Portland Ten Expands Programs Nationally, Restructures Local Initiatives
Portland, OR (January 20, 2011) Portland, OR – Portland Ten, the region’s leading entrepreneur development organization, is expanding in response to regional and national requests to license the Portland Ten brand and program models for developing high-performance entrepreneurs and startup ecosystems, and is restructuring local programming to accommodate this demand. Pilot programs are currently in development with other cities in the Northwest and will be announced in the coming months.
Changes to Local Programs & Initiatives
At this time, Portland Ten is continuing to offer services to individual entrepreneurs and small business owners in the Greater Portland region, while limiting engagement in community initiatives and startup ecosystem development in Portland. Currently existing community programs in Portland are being phased out, and the Portland Ten staff is working with the team and community to make a smooth transition.
For Portland Ten alumni who are in the 15-months post-program phase, there will be no changes. The monthly alumni group will continue to meet and the alumni internal mailing list and network will also continue to be available.
The following community programs and partnerships will no longer be available in Portland at this time:
- Founders’ Coffee
- Founders’ Guide
- Skill Development Workshops
- Sponsorship Program
- Scholarship Program
- Community Socials
- Community Partnerships
Portland Ten will re-evaluate the feasibility of re-engaging community initiatives and ecosystem development within the Greater Portland region after completing this transition, later in 2011.
The Sprint and Portland Ten programs are continuing to be offered by P10 staff on an individual and group advising basis, with the next groups beginning on January 24th. Limited space is available in these 2 mentoring groups, with a pre-training Winter Bootcamp on Saturday, January 22nd, 1-4:30 pm at the Portland Ten office, 215 NW Park Ave. For more information, please contact Jennie Kalberer, email@example.com.
The Portland Ten programs and alumni have earned early success, with more than $6 million in revenue and funding to the Greater Portland region over the past 2 years. Program alumni and ShopIgniter.com founder Alan Wizemann secured a $3 million round of funding for his social media/eCommerce startup, and has surpassed the $1MM in 18 months goal within 12 months of graduating. Two additional Portland Ten companies are hitting the $1MM in revenue milestone in the upcoming months.
Alumni have also been featured at OEN’s Tom Holce Awards, Venture Northwest, Portland Business Journal, New York Times, and CNN Headline News. Numerous other participants, from tech startups, nonprofits, consulting firms, interactive agencies, and small businesses, have generated revenue, secured new clients, added cofounders, and accelerated their growth through participation in the programs.
“The Portland Ten experience was rigorous, highly-customized and result-producing,” said ShopIgniter.com founder and Portland Ten alumni Alan Wizemann. “The individual attention and expert advice were key to ShopIgniter securing market success and funding.”
“From our overall product management strategy to how we manage our email and calendars, Portland Ten has played a role in almost every area of growth and change at Orchestra. I have dual degrees in Entrepreneurship and Business Management, and I still learned more about how to "run" a growing business in 12 weeks of Portland Ten,” said Orchestra Team founder Brad Windecker.
“Since finishing Portland Ten, Orchestra has hired multiple employees in Portland and has seen exponential growth in revenue and profit. Orchestra would not be the high-growth software company we are today, without the influence of the team at Portland Ten.”
Portland Community Celebration: Thursday, January 27, 5:30—7:30 pm
Portland Ten is excited about this growth and the opportunities ahead, and thanks all who have been a part of the Portland Ten team and community for the continued support. Community members are encouraged to attend a special event to celebrate accomplishments from the first 2 years of operations, on the evening of Thursday, January 27, 2011, 5:30-7:30 pm at the Portland Ten office, 215 NW Park Avenue, Portland, OR.
About Portland Ten
Portland Ten is an entrepreneurial development organization which develops and deploys programming designed to create business success for both individual entrepreneurs and regional startup ecosystems. Since its founding in 2009 by Director Carolynn Duncan, Portland Ten has seen successes including ShopIgniter’s exceeding $1MM within 18 months and $3MM venture capital funding, a $35,000 grant and pilot project with Portland Development Commission, 40+ alumni successfully completing the Portland Ten and Sprint programs, working with 100+ startups in the Checkups, and Skill Development programs, and being featured in Entrepreneur.com, SiliconFlorist.com, Oregon Business Magazine, Portland Monthly Magazine, TEDx Portland, and more.
Portland Ten can be followed on Twitter: @PortlandTen, and its website: www.portlandten.com.