Sponsored by George Fox University
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

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

Understanding Oregon medical marijuana dispensary tenants

News
Friday, June 13, 2014
061314 thumb grassrentBY CLIFF HOCKLEY | OB GUEST BLOGGER

This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


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