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The Cade Prize began in 2010 as a Florida-focused innovation prize aimed at celebrating creative and supporting early-stage inventors and entrepreneurs.
Over the years, it grew in scope and reputation, drawing applications from many industries and from a growing number of states and in 2023, it became a national prize.
To date, the Cade Prize has awarded nearly 1M to equip early-stage inventors and entrepreneurs in their business ventures.
Dr. Cade was a professor of renal medicine at the University of Florida. In 1965, he found a solution to a real problem: football players collapsing on the University of Florida’s practice field from heat exhaustion and dehydration.
Dr. Cade and his team tested a sports drink that replaced electrolytes lost through sweat, and Gatorade was born!
But taking an idea – like Gatorade – and moving it beyond the lab and into the marketplace can take years of effort and significant resources. Capital is needed to help secure patents, licensing, manufacturing, distribution, and marketing.
Without foundational financial support, many startups like Gatorade would have remained just a lab experiment. That’s the motivation behind the Cade Prize.
The Cade Prize first began as a Florida-based competition in 2010 and in 2023, the prize went national! We now accept applications from anywhere in the United States. If you've got an idea that could be a game changer, we'd love to hear from you.
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