Bike lock inventors win 50K prize, moving operations to Cape Girardeau | SEMissourian

Headlines are quick hits from media outlets from Missouri and around the world. Follow the headline link for the full story. The source of this headline says:

After their bike parts were stolen when they were students at the University of Southern California, the two invented a bike lock that drew praise from cyclists and trade publications FastCompany and Bike Rumor, setting things in motion. A crowdfunding campaign that yielded $60,000 meant no turning back. Encouraged by the interest, Atighehchi and Ahdoot entered the 1ST50K competition, made it to the final round, and prevailed. . . .

The competition is a win for the Californian pair, but it is also a win for our community. As per guidelines, companies receiving investment awards must put operations in Cape Girardeau. We look forward to seeing the handprint of the California-based company on our city as the pair hits the ground running -- or biking as may be the case. They will receive Codefi's assistance as they do so.

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