We are pleased to announce Portland Seed Fund’s (PSF) continuing support of #PDXSW. 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.
Several PDXSW companies/entrepreneurs are part of PSF’s portfolio: Audioname and Superbly (now Glider). PSF’s forth class is now in-progress. 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!