Marquette University
Press Release

Milwaukee home financing company wins social venture contest

Strong Blocks takes top prize at 2015 Good Money Challenge

By - Nov 19th, 2015 10:40 am

MILWAUKEE – Strong Blocks, a Milwaukee-based venture that helps families who cannot qualify for financing become homeowners through its 21-month rent-to-own program, was the winner of the 2015 Good Money Challenge. The challenge, organized by Marquette University and sponsored by Milwaukee-based Brady Corporation, focuses on innovative ideas that have a social or environmental impact.

Founder Carl Quindel, a Milwaukee native, launched the Strong Blocks initiative earlier in 2015. “We were honored to participate in this great event with so many passionate people working on critical problems facing our community,” he said. “We are hopeful this recognition will allow us to help even more Milwaukee families achieve homeownership, while reducing their housing costs through our 21-month rent-to-own program.”

“Strong Blocks solves a real problem in Milwaukee, and helps to promote homeownership and healthy sustainable communities block by block,” said Kelsey Otero, Marquette’s social innovation coordinator. “For the first time since launching the Good Money Challenge, the winning team is a Milwaukee-based company, which speaks volumes for the social innovation impact occurring right now in Wisconsin.”

Quindel took home $14,000 after pitching a panel of judges during a live session that involved 10 finalists from across the country. Other finalists earning distinction included:

  • Second place – Fresh Coast Capital, a Chicago company focused on large scale redevelopment of vacant properties.
  • Third place – Sammy Goodrich of Milwaukee-based Stage Right Theatre, for her venture that focuses on theatre and art stimulation for Alzheimer’s patients in senior care facilities.
  • Brady Audience Choice – Bee the Change, a leadership program that empowers homeless men and women to be “Beevangelists” certified in Beepods’ beekeeping, environmental education and dialogue facilitation in Milwaukee.

The 2015 Good Money Challenge was part of the Mayor’s Entrepreneur Week and highlighted entrepreneurs focused on social impact. Applications for the Good Money Challenge came in from around the world.

Press Releases by Marquette University

Marquette University

Kleefisch, Nygren go ‘On the Issues’ to discuss opioid abuse

Kleefisch and Nygren, both Republicans, are co-chairs of the Governor’s Task Force on Opioid Abuse.

Marquette University

CNBC television star Lemonis to launch new giving challenge with Marquette

Lemonis will donate up to $1.5 million of his own funds, matching gifts made by donors during the challenge with the goal of starting a student-run business program.

Marquette University

Marquette researchers find NFL rule decreases concussions, increases lower-body injuries

Hanson says the rule was well intentioned but ultimately harmful.

Marquette University

Milwaukee County Executive Abele goes ‘On the Issues’ at Marquette Law School

Abele says his focus is not on conflict but cooperation to address the county’s biggest problems, including persistent racial disparities.

Marquette University

Former Gehl Foods chief goes ‘On the Issues’ to discuss political reform and U.S. competitiveness

Gehl says the current political system has become dysfunctional, and its inability to address key issues hurts U.S. competitiveness.

Marquette University

Marquette Theatre presents Thornton Wilder’s ‘The Skin of Our Teeth’

The Skin of Our Teeth is a comedy that mixes satire, burlesque and farce.

See More Releases

Leave a Reply

Your email address will not be published. Required fields are marked *