Home Must Reads Portland Seed Fund expected to reach $3M

Portland Seed Fund expected to reach $3M

| Print |  Email
Must Reads
Wednesday, January 11, 2012

The Portland Seed Fund is about to close on a financing round worth nearly $1 million, bringing the total investment to nearly $3 million.

 

The Portland Development Commission will vote this afternoon whether to approve a $200,000 grant to the fund, bringing its total investment in the experiment to nearly $750,000. 
The vote is largely a matter of procedure; the money has already been allocated. The state of Oregon, the city of Hillsboro and 21 area angel investors have also contributed to the fund to date, bringing its balance to nearly $3 million, said Angela Jackson, who manages it with Jim Huston through their investment firm Bridge City Ventures. 
The Portland Seed Fund invests $25,000 into a handful of promising startups and advises them for three months. Applications for its second class were due Monday, and fund managers will narrow down the finalists within weeks. Jackson declined to say how many startups applied.

Read more at OregonLive.com.

{biztweet}portland seed fund{/biztweet}

 

 

More Articles

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS