Portland Seed Fund (PSF) is Back as #PDXSW Sponsor!

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Portland Seed FundWe are pleased to announce Portland Seed Fund’s (PSF) continuing support of #PDXSW as our newest sponsor! PSF is a longtime supporter of PDXSW, providing financial support and mentoring over past events.

PSF finds and surrounds the most promising seed-stage companies with capital, mentoring and contacts to nurture economic growth in Oregon. The fund selects entrepreneurs with a great idea and passion and grit to see it through. They invest in classes of 6-9 entrepreneurs at a time, start them with an initial $25,000 investment, and see what they can do in 90 days. They surround them with mentors, subject matter experts and a peer group of entrepreneurs that understand their challenges and share their successes.

PSF was established in 2010, beginning with a $500,000 grant from the Portland Development Commission. As of January 2012, the fund had raised $3 million from government backed entities and private investors. It is managed by Bridge City Ventures, which does business as Portland Seed Fund.

Three PDXSW companies/entrepreneurs are now part of PSF’s portfolio: Audioname, Superbly, and Good Works Now. PSF’s third class, now in-progress, concludes with a “Demo Day” on December 5th. For more information about PSF, including an informative video FAQs about their application process, check them out at: PortlandSeedFund.com, on Facebook and via Twitter (@pdxseedfund).

Thank you PSF for your support! We value your involvement!