It happened again, didn’t it? I know, I know. You were planning to do it. But you kept hitting snooze on the task. And then when you finally had a second to consider it, you realized that the deadline for applying for OEN Venture Northwest had passed. So sad. And you had “smart investment” written all over you.
For many entrepreneurs, convincing a venture capital group to fund their business is a dream come true. Not only do they gain capital, but they also get some validation that—contrary to what their families have been telling them—they may not be crazy.
But making those connections—even before the funding comes into the picture—can be difficult. Very difficult. That’s why there are any number of events that work to play matchmaker between startups and people looking to fund startups. And one of the most respected events for making those connections around here? That would be OEN Venture Northwest. And if you act fast, you could be one of the companies being introduced to those investors. Read More
Aside from being the first publicly recognized Portland economic development strategy in 15 years, it’s the first time that Portland has formally recognized the open source, mobile, coworking, and startup community.
Why is this so momentous? Well, aside from being the first publicly recognized economic strategy for Portland in 15 years, it’s the first time that Portland has formally recognized the open source, mobile, coworking, and startup community. And that’s a big step forward. As Eva Schweber says, we should be proud. Read More
Meyer Memorial Trust has awarded the Oregon Entrepreneurs Network (OEN) a grant, but it’s a matching funds grant. That means OEN’s money is contingent on one small thing: their ability to raise $50,000 by June 30.
If you’re a startup in the Portland area, you’ve probably come into contact with the Oregon Entrepreneurs Network (OEN). And if you haven’t, you should. The OEN is a non-profit organization focused on helping your startup make it through the initial phases of building a business. From helping first-time entrepreneurs learn the ropes to giving startups the opportunity to practice their pitches to helping seasoned entrepreneurs find funding through events like Angel Oregon, the OEN uses its available resources to ensure that Oregon has a healthy entrepreneurial scene.
But all of that could be in jeopardy if we don’t act quickly. Read More
I’m happy to report that GadgetTrak and WeoGeo have been selected for the final round of OEN Angel Oregon 2009 competition, “the nation’s premier investor/entrepreneur matchmaking event.”
That puts the two companies in the running for a first place prize of $150,000 or a second prize of $75,000.
For those of you who haven’t yet encountered these two cool Portland companies, GadgetTrak is “the company that turns your stolen electronic devices into a sentient Neighborhood Watch for nabbing thieves.” While WeoGeo “supplies surveyors, engineers, cartographers, and scientists with the ability to conveniently store, search, and exchange global mapping and geo-content.”
“The companies presenting at the conference represent some of the most innovative and creative companies from across the Northwest,” said John Hull, chair of the OEN Venture Northwest 2008 and managing director at OVP Venture Partners. “Some of these companies are seeking their first institutional venture financing while others have already received first rounds of capital from top-tier venture firms. In total, this list of companies represents well the broad spectrum of investment opportunities that flourish in our region”
Not only that, but I’m happy to report that there are some Web startups—and at least one open-source-focused company—on the list.
And four out of 14 isn’t bad.
So which of the Silicon Florist crowd got a nod to present?
OEN’s Venture Northwest is the premier forum for new and emerging investment opportunities in exciting companies from Oregon, Washington, and throughout the Pacific Northwest. This annual conference draws institutional investors and investment bankers from across the western US who are interested in the emerging companies that the Northwest has to offer. Companies that have presented at Venture Oregon have raised over $1.3 billion in venture capital since 1996 and over $68 million in angel investment.
This week on the Silicon Forest podcast, I’ve got the usual review and preview of all that’s happening in the Silicon Forest Web startup scene. With an added bonus. I took a few minutes to chat with Dave Howell, CEO of Vancouver-based Avatron, the company behind the uberpopular iPhone app Air Sharing.
“We know there are entrepreneurs in this community,” Cummings said. “What happens is they end up starting up their own little Yahoo groups, or they meet at coffeehouses, and they don’t realize there’s a lot of support out there, like the chamber, like the university. That’s what Smart-ups is all about — pulling all of these groups together.”
Sounds like a common problem. It will be interesting to see how Eugene goes about solving it. And I’ll be sure to keep track of what they’re doing.