Privacy Policy

Privacy policies. They’re long, cumbersome, hard to read, and are generally ignored by the public at large. But, we’ve gotta have it, and since you’re here, we at 1ST50K want to be as transparent as possible regarding the information collected by this website (http://www.1st50k.org/). So, let’s get through this as quickly and plainly as possible, shall we?

Contact Form

There’s a contact form at the bottom of the 1ST50K website homepage where users can submit the following:

  • Name
  • Email address
  • A message

1ST50K will use the name and email address provided to respond to any questions or comments left in the message. If we’re feeling conscientious and our memory is good, we may also send other resources to the email address provided, if we think the resources would be helpful or otherwise worthwhile to a particular party. However, this is the extent to which this information will be used, and it will not be shared with any other parties without the expressed consent of the information provider.

Google Analytics and Google Tag Manager

The 1ST50K website uses Google Analytics and Google Tag Manager to collect tracking and reporting information on our website traffic. This information is used solely to analyze from where and when the website receives traffic, and how we can adjust our marketing efforts to improve traffic. No personally identifiable information is collected by Google Analytics, and this information will not be shared with any other parties. However, if you do not wish for your data to be used by Google Analytics, we recommend using the Google Analytics Opt-out Browser Add-on.

F6S

1ST50K uses the F6S website to collect information on startups participating in the 1ST50K Lean Startup Competition. F6S collects the following information on startups entering the competition:

  • Name
  • Location
  • Description
  • Phone number
  • Website
  • Founder details
  • Contact information
  • Business overview

1ST50K uses this information to analyze competing startups, provide feedback and assistance, and select finalists. 1ST50K may also use select portions of the submitted info in marketing messaging, such as the number of countries represented by the 1ST50K Startup Competition. Competition finalists’ information is subject to use in media coverage of the competition, as well as in marketing and scheduling information for 1ST50K Pitch Day. This information-sharing is not intended to be objectionable or have any negative impact on the competing startups.

Security

We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Links

This web site contains links to other sites. Please be aware that we are not responsible for the content or privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of any other site that collects personally identifiable information.

If you feel that we are not abiding by this privacy policy, or wish for your information to be removed from our records, contact us via email at director@codefiworks.com.

What Do You Get?

The Competition Committee makes yearly investment recommendations to Traverse Ventures, a local venture capital fund focused on formative stage ventures. With the support of the Missouri Technology Corporation, 1ST50K makes $50,000 cash grants available to the most promising applicants in the competition.

Recipients receive award packages including a variety of business development support services, membership at Codefi, formal introductions and access to a broad network of successful entrepreneurs along with the $50,000 grant.

Recipients are also provided access to venture capital and angel investment networks, professional and high level business mentorship, personal introductions to strategic business leaders, social support and community integration services, and inclusion as part of a community of innovative entrepreneurs.

Well-positioned participants in the competition may also be eligible for immediate or follow-on equity or debt investments from Traverse Ventures and other strategic private investors.

×
Who Should Apply?

1ST50K is looking for innovative technologies, products, or services, driven by scalable business models with regional, national or international impact. We seek to attract entrepreneurs who are already located in Cape Girardeau OR are willing to relocate here.

Basing your business in Cape Girardeau is a prerequisite for receiving a grant. Our network of entrepreneurs, partners and business leaders are investing their time and resources in making the Cape Girardeau startup scene even stronger.

1ST50K Startup Competition is an industry-agnostic competition. Our focus is on supporting businesses that are innovative and scalable, regardless of the industry.

×
How Does it Work?

Teams submit their applications to the f6s 1ST50K page. Applications must be completed fully and teams must agree to locate to Cape Girardeau for at least one year if selected as a grant recipient to be eligible.

Eligible applications are entered into a round where the initial reviewing is completed by three to five of our judges. The pool is narrowed for Skype/phone interviews and from there down to a group that is selected by our competition committee to be invited to Pitch Day.

The Committee bases their decisions on the innovation of the product, technology, or service; product-market fit; the scalability of the business model; the total impact; qualities and coach ability of the team; well-understood and defined problem; and 1ST50K impact.

Finalists are invited to personally pitch their startups to the Competition Committee. Teams are asked to attend Marquette TechFest to showcase their startups and then Pitch Day is the next day at the end of Marquette TechWeek.

The pitches are slide deck presentations to a group of 10-15 individuals, closed to the public. Each applicant will have 30 minutes in total – 10 minute pitch and 20 minutes of Q&A.

The committee deliberates, completes their due diligence, and award winners are typically announced within two weeks. Applicants not selected as awardees from one round may use the feedback they have received to reapply for the next.

×
Submit Your Application

Your Name (required)

Your Email (required)

Business Name

Short Description

Business Model

×