November 15th, 2011

What’s happening at Portland State Business Accelerator? Join them for an open house on Wednesday to find out


What’s happening at Portland State Business Accelerator? Join them for an open house on Wednesday to find out

When it comes to accelerators and incubators in the Portland area, one of the most well established—but perhaps best kept secret—is the Portland State Business Accelerator, an accelerator established by Portland State University.

It’s hidden in a nebulous web of roads just east of the PSU campus. But if you can find it on Wednesday evening, you’ll get to see which interesting technology startups are housed there and what they’re doing.

Founded more than five years ago, the Portland State Business Accelerator has served more than 42 technology startup companies. These companies seek to develop and use an affiliation with PSU to grow their businesses and are part of an entrepreneurial community that share ideas and resources. The PSBA connects companies with business development coaching and advisors from the business community and PSU. Working with as many as twenty businesses at a time, the PSBA has “graduated” 84 percent of its tenant companies, most of which have remained in the Portland area, contributing to the local economy. With a success rate of 84 percent with primarily small or startup companies, the PSBA ranks well above the average 20 percent success rate of non-incubated companies.

So join the PSBA Wednesday, November 16, from 4PM to 7PM, for their company showcase. Food and drink will be provided. You’ll get to hear pitches from the companies currently using the space. And you’ll get to see what the 40,000 square feet of office space has to offer.

For more information, visit Portland State Business Accelerator

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