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

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

A Recipe for Success

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.


Read more...

True Blood

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

Antibiotics really aren’t magic bullets.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


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