As preparation for our Winter 2010 cycle of Portland Ten programs, we are pleased to announce new partnerships with Portland Development Commission, which is providing $35,000 in grant funding to support staff & operational costs for the Winter 2010 cycle of entrepreneur programs, as well as Willamette University, where Professor Robert E. Wiltbank and Portland Ten Director Carolynn Duncan will co-instruct and train 10 MBA students as junior venture analysts to administer Startup Checkups with local companies.
"PDC supports Portland Ten as an innovative way to help potential high-growth companies to increase direct revenues, attract investment capital and create high wage jobs for the local workforce," says Bruce Warner, PDC Executive Director. "This results-oriented initiative will assist in the fulfillment of the city’s economic development strategy goal of entrepreneurial development for the region’s high-growth, small and emerging businesses in software, apparel, manufacturing and clean tech."
"I have seen Portland Ten mature in a very short time while it simultaneously catapulted an initial cohort of new technology companies to their next level of growth," says Robert E. Wiltbank, PhD, Associate Professor of Strategy & Entrepreneurship at Willamette University. "I see the value of the initiative as a learning opportunity for my students, an accelerator for new businesses in Portland (and beyond), and a model initiative from which we - as educators, investors, and business and civic leaders - can learn."
These partners are joined by Portland Ten’s new Community Sponsors, including the Olsen Group, Davis, Wright, Tremaine, Stephenson Group, Amy Winkelman Consulting, and Jim McConnell, CFO, who make financial and/or in-kind contributions to Portland Ten’s new Perpetual Entrepreneurship Fund and Skill Development workshops in sales, legal, public relations, product management, financial forecasting, and more, with a full schedule of workshops to be released January 25th.
We also look forward to continued partnerships with NedSpace, which provides collaborative coworking space for startups, innovative technology companies, non-profits, artists and social entrepreneurs, and FundingUniverse, which produces CrowdPitch, a quarterly pitching event for entrepreneurs.
At this time, we’d like to thank all of our partners & sponsors, as well as the Portland startup community for the warm and enthusiastic welcome since our launch in February 2009. The participation from Portland Development Commission, Willamette University, and our Community Sponsors shows a tremendous commitment from these organizations to supporting our local entrepreneurs.
We also remain committed to further strengthening the startup, tech, investment, and business communities in the Portland, Oregon region, and look forward to our portfolio companies’ continued success in 2010.