March 26th, 2013

Free is a very good price: Startup PDX: Challenge offers free rent and more to selected startups … but you have to hurry


Free is a very good price: Startup PDX: Challenge offers free rent and more to selected startups … but you have to hurry

When you’re trying to build a startup, every dollar counts. So what if you could land some cool office space and free services for your company? That would be huge, right? Well, you can if you’re selected for Startup PDX: Challenge.

But there’s a catch. You have to hurry. Applications close April 4, 2013.

What’s Startup PDX: Challenge, you ask?

The Startup PDX:Challenge is a new initiative designed to connect startups to all Portland has to offer; it’s Portland’s next step in the creation of community and value for startups. The Challenge will offer access to accelerator programs and other organizations in unique ways. The Challenge winners will co-locate in Portland’s Produce Row, a neighborhood where the entrepreneurial and DIY spirit thrives.

So what about the free stuff? Well, you get about $40,000 for free. Come again? That’s right. Free rent for a year, free legal services, free accounting services, free hiring and HR services, free membership to several professional organizations… free free free.

But wait. There’s more.

You also get a $10,000 grant. No equity exchanged. Just some capital to get your venture off the ground.

And it’s all courtesy of the Portland Development Commission (PDC) as part of their Produce Row project on the central eastside of Portland.

So what are you waiting for? Apply for the Startup PDX: Challenge today. Or before April 4, at the very least.

For more information, visit Startup PDX: Challenge.

And of course, thanks to Portland institution Tom Peterson for the headline inspiration.

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3 Responses to “Free is a very good price: Startup PDX: Challenge offers free rent and more to selected startups … but you have to hurry”

  1. M. Edward Borasky (@znmeb) says:

    Ah, but do you get a *watch* with his picture on it?

  2. Rick Turoczy says:

    I’ll head down to City Liquidators and see if I can find a few. For you, Ed, I’ll even throw in a free flattop haircut.

  3. M. Edward Borasky (@znmeb) says:

    I don’t think *my* hair does flattop!


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