And that’s a wrap! We closed the doors for submissions to the 1ST50K competition and had a great response.
We are pleased to report that we have received 169 qualified applications from companies in 28 US States and 23 countries. The initial pool was nearly 200 before the Codefi team narrowed the pool through prescreening and interviews. This is the largest qualified pool ever received!
The goal of the 1ST50K competition is to award each winning company $50,000 non-dilutive seed funds to help launch and grow their tech company right here in Paducah!
Thank you to everyone who participated. Our selection committee is reviewing applications now and we will bring you news in the near future about the applicants selected.