Portland Seed Fund plans second edition

Portland Seed Fund plans second edition

The Portland Seed Fund is planning to launch a second, larger edition in the fall.

Plans call for the second Seed Fund to launch this fall with at least $4.5 million in additional backing, including $750,000 from the state-run Oregon Growth Account and the balance from private investors.

The Seed Fund's first iteration emerged in 2011 with $3.2 million, most of that public dollars. It was an experiment in using taxpayer money to kick start what had been a tepid entrepreneurial climate.

Two years later, the picture has changed considerably.

Read more at OregonLive.com.

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