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City of Cape Girardeau and business leaders support First 50K program

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CAPE GIRARDEAU, Mo. (KFVS) – A successful program that brought new technology companies to Cape Girardeau nearly got short-circuited.

The technology business development program known as Codefi has attracted new tech businesses to downtown since 2015 with its first 50-K grant program.

But, when state budget cuts put those grants in jeopardy…. city and business leaders quickly got on board.

”When I sat down with those entrepreneurs, I was blown away,” said City Councilman Robbie Guard.

Guard says they want Codefi to keep the tech talent coming.

When budget cuts threatened its first 50-K grant program, local organizations and businesses including Guard’s M-R-V Bank stepped in to help.

“When I looked at the dollars and cents of the jobs they are providing and high paying jobs in a technical field-this fits right into what Cape Girardeau needs and wants from an economical development,” Guard said.

First 50-K offers 50-thousand dollar grants to tech…

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