< 1 min read . May 6, 2016
Comfable was selected as one of the five finalists for the annual N100 Startup Competition. Now in its 4th year, the N100, which is an abbreviation “Northumberland” and “$100,000”, is a competition that aims to put early-stage startups on a venture capital track by positioning them for follow-on investment. The N100 Startup Competition was developed by Northumberland Community Futures Development Corporation (CFDC).
Out of the set of all applications received, 10 Finalists were invited to make their pitch directly to the N100 Power Panel at the N100 Pitch Contest on May 5th. Comfable was one of the five companies moved it into the next stage of a business planning round. The final companies will make an investment proposal to the Northumberland CFDC Board of Directors for the opportunity for a $100,000 investment, “We’re proud we made it to the next level,” said Comfable CEO Neda Ghazi. “We’ve got a valuable insight and feedback from the N100 Power Panel and Northumberland CFDC Investment Committee.”