Author Archives: Cameron Burns

Early Stage Finalists Advancing to BVC

Early Stage Finalists advancing to BVC

EDCO ANNOUNCES THE FIVE EARLY STAGE FINALISTS PRESENTING AT THE 17TH ANNUAL BEND VENTURE CONFERENCE OCTOBER 15-16

BEND, Ore. – September 25, 2020 – Economic Development for Central Oregon (EDCO) announced the top five Early Stage finalists advancing to the 17th Annual Bend Venture Conference (BVC) on Thursday, October 15 – Friday, October 16, 2020. These companies will compete for an investment of $30,000 from Portland Seed Fund.

Ten companies took the stage both virtually and in person to pitch during last night’s Central Oregon PubTalk. The Early Stage competition includes companies that have a great idea and are close to “proof of concept.” They are pre-revenue (or very early) and are in the process of testing their product in the market. The competition will take place the morning of Friday, October 16th.

Last night, Masa won the audience vote and received a $3,000 cash award, courtesy of Portland Seed Fund and Elevate Capital.

In alphabetical order, the five BVC Early Stage finalists that will compete at BVC are:

  1. ADHERE GEAR Tech Corp. (Portland, OR) – Deploying shared-use luggage and travel gear for passengers to create a safer and cleaner environment for their personal items.
  2. Cozera (Portland, OR) – Creating verified digital identities for remote & in-person identity verification to increase customer satisfaction and deter identity fraud, saving time and money.
  3. Masa (Portland, OR) – The first online farmers market, bringing farmers markets to people via an online marketplace (think Etsy for farmers).
  4. MustDeliver (Portland, OR) – A digital marketplace delivering industry-leading clarity, control & communication between shippers and drivers in the trucking business.
  5. YesOMS (Bend, OR) – A platform for merchants and brand owners to offer a superior user experience to their customers through their own branded mobile application.

Ticket Sales
Tickets to the 17th Annual Bend Venture Conference are on sale now and are available here.

BCV Title Sponsors

PubTalk Title Sponsors

PubTalk Title Sponsors: Columbia Band, Karnopp Petersen, Velox Systems, Providence Health Plan

About Bend Venture Conference (BVC)
The Bend Venture Conference is an annual celebration of entrepreneurship, innovation and connections. Now in its 17th year, BVC, is one of the largest angel conferences in the country. Over the past six years, more than $11 million has been invested in 38 companies as a result of the conference. This year’s conference will take place both in-person in Bend, Oregon, and virtually online on October 15-16, 2020, gathering entrepreneurs, investors and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

Press Contact
Elise Rossman
Director of Marketing and Communications, EDCO
541.388.3236 x6
elise@edcoinfo.com

GROW: BASX Solutions Expansion in Redmond

BASX solutions breaking ground

BASX Solutions is an industry leader in the design and manufacturing of high-efficiency data center cooling solutionscleanroom systems, custom HVAC solutions, and more. Headquartered in Redmond since 2014, BASX has customers across the U.S. and around the globeThey recently broke ground on a new 75,000 square foot building expansion, allowing the company to consolidate its operations while substantially increasing their manufacturing capacity.  

Their new expansion will give BASX approximately 200,000 square feet of manufacturing space in Redmond while bringing additional jobs to what is already one of the city’s largest employers, nearly doubling their employee count once their facilities are operational and fully staffed. 

Early on in their decision process, BASX had a strong desire to locate their facility in Central OregonDuring their initial planning stages in 2012, Redmond stood out as a city that values and supports business and manufacturing operations. From early conversations with the City of Redmond, Redmond Economic Development, Inc. (REDI) and the Redmond Chamber of Commerce, it was clear to BASX how the different entities work together as a collective group to support local business growth. The ability for these entities to work together seamlessly allows BASX to focus on delivering their products to these critical industries. 

“From our initial startup days through our expansion today, it is refreshing to work with organizations like EDCO, the Redmond Chamber and the City of Redmond. These groups have worked side by side with our team to get us where we are today and have been an asset to our growing business. They are prime examples of organizations focused on supporting sustainable business growth and helping develop a stronger community for years to come!”

Matt TobolskiPresident and Founder, BASX Solutions 

START: Riff Cold Brewed

Riff Arm in Arm

Riff Cold Brewed was born from a mission to produce the world’s most delicious cold brewed coffee. Serial entrepreneur Paul Evers (also behind Bend staple Crux Fermentation Project), along with a crew of other Central Oregonians, started Riff in late 2017. They opened a bottling and production facility in Redmond, along with the first-of-its-kind Cold Brew Taproom in Bend.

Riff is a great example of how economic development programs are poised to help companies grow. From the beginning, they worked with Redmond Economic Development (REDI) to utilize different tax incentive programs, while connecting with other community resources to help the company position itself to grow more efficiently. In October 2019, Riff presented and won funding at the Bend Venture Conference (BVC), the largest angel conference in the West.

With innovation at its core, Riff has taken the craft brewing sensibility to create the next great variation in energy drinks. The funding they received from BVC allowed them to further develop their latest product, Alter Ego, a natural plant-based energy drink brewed from coffee’s little-known fruity pulp that surrounds the bean, a traditionally wasted byproduct of coffee.

 

Riff alt logo

 

BVC Virtual and Live Tickets Now on Sale

2019 BVC Winners

THE 2020 BEND VENTURE CONFERENCE RETURNS OCTOBER 15-16

TICKETS ON SALE NOW, INCLUDING BOTH IN-PERSON AND VIRTUAL OPTIONS

 

BEND, OR (August 31, 2020) – Economic Development for Central Oregon (EDCO) will host the 17th Annual Bend Venture Conference (BVC) on Thursday, October 15 – Friday, October 16, 2020, both in-person and virtually. Tickets for the 17th Annual Bend Venture Conference are on sale now.

For the safety of those attending, the in-person conference will be spread out across multiple locations in Downtown Bend to allow for proper social distancing. Further details involving exact locations, speakers and agenda will be announced in the coming weeks.

BVC will also be live-streamed, expanding the reach of the conference outside of Bend’s physical borders, allowing for more people to participate in the event.

The Bend Venture Conference is once again featuring three competition categories: Growth Stage, Impact and Early Stage. Over 80 companies from across the United States applied to present at this year’s conference. The due diligence process is underway, which will determine the companies that make it to the Tower Theatre stage, with semi-finalist and finalist announcements being released leading up to the event.

This celebration of entrepreneurship will showcase inspiring companies while bringing in educational opportunities and speakers from across the country utilizing a mix of in-person and virtual programming. For updates on the event, visit bendvc.com.

About Bend Venture Conference (BVC)
The Bend Venture Conference is an annual celebration of entrepreneurship, innovation and connections. Now in its 17th year, BVC, is one of the largest angel conferences in the country. Over the past six years, more than $11 million has been invested in 38 companies as a result of the conference. This year’s conference will take place both in-person in Bend, Oregon, and virtually online on October 15-16, 2020, gathering entrepreneurs, investors and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

BIPOC & FEMALE FOUNDER SCHOLARSHIPS AVAILABLE

BEND VENTURE APPLICATIONS OPEN THROUGH AUGUST 13TH
BIPOC & FEMALE FOUNDER SCHOLARSHIPS AVAILABLE

BEND, OR (July 30, 2020) – Applications to the 2020 Bend Venture Conference are due in just two weeks. Companies can start their application at any time, but must be completed by Thursday, August 13th.

Portland Seed Fund has committed an investment award of at least $30,000* to the company that wins the Early Stage competition. This is the largest amount of funding ever committed to this stage.

In addition to the investment award, Portland Seed Fund is BVC’s 2020 Early Stage Access Sponsor, providing scholarships and coaching for BIPOC companies to apply to the Early Stage competition. These scholarships are available to companies with at least one founder that identifies as BIPOC (Black, Indigenous, People of Color) where the application fee is a barrier to participating in the conference. For more details, click here.

Elevate / TiE Oregon are the 2020 Impact Access Sponsors, providing scholarships for both BIPOC and Female Founder companies to apply to the Impact Competition. For more information, click here.

The 2020 conference will be held both in person and virtually, with opportunities for company presentations in both formats, as travel and health restrictions allow.

In the last six years, BVC has awarded over $11 million in investments, awards and prizes. Follow-on investments into companies that won at BVC will soon surpass $700 million. This premier regional event attracts top funds, entrepreneurs, investors, and business leaders each year.

To apply to the conference, click here.

*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.

About Bend Venture Conference (BVC)
Now in its 17th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past six years, more than $11 million has been invested in 38 companies as a result of the conference. This year’s conference will take place both in person in Bend, Oregon, and virtually online on October 15-16, 2020, gathering entrepreneurs, investors, and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

2020 Bend Venture Conference Applications Now Open

Bend Venture Conference EDCO Team

THE BEND VENTURE CONFERENCE RETURNS OCTOBER 15-16, 2020 | COMPANY APPLICATIONS OPEN NOW THRU AUGUST 13TH

BEND, OR (July 14, 2020) – Economic Development for Central Oregon (EDCO) will again host the annual Bend Venture Conference (BVC) on Thursday, October 15 – Friday, October 16, 2020, in downtown Bend and virtually online. Ticketing, speaker announcements and event details for the 17th Annual Bend Venture Conference will be announced in the coming months.

Over the past six years, investments, awards and prizes upwards of $11 million were awarded to 38 companies as a result of the conference. BVC is a yearly celebration of entrepreneurship and innovation, connecting investors, companies and business leaders.

“It’s important now more than ever to get funding into the hands of small businesses,” said Brian Vierra, EDCO’s Venture Catalyst. “The Bend Venture Conference continues to bring together inspiring companies and multiple prestigious funds. While this year’s conference may look a little different than in year’s past, the reason we continue to push forward has not changed. BVC has helped create over 1,100 jobs since its inception and companies that have won funding at BVC have received nearly $700 million additional dollars in follow-on investments.”

Growth Stage Competition finalists could collect an investment of $250,000 or more. Companies in the Impact Competition have historically competed for investments ranging from $50,000-$100,000. Companies in the Early Stage competition could receive and investment of $25,000 or more. 2020 BVC will feature impressive speakers from across the country representing angel investors, venture capitalists and entrepreneurs.

APPLY

This year’s conference will feature three competition categories: Growth Stage, Impact and Early Stage. The application period is open now through Thursday, August 13th and companies across the United States are invited to apply.

  • Growth Stage Competition: This category is open to companies that have a proven concept, have generated initial revenues and are prepared to scale quickly with investment. To apply, click here.
  • Impact Competition: This category is open to for-profit companies, whose business models are integrated with a mission to have a significant and measurable social or environmental impact. Applicants should be aiming to generate long-term enterprise value and attractive returns on capital. To apply, click here.
  • Early Stage Competition: This category is open to companies that have a great idea and are close to “proof of concept.” They are pre-revenue (or very early-revenue) and are in the process of testing their product in the market. To apply, click here.

We continue to monitor COVID-19 guidelines and precautions and will announce more details on both the in-person and digital options available to both attendees and presenters.

About Bend Venture Conference (BVC)
Now in its 17th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past six years, more than $11 million has been invested in 38 companies as a result of the conference. This year’s conference will take place both in person in Bend, Oregon, and virtually online on October 15-16, 2020, gathering entrepreneurs, investors, and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com