The Capital Forge League (CFL) operates exclusively as a 501(c)(3) educational and charitable nonprofit. These rules safeguard our tax-exempt status, ensure a clear separation between our competition programs and capital formation, and maintain the highest integrity in our game-based environment.
We function strictly as a tax-exempt educational entity. We are not a broker-dealer, funding portal, or investment adviser, and we neither host nor facilitate securities offerings. All capital formation must occur independently through StateCF.com or authorized third-party intermediaries.
CFL runs a season-based competition where teams advance through campus, regional, and national stages based on objective scoring criteria. Public votes and expert evaluations measure educational impact and venture progress—they have no financial implications and do not allocate ownership interests or economic rights.
Rankings, awards, and public sentiment expressed via our platform are components of our educational curriculum. They do not constitute investment advice or recommendations to purchase securities in any venture.
The Cord is a symbolic, prize-based championship award recognizing competitive excellence. It is not an investment contract, security, or equity instrument. While Cord winners may seek capital independently via StateCF.com, the award itself is strictly for recognition and nonprofit-funded prize grants.
Ventures seeking capital must engage exclusively through StateCF.com or licensed intermediaries under Florida's Invest Local Act. CFL does not structure, market, or negotiate terms for any securities offerings.
Donor contributions support our core charitable mission: education, mentorship, and prize pools. Donors receive no equity or financial returns from competing ventures. Grants are awarded by an independent committee based solely on innovation, traction, and community impact.
Officers and board members must disclose potential conflicts of interest and recuse themselves from scoring or grant decisions involving affiliated ventures. Our formal policies ensure strict institutional separation from all capital-raising activities.
The premier CFL honor, signaling competitive mastery and readiness for compliant capital formation.
The Cord is our championship trophy, awarded to the top-performing venture at the end of each season. Winning The Cord signifies exceptional team cohesion, innovative impact, and operational readiness. Winners receive automatic promotion to StateCF.com to initiate formal, compliant capital formation.
Beyond The Cord, we distribute nonprofit-funded prizes and grants based on traction, innovation, and community value. These awards are distributed by an independent committee and are entirely independent of investor returns or equity ownership, funded solely by our donors and sponsors.