city into a tech destination on the East coast.
Recently, the group sponsored Camden Catalyst, a startup pitch competition created to help new businesses stage their headquarters and future successes in Camden. The competition aimed to attract innovators from both sides of the bridge to come up with an idea, pitch it, and build their successful company in the city limits. The winner received $25,000 plus perks and support from Waterfront Ventures.
The Catalyst drew more than 100 applicants. Each of these potential startups pledged to stay in Camden for at least three years, and have 50% of their workforce from the city itself. Tech leaders from across the river in Philadelphia also pitched in with support for the cause.
On October 14th at the Adventure Aquarium, four finalists made their pitches to a panel of judges with a wide array of tech experience in Philadelphia and Camden. “It’s great to see how excited startups and businesses are to learn about Camden and be a part of the development,” said Khai Tran, CEO of Waterfront Ventures. “With Camden Catalyst, we can provide an opportunity for startups to consider Camden as their new home, hire in the city, as well as bring the community together in the interest of our city’s future. That’s what we’re most excited about.”
The grand prize of the evening went to Invincible City Farms, which also includes a year of space with Waterfront Labs- along with additional startup services to further its mission to grow both produce and jobs for Camden’s residents. Founded by Camden native, chef and restaurateur Fredric Byarm, Invincible City Farms aims to reverse Camden’s status as a food desert by providing organic, farm-to-table fruits and vegetables to residents while employing them to do the work.
The other three finalists were Denial Flow, Engageathon and Linked Noodle. While there was only one winner at the aquarium that night, Camden ends up the biggest winner of all with such a bright tech future in the midst.
To learn more go to https://waterfrontventures.co/

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