Popadelics, a company founded by husband and wife team Marilyn and Michael, has successfully carved a niche in the snack industry with their crunchy mushroom chips. Despite being a bootstrapped company, they have managed to grow their business to over 3000 stores by utilizing creative debt financing to fund their operations.
One key partnership that has played a crucial role in their growth is with Kickfurther, a company that offers inventory financing to help decrease the cashflow gap when producing orders for new distributors and retailers. This partnership has allowed Popadelics to scale their production and reach a wider audience without being constrained by financial limitations. Marilyn, who still works a full-time job, is dedicated to building and growing Popadelics into a successful and sustainable business.
As part of their ongoing commitment to supporting emerging businesses in the consumer packaged goods (CPG) industry, Kickfurther is hosting the CPGrow 2025 Pitch Competition. This competition offers participants the chance to win $250,000 in no-cost inventory funding, along with other grand prizes from partners. The submission deadline for the competition is January 31st, 2025, and interested parties can apply through the Kickfurther website.
In addition to the pitch competition, Foodbevy, an online community that connects emerging food, beverage, and CPG founders to valuable resources and partners, hosts the Startup to Scale podcast. This podcast features engaging conversations about building businesses that work best for entrepreneurs, providing insights and inspiration for aspiring business owners.
For those looking to join the Foodbevy community or become an industry partner, visiting Foodbevy.com offers a wealth of information on membership benefits and partnership opportunities. By becoming a member or partner, entrepreneurs can tap into a network of like-minded individuals and access resources to help grow their business and achieve their goals.
In conclusion, Popadelics exemplifies the entrepreneurial spirit and determination required to build a successful business from the ground up. Through strategic partnerships, creative financing solutions, and a commitment to growth and innovation, Marilyn and Michael have positioned Popadelics as a leader in the snack industry. The CPGrow 2025 Pitch Competition and the Startup to Scale podcast are just a few examples of the opportunities available to entrepreneurs looking to take their business to the next level. By leveraging these resources and staying true to their vision, aspiring business owners can achieve their goals and build a business that works best for them.