Santa Clara University launched CAPE (California Program for Entrepreneurship) in 2010 as an initiative of the Leavey School of Business. The goal of the program is to get businesses of all types up and running in California. In its first four years, CAPE has graduated 95 entrepreneurs representing 83 ventures. Of those, more than 85% are still active and growing businesses or have been sold.
Their goal is to give a California resident, who has a good idea and plan for a product or service, the tools to develop and launch a business. CAPE will be accepting applications from March 3 through May 31.
There are many entrepreneurship programs in Silicon Valley. CAPE is unique.
- Unlike most programs, CAPE is free. There is no cost to participate in the program.
- CAPE does not take an equity interest in the businesses it helps to launch.
- Participants do not need to be affiliated with Santa Clara University.
- There are no restrictions on what kind of businesses will be considered, as long as the business is based in California and deemed by evaluators to be viable.
- The 6-month program is held mostly on weekends.
CAPE alumni have launched “low tech” business ranging from gourmet hot dogs to elder care as well as more technology-driven enterprises like engineering consulting, mobile apps for retailers and online gaming.
The participants have access to more than 150 mentors and experts from the Leavey School of Business and the business world. Over six months, they work together to refine their business plans. The program culminates with a business plan competition where cash prizes are awarded.
CAPE’s 2014 program runs from June through October. The application is available at this link http://cms01.scu.edu/business/cie/CAPE-Application.cfm. Applications are due May 31, 2014.