March 18th, 2009

You may have already won a quarter of a million dollars


Money in OregonNo, this isn’t some spammy email. It could prove to be true for startups in the Silicon Forest if everything goes right.

And it all begins with a very simple question: What could you accomplish with $250,000, this year? That’s what the folks at Portland-based Nedspace are asking, this Thursday.

Why? Because you may actually have the chance to get your hands on those funds.

Most importantly, though, the goal of this event is to prove to the State of Oregon that there are enough jobs, compelling ideas and entrepreneurs to warrant an immediate investment of $100,000,000 for start ups that want to hire local talent.

We are working to raise a $100M fund that makes small investments in Oregon-based companies who hire Oregon-based employees. Now, in 2009. Not next year or some point in the future. In growing these new startups, we are investing in innovation, creating jobs and building Oregon’s brand with innovators and entrepreneurs.

Oh, so now that question seems a lot more interesting, doesn’t it?

The event is a combined effort of Capybara Ventures, NW Technology Ventures, NedSpace, Oregon Angel Fund, Oregon Entrepreneurs Network, Reference Capital, Software Association of Oregon and Starve Ups. It will be held Thursday evening at Nedspace—right next door to the Lotus on SW 3rd.

If you would like to participate—and just between you and me, I think you should—be prepared to answer the following questions:

  • Could your company hire $250,000 worth of Oregon-based talent in 2009 to get it to the next level?
  • What could your company achieve during 2009 with a $250,000 investment?
  • How many new jobs would be created if 400 new Oregon startups were funded?
  • How would you like to see $100,000,000 invested in Oregon startups?

For more information or to RSVP, see “Startup Now: What Would Your Startup Do With $250,000 in 2009?

[UPDATE]

Can’t make the event? They’ve set up a live stream.

Free video chat by Ustream

(Photo courtesy mashmal. Used under Creative Commons.)

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4 Responses to “You may have already won a quarter of a million dollars”

  1. Eric says:

    Would love to be a part of this and hire some Portland tech types. Looking forward to this event tomorrow and hopeful of what this means for Oregon’s growing startup community.

  2. [...] I’m leaning toward the latter. (And that’s what makes tonight’s Nedspace event especially well [...]

  3. [...] night, an endless volley of entrepreneurs and would-be startups stepped up to a mic at Nedspace and provided a 2-3 minute pitch on what they would do with $250,000 [...]

  4. [...] night, an endless volley of entrepreneurs and would-be startups stepped up to a mic at Nedspace and provided a 2-3 minute pitch on what they would do with $250,000 [...]


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