The 2016 BVC Winner: Hubb
A record ten companies received funding at the 2016 Bend Venture Conference and the big winner was Hubb, a SaaS platform for event management based out of Vancouver, Wash. They received four checks totaling $2,515,000. The complete list of winners can be found HERE.
2016 BVC Winner Update
The BVC, LLC Fund
The Bend Venture Conference, LLC is a private investment vehicle established annually to help finance the most promising business startups emerging from the event each year. Participation in the fund is by invitation only, limited to accredited investors. In 2016, the fund raised over $240K and allocated $140K to Hubb and $100K to RFPIO. In 2016, a second LLC, the BVC Social Impact LLC was established. In its first year, the fund raised over $100K and allocated $50K to Hemex Health and $50K to OpConnect. (An additional $3.56 million in funds were committed to finalists from other institutional and private sources).
* 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.
2017 BVC, LLC Fund Manager, Jason M. Moyer
Jason M. Moyer has earned 20+ years of relevant professional experience, attaining senior roles in executive management (e.g., President, COO, CFO, etc.), strategy development, business planning, corporate finance, and M&A. His exposure ranges from building startups to improving Fortune 500 organizations, including tenure with Intel Corporation, PacifiCorp, Planar Systems, Inc., and ReliaStar Financial Corp. During the past eleven years, he’s led Cascadian Group, a respected venture development firm.
All considered, Moyer has been instrumental in collectively securing several hundred million dollars in diversely structured angel, bank, venture capital, and private equity financing commitments as a founder, officer, and/or board member. He holds a BS in Management plus an MBA.
2017 BVC Social Impact, LLC Fund Manager, Ryan Andrews
Ryan Andrews is the Fund Manager for the 2017 BVC Social Impact Fund. He has witnessed in the marketplace, and truly believes, companies with a core environmental and social impact will exhibit a persistent competitive advantage and create greater value for all stakeholders in the long term. Andrews brings 13 years of experience in finance, entrepreneurship, and investment management to the Fund Manager role. Currently, Andrews is a Partner at Trueline Capital where he manages a real estate investment fund and he is the author of Thoughtful Investor (thoughtfulinvestor.co), an a serial publication of letters on investing, economics, and finance.
Prior, Andrews was a partner at Cascade Financial Strategies, a boutique investment management firm focused on Socially Responsible Investing. He also spent three years acting as a consultant and interim-CFO for several early stage companies in the technology, apparel, food/nutrition, and consumer products categories. Andrews has worked with several companies that are B-Corporations or that specialize in social impact products and business models. He continues to consult with interesting companies on an ad-hoc basis.
Andrews spent four years on Pacific Investment Management Company’s (PIMCO) Foundations & Endowments team where he saw first hand the shift of institutional assets to Socially Responsible Investments that aligned with organizational values. He was introduced to the idea of social impact investing early in his career through spending time abroad working in micro-finance in East Africa. He has a degree in Finance from Cal Poly San Luis Obispo. Andrews is 34 years old and is an avid outdoorsman, athlete, husband, and father.
EDCO’s Venture Catalyst, Brian Vierra
Economic Development for Central Oregon’s (EDCO) Venture Catalyst program was proposed in 2006 by local business leaders Dan Hobin and Nori Juba and championed by U.S. Senator Ron Wyden. With Wyden’s help, a $232,750 federal appropriations grant was secured in late 2009 for a three-year pilot program to boost the creation of new scalable traded-sector businesses in Central Oregon. Brian Vierra is EDCO’s current Venture Catalyst.
The Venture Catalyst helps promising, scalable young companies through active coaching and guidance. A ‘Stable of Experts’ database extends that activity by pairing early stage companies with local volunteer technical, legal, financial, managerial and other talent.