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Two startups win $10,000 prize from Quincy Chamber

Two startups win $10,000 prize from Quincy Chamber

1 year, 8 months ago by Bob Gough

An anonymous donor matched the Chamber's initial offering

The Quincy Area Chamber of Commerce has given two $10,000 prizes to winners of a competition for start-up businesses.

Gem City Coffee and Golden Bridges will each receive $10,000 after an anonymous donor stepped forward with a second $10,000 prize. The Chamber announced in April it was giving $10,000 to a startup with the best business plan as determined by a panel of judges.

“At both levels of the competition, our judges were impressed with the quality and creativity of the submitted business plans,” said Terry Traeder, a Chamber board member who led the project. “Once the judges were deadlocked over the top two entries, the Chamber was authorized to disclose that an anonymous donor would come forward with an additional $10,000.”

Randy and Gretchen Wolfmeyer are starting Gem City Coffee as a coffee roaster that will offer premium coffees and espressos. The company uses precision roasting, flavor profiling and the blending of beans.

Gretchen Wolfmeyer says they will not have a retail location and they plan to start early next year.

“We’d like to offer our coffee wholesale to local businesses here,” she said. “We’ve talked to a number of local downtown restaurants and we’ll offer it at the local Farmers Market. We take the whole beans and grind them fresh every day.”

Golden Bridges will provide assistance to individuals and families in the area who have to help transition. They will operate primarily within a 100 mile radius of Quincy, but will work outside the area upon request.

Golden Bridges plans to provide counseling on living options, downsizing or relocating, estate planning and memorials. According to the 2010 census, there were 5,000 households in Quincy with at least one person 65 years old or older.

Suzanne Ellerbrock, Susan Scholz and Nancy Waters are the founders of Golden Bridges.

“All three of us had experiences dealing with elderly parents,” Ellerbrock said. “This will be a home-based business because it will be labor-intensive.”

Ellerbrock said Golden Bridges plans to open in April 2013.

The Chamber provided the business plan competition as part of its 125th Anniversary.  


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