Portland Seed Fund

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Overview

The Portland Seed Fund (PSF) was started to stimulate exceptional entrepreneurial growth in the Portland metro area and throughout Oregon. Bridge City Ventures, led by Fund Managers Jim Huston and Angela Jackson, was selected to manage PSF. Over the course of the two-year active PSF fund life, managers are tasked with implementing a proprietary, milestone-based system of capital and coaching, making 10-15 investments per year ($25,000 - $50,000 initial investment) in capital-efficient, highly-scalable businesses across a variety of industry sectors.

Mentorship Cycle

PSF will see selected companies through a 90-day cycle of mentoring and advising. These cycles will be done twice per year and will include 5-7 companies per cycle. The PSF strategy could be summarized as investing small, investing early, and quickly triaging non-performers. Follow-on investments could be available to the most promising companies. The target fund size is $3 million, with a minimum fund size of $2 million.

Fund Contributors

Fund contributors to date include the Portland Development Commission ($500,000), Oregon Growth Account ($750,000), City of Hillsboro / OEN Catalyst Fund ($250,000) and individual accredited investors.

External Links

http://portlandseedfund.com/