Bend gets ready to again welcome waves of angels and entrepreneurs

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As reported by Malia Spencer, Portland Business Journal – Jul 7, 2015

This year the Bend-based conference is slated for October 15-16.

The angel conference is hosted by economic development nonprofit EDCO (Economic Development of Central Oregon) and seeks early stage and growth stage startups.

In 2014, the event dolled out more than $1 million in investments and other awards and more than 400 people attended. Company’s were able to land investment from the conference as well as follow on investing from individuals and groups.

Events such as the Bend Venture Conference as well as groups such as Bend-based Seven Peaks Ventures and the Founders Pad accelerator are raising the profile of the city within not only the Oregon tech community but along the West Coast.

Last year, Amplion took home $250,000 and PoachedJobs received $100,000.

Awards are divided into Early Stage and Growth Stage categories. The early stage companies, which much be based in Central Oregon, compete for a roughly $15,000 cash prize sponsored by BendBroadband.

The growth stage companies compete for the money raised by the angel conference. At the conference, accredited investors pool their money and then decide on the winner. The final amount awarded isn’t known until all the money is gathered.

Organizers expect that this year’s pool will exceed the $350,000 raised last year. Growth Stage companies do not have to be based in Central Oregon to win.

Applications close Aug. 14.

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