A Louisville-based investment company is providing an opportunity for local startups to win $100,000.
The Render Competition, now in its third year, was started by the regional firm Render Capital, to make funding more accessible to local early-stage startups.
Out of the 300 companies from around the world who applied for the competition in 2021, Michael Detmer and Jaspal Singh's companies were among the chosen eight.
Detmer, whose company is based in Louisville, says while he had hope, he was never set on winning. Singh, however, says he knew his Colorado-based company was going to make it to the finals.
While their confidence entering the competition was different, what they got out of it was the same.
This includes the $100,000, which Render Capital's managing director says is more like winning $1 million when you add up the perks that position these companies to grow.
“Whether that's access to mentors, mental health resources, other products or software’s and tools to help their businesses grow,” said Patrick Henshaw.
About Render Capital
Render Capital is an investment firm focused on unlocking capital for entrepreneurs in Louisville and Southern Indiana. We work to support the very best startups in our region with the right capital for their business. We want to establish the greater Louisville region as a national leader in innovation, entrepreneurship and creative capital essential for our collective success. Learn more at http://render.capital.