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Key Dates

How the BVC Competition Works

At BVC, there are three competition categories – Growth Stage, Early Stage and Social Impact,  with three to five finalists (companies) selected in each category.


GROWTH STAGE: Companies applying in the growth stage competition typically:

  • Have a proven concept
  • Have generated initial revenues
  • Are prepared to scale quickly with investment

Applicants can be located anywhere in the U.S. to apply or win. All applicants, regardless of whether or not they are a finalist, have the opportunity to receive feedback from the investor group. Growth Stage finalists could collect $250,000* or more.

EARLY STAGE: Companies applying in the early stage competition typically:

  • Have a great idea, and are close to “proof of concept”
  • Are pre, or very early, revenue
  • Are in the process of testing their product in the market

Applicants in this category must be located in Central Oregon to apply or win. The winner of this category could be awarded a $17,500* cash prize (courtesy of BendBroadband Business).

SOCIAL IMPACT: Companies applying in the Social Impact competition:

  • Are for profit enterprises that can be pre or post revenue, but are still early in the evolution of their business.
  • Have a social and/or environmental mission integrated into their business model such that it is a core competency and not an “add on.”

Applicants can be located anywhere in the U.S. to apply or win. All applicants, regardless of whether or not they are a finalist, have the opportunity to receive feedback from the investor group. The winner of this category could receive an investment of $25,000-$100,000, with $25,000 already committed (some of which are matching dollars).


Growth Stage Application Process

    • Apply to present at the BVC
    • Screening for finalists. Once all applications are received in Gust, BVC investors select five Growth Stage companies deemed to have the most feasible and compelling business plans.
  • Due diligence of finalists. After the five Growth Stage companies are notified of their selection to present, volunteers and investors from the BVC, LLC begin a comprehensive due diligence review that is completed during the six weeks leading up to the conference.  Investor leads will host a series of interviews and meetings with each company and report back strengths and weaknesses to the larger investing committee.  At the conference on October 20th, each Growth Stage company has ten minutes to present to the audience, followed by Q&A.

 Early Stage Application Process

  • Apply to present at the BVC
  • Upstart Day. UpStart Day, September 12th, is a fast-paced review of Early Stage company contenders, with feedback provided from a professional panel.  The strongest Early Stage Companies will become eligible to present at the September 28th PubTalk.
  • PubTalk Competition.  On September 28th Central Oregon PubTalk hosts a pitch competition to narrow down the Early Stage companies selected from Upstart Day. From that field, five Early Stage companies are chosen to go on to BVC by the PubTalk attendees.  At the conference on October 20th, the finalists have three minutes to pitch. The winner of the grant, sponsored by BendBroadband Business, is once again selected by audience vote.

Social Impact Application Process

    • Screening for finalists. Once all applications are received in Gust, BVC investors select three to five Social Impact companies deemed to have the most feasible and compelling business plans.
  • Due diligence of finalists. After the three to five Social Impact companies are notified of their selection to present, volunteers and investors from the BVC Social Impact, LLC begin a comprehensive due diligence review that is completed during the six weeks leading up to the conference.  Investor leads will host a series of interviews and meetings with each company and report back strengths and weaknesses to the larger investing committee.  At the conference on October 19th, each Social Impact company has ten minutes to present to the audience, followed by Q&A.

*Bend Venture Conference cannot guarantee that investments will be made in any specific amount, because the final amounts to be awarded are dependent on investment commitments received from third party investors and the ability of the winning companies and the investors to agree on the terms and conditions of the investment.

 

Past BVC Winners

Resources for Entrepreneurs