Author Archives: EDCO

Third Annual Civil War Rally and Auction Returns November 9th

EDCO AND BOYS & GIRLS CLUBS TEAM UP FOR THIRD ANNUAL
CIVIL WAR RALLY & AUCTION NOVEMBER 9TH AT THE RIVERHOUSE
TO BENEFIT ECONOMIC PROSPERITY IN CENTRAL OREGON

Early Bird Tickets Available Now Thru Oct. 1

BEND, OR (September 14, 2017) – Just two weeks before the Ducks and Beavers face off in Eugene, Economic Development for Central Oregon (EDCO) and Boys & Girls Clubs of Bend (BGCB) will team up again to host the Third Annual Civil War Rally & Auction at the Riverhouse on the Deschutes. On Thursday, November 9, 2017, from 5-9 pm, the rally will bring business leaders, parents, community members, and alumni together in friendly rivalry to support BGCB’s youth development programs as well as Central Oregon’s long-term economic health and prosperity.

Early bird tickets and tables are on sale now at a discounted price until October 1, 2017. After October 1, prices will rise to their normal rate, so don’t miss this opportunity! Civil War Rally is a night of fun, friendly rivalry and free child care, sure to bring together even the staunchest of opponents.

“This event, now in its third year, has been a wonderful addition to the community by bringing together EDCO and Boys & Girls Clubs of Bend, raising $186,000 last year for economic prosperity in our region,” said Roger Lee, CEO of EDCO. “This year’s event is sure to continue to raise the bar for a great cause.”

The partnership is a natural one for these two like-minded organizations. Both non-profits believe that successful economic development begins with healthy families and kids. Together, they form a strong partnership that fulfills the promise of a thriving community. Boys & Girls Clubs of Bend’s youth development programs ensure that the economic opportunities EDCO creates today will be met by the emerging workforce of tomorrow.

“We are excited to be entering into our 3rd year with the Civil War Rally,” said Amanda Gow, Executive Director of Boys & Girls Clubs of Bend. “This event is critical to the success of Boys & Girls Clubs of Bend and helps keep our programs thriving. Without our local supporters we wouldn’t be able to offer our services and support to the families and young people who need us. We are thrilled to be partnering with EDCO and look forward to seeing everyone on November 9th!”

The Civil War Rally isn’t your ordinary auction. The Riverhouse on the Deschutes will be transformed into a stadium, complete with the energy and excitement of the Civil War football game. Event highlights include:

  • More than 150 silent and live auction items
  • Gourmet tailgating menu and beverages
  • Kid’s Rally, including free entertainment and on-site childcare
  • On field announcers featuring Lonnie & Meg from 1077 The Beat and Shanan Kelly of the Night Light Show
  • Mobile bidding, allowing attendees to track bids and set max bids from their mobile devices, will be available prior to the big night
  • Referee auctioneer

The Civil War Rally & Auction will be held on Thursday, November 9, 2017, from 5-9 pm at the Riverhouse on the Deschutes in Bend. For more information, visit www.civilwarrally.com. To purchase tickets, click here.

About the Partnership
Successful economic development creates a strong base of middle-class jobs and a diverse, stable economy. It also begins with healthy families and kids who have the support they need to secure careers and pursue their education. Together, Economic Development for Central Oregon (EDCO) and the Boys & Girls Clubs of Bend (BGCB) form a natural partnership that fulfills this promise of a thriving community.

The BGCB provides parents with quality, affordable youth development programs after school and all summer long so they can go to work confident their kids are in a safe positive and caring environment where they can learn and grow. Boys & Girls Clubs’ academic success and career readiness programs are preparing the next generation for higher education as well as the nation’s workforce. It is a long-term investment and one that ensures the economic opportunities EDCO creates today will be met by the emerging workforce of tomorrow.

About the Boys & Girls Clubs of Bend
The Boys & Girls Clubs of Bend (BGCB) seeks to enable and inspire all young people, especially those who need it most, to reach their full potential as productive, caring, responsible citizens. At their two locations, the Boys & Girls Clubs of Bend offers youth ages 5-18 life-changing programs, focusing on Academic Success, Healthy Lifestyles and Character & Citizenship. For more information, visit www.bgcbend.org.

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. For more information, visit www.edcoinfo.com.

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

Shawn Manon
Marketing & Stewardship Director, Boys & Girls Club of Bend
541.617.2877 x5
smanon@bgcbend.org

Laird Superfood To Open New Facility in Sisters

Laird Superfood New Sisters Facility
Paul Hodge, Co-Owner of Laird Superfood, accepting a forgivable loan check with (L-R) Sisters City Council President Nancy Connolly, EDCO Sisters Director Caprielle Lewis, and Sisters City Councilor Andrea Blum (photo by Nicole Abbenhuis)

 

SISTERS, OR (June 27, 2017) – Earlier this month, Paul Hodge, Co-Owner of Laird Superfood, accepted a forgivable loan check from the City of Sisters to help build a new production facility in town. Working with the City of Sisters, EDCO’s Caprielle Lewis helped Laird Superfood secure the forgivable loan, which was essential in locating the company in Sisters.

“Caprielle Lewis at EDCO was instrumental in keeping our business in Sisters,” noted Hodge. “Capi did this by finding and connecting us with key employees, finding available land to build our new facility, helping us secure a forgivable loan with the city to fund expansion, and lead us through tax incentives, among many other things.”

Hodge continued, “EDCO went above and beyond the call of duty in support of our business, which was the determining factor in building our business in Central Oregon.”

With groundbreaking slated for later this summer, Laird Superfood is expecting to produce their nutrient-dense superfoods in the new facility by the end of 2017.

Laird Superfood currently has 15 employees including the recent addition of four new key hires: Chief Marketing Officer, Customer Service Manager, FDA Quality Control and Compliance Manager, and Purchasing Manager, two of which were direct referrals from Lewis who helped bridge the employer/employee gap. A full workforce of approximately 45 employees is expected by next summer.

Laird Superfood was founded by serial entrepreneur Paul Hodge and Laird Hamilton, the world-renowned big-wave surfer. The company creates clean, nutrient-dense products free of preservatives and chemicals, which currently includes coffee, coffee creamer, and other performance/superfood supplements.

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.

Bend Tops Outside Magazine’s 25 Best Towns of 2017

Outside Magazine Best Town 2017

What locals have already known is now confirmed by one of the largest magazines in the U.S. Outside Magazine featured Bend on the cover of their July Issue revealing The 25 Best Towns of 2017, their biggest best-towns list ever.

Outside Magazine put together a special advisory council to nominate places across the country “that are great for kids, have drool-worthy food and drink scenes, are welcoming to people of any background, and have all the bike lanes and singletrack you could possibly want.”

From Mt. Bachelor’s winter expansion to Smith Rock’s world-class climbing and the region’s miles upon miles of single-track, it’s a no-brainer to see why Bend is home to nearly 80 outdoor-related companies, both established and start-ups.

Bend couple and founder of Picky Bars, Lauren Fleshman and Jesse Thomas are featured on the cover.

Here are the official stats:

Bend, Oregon: Best Multi-Sport Town

  • Population: 90,000
  • Median home value: $271,000
  • Median household income: $53,000
  • Council says: “There are a ton of great craft breweries. It’s one of the country’s better scenes.” —Ron Jeffries

For the entire article, and to hear what other great things Outside Magazine has to say about Bend, click here.

EDCO HIRES RYAN CULP AS SUNRIVER/LA PINE AREA ECONOMIC DEVELOPMENT DIRECTOR

New Team Member

EDCO HIRES RYAN CULP AS SUNRIVER/LA PINE AREA
ECONOMIC DEVELOPMENT DIRECTOR

BEND, OR (June 19, 2017) – Economic Development for Central Oregon (EDCO) is pleased to welcome the addition of Ryan Culp as Sunriver/La Pine Area Economic Development Director.

In this role, Ryan is responsible for executing the plans and programs of business retention, expansion, and recruitment within the La Pine and Sunriver communities and assisting in the creation and retention of traded-sector employment in South Deschutes County. Additionally, Ryan will work with area leaders to assist in projects, initiatives and activities that directly or indirectly make the community an easy, cost effective and friendly place to do business.

Ryan hails from Mississippi, where he most recently worked as a Senior Project Manager for the Mississippi Development Authority, the economic equivalent of Business Oregon. In 2016 alone, he helped recruit nearly 1,000 jobs and $220 million in private investment to Mississippi, while guiding businesses ranging from startups to Fortune 500 companies on site selection, project financing, and workforce development.

“It’s not often we are able to hire team members with applied economic development experience,” noted Roger Lee, CEO of EDCO. “Ryan comes to us with invaluable recruitment knowledge and a track record of bringing together all the necessary elements of complex business development projects that will help him to make a difference in La Pine and Sunriver.”

Ryan holds a Bachelor of Business Administration in Marketing from Mississippi State University. An avid climber and outdoorsman, he and his wife recently relocated from Mississippi to Central Oregon. While initially attracted to the region’s natural beauty, his excitement about the economic potential of southern Deschutes County motivated their move to the Pacific Northwest.

“We’re fortunate to be able to recruit talent from across the country. This wouldn’t have been possible without the help from Karen Turner and the thorough staff at Express Employment Professionals, who continue to set the bar high in finding incredible talent,” said Chief Operations Officer, Erin Chaiet.

About 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. For more information, visit www.edcoinfo.com.

About Express Employment Professionals
Express Employment Professionals is an international franchise organization that is locally owned and operated by Connie Druliner. Express Employment Professionals has been providing Recruiting and Human Resource solutions to the Central Oregon community for over 30 years. Learn more at www.expresspros.com/bendor.

CASCADE ANGELS FUND INVITES EARLY STAGE COMPANIES TO APPLY FOR FUNDING

Third Application Period Open June 1-15, 2017 via Gust.com


BEND, Ore. – June 1, 2017 –
Entrepreneurs seeking investment capital have an opportunity to present their early stage businesses for growth to Cascade Angels. Cascade Angels Fund 2017, LLC (“Cascade Angels Fund 2017” or the “Fund”) has opened up its third application period, which runs from June 1-15, 2017. Entrepreneurs interested in applying can do so via Gust.com.

The Fund anticipates investing in 4-7 companies in 2017. Typical investments are made in early stage, Oregon-based companies from any industry. Investments are anticipated to range from $100,000 to $250,000.

Cascade Angels Fund is now in its fourth year. The Fund’s mission is to create regional opportunities for investors and businesses to drive economic growth and fuel prosperity. The Fund is managed by Julie Harrelson, an entrepreneur, investor and leader in Oregon’s startup community. She was recently named “Woman of the Year” by the Bend Chamber.

“We’ve had two application periods so far and are in the process of reviewing the deals in front of us. We welcome any company to check out our application process on Gust and apply for funding if they meet the criteria,” said Julie Harrelson, CEO of Harrelson Group Inc., Fund Manager for Cascade Angels. “Our focus continues to be on generating returns for investors, while also positively impacting job creation and economic development in our region.”

Cascade Angels Fund is sponsored by Jones & Roth, Karnopp Petersen LLP, US Bank, and Harrelson Group. 

*Membership in the Cascade Angels Fund 2017 is by referral and invitation only. Angel and venture investments involve a high degree of risk. Participation in the Cascade Angels Fund 2017 is limited to “accredited investors,” as defined by the general rules and regulations of the Securities Act of 1933 of the Securities and Exchange Commission AND to investors who have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of prospective investments.

 

This release is not an offer to sell or solicit investment in the Cascade Angels Fund 2017, its portfolio companies, or applying companies. The Cascade Angels Fund 2017 does not operate as a broker-dealer or investment adviser and is not registered as such with any federal or state securities regulator.

About Cascade Angels Fund

Founded in 2013, Cascade Angels is a professionally managed, investor driven venture fund that creates opportunities for investors and businesses with connections to Central Oregon to drive economic growth and fuel prosperity. The Fund’s investors include prominent business leaders, exited entrepreneurs and institutional investors who are committed to contributing to a sustainable economy and building Oregon’s entrepreneurial ecosystem. Since 2014, Cascade Angels Fund has invested nearly $2M in 13 early stage companies that cumulatively employ over 100 people. For more information, visit www.CascadeAngels.com, Gust.com or www.twitter.com/CascadeAngels.  

 

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We’re Hiring – Sunriver/La Pine Area Managing Director

**Application Process Now Closed**

Economic Development for Central Oregon (EDCO) works to build a stronger, more stable and diversified local economy.  We are currently looking for a Sunriver/La Pine Area Managing Director to execute the plans and programs of business retention/expansion and recruitment for projects within the La Pine and Sunriver areas. This position will assist in creating and retaining primary employment in the communities of South Deschutes County. This is an excellent chance to make an impact within the Central Oregon business community.

Want more information? The job description and application information are just a click away.

We’re Hiring – Director of Membership

Director of Membership Applications Being Accepted

Economic Development for Central Oregon (EDCO) works to build a stronger, more stable, and diversified local economy.  We are hiring our very first Director of Membership to actively develop our membership base. This role will be outward facing in the community in sharing how EDCO benefits our region as a whole. This is an excellent chance to make an impact within the Central Oregon business community.

 Want more information? The job description and how to apply are just a click away.

Oregon Entrepreneurs Network Announces 2017 Angel Oregon Semifinalists

RIPCLEAR, PIERCE FOOTWEAR, COLOR KITCHEN, OUTDOOR PROJECT
ALL SEMIFINALISTS IN OEN’S 2017 ANGEL OREGON PROGRAM
POTENTIAL TO RECEIVE OVER $200,000 IN FUNDING

BEND, OR (March 8, 2017) –  Out of 101 applications, three Bend-based companies and one Bend Venture Conference Winner have advanced through the next round of cuts in Oregon Entrepreneurs Network’s (OEN) 2017 Angel Oregon Program. These four semifinalists are part of an elite group of only ten companies in the Early Stage Semifinalists category.

Ripclear, Pierce Footwear, and Color Kitchen are all from Bend, and Outdoor Project took home a top prize during EDCO’s 2016 Bend Venture Conference. These four companies will compete for a spot to present at OEN’s Angel Oregon Showcase April 27th in Portland. The winner of the showcase has historically been awarded a prize worth over $200,000.

Additionally, cash prizes and loans for the top women and minority-owned businesses will be awarded at the event.

The finalists will be announced on or before March 23. Congratulations to all four companies still in the competition!

  • Pierce Footwear: “We re-invent the shoe.”
  • ColorKitchen: “Naturally vibrant food colors and artificial dye-free, plant-based, and non-GMO decorative kits for the health-conscious home-baker and bakeries.”
  • Ripclear: “Ripclear lens protectors are a patented thin film technology that protects eyewear lenses & meets ANSI Z87 military rated clarity. Screen protectors for lenses.”
  • Outdoor Project: “With 5.5 MILLION users and 700% year-over-year growth, the fastest growing website in the U.S. for outdoor recreation and travel.”


About Economic Development for Central Oregon (EDCO)
Economic Development for Central Oregon (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. For more information, visit www.edcoinfo.com.

About Bend Venture Conference
Bend Venture Conference, hosted by EDCO, is one of the largest angel conferences in the country. More than 500 attendees, six funds, 32 prominent investors, and 90 companies participated in 2016’s conference, where close to $4 million was awarded to 10 winners.
For Press Inquiries:
Elise Rossman
Director of Marketing and Communications, EDCO
541.388.3236 x6
elise@edcoinfo.com

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EDCO’S NEXT PUBTALK SET FOR MARCH 23 AT MCMENAMINS FEATURING TOM GONSER, FOUNDER OF DOCUSIGN

EDCO’S NEXT PUBTALK SET FOR MARCH 23 AT MCMENAMINS FEATURING TOM GONSER, FOUNDER OF DOCUSIGN

BEND, OR (March 1, 2017) – Economic Development for Central Oregon (EDCO) announced the speakers for the next PubTalk to be held Thursday, March 23, 5pm at McMenamins in Downtown Bend. Tickets are on sale now and available here.

EDCO’s Central Oregon PubTalk, held the fourth Thursday of the month, is a happy hour aimed at bringing together different facets of the business community in one place to network, share ideas and further local businesses. Where Beers and Business Collide!


Keynote Speakers:

DocuSign, Seven Peaks Ventures
Tom Gonser, founder of DocuSign and Partner at Seven Peaks Ventures, will be this month’s keynote, interviewed by his colleague Corey Schmid, Partner at Seven Peaks Ventures. Gonser founded DocuSign 13 years ago. As CEO and chief strategist, he navigated the company through explosive growth and hundreds of millions in funding, while turning the company into an industry leader.

Company Pitches:
The Water Kefir People
Jacinda Swan, CEO and Founder of The Water Kefir People, has been brewing and fermenting Water Kefir in Hawaii since 2015. She and her partner created a handcrafted dairy-free probiotic beverage line. Recently relocated from the Hawaiian island of Kauai, Swan is excited about the business climate and potential to expand the business in Bend.

Food4All
Kami Semick, Co-Founder & CEO, helped establish Food4All, a farm-to-table commerce and business management platform creating a dynamic online marketplace for selling, buying, distributing, and delivering local food. Food4All supports sustainable, healthy communities by making it easy to find and buy fresh food from local farms and artisan food producers. Simply browse the app, locate farms in your area and place an order for local products.

Company Update:

LeadMethod
Justin Johnson, CEO of LeadMethod, a software company helping sales teams and companies maximize leads. LeadMethod is a revolutionary software platform built specifically for companies selling through an outside channel of distributors and independent representatives, helping them automate the lead capture and distribution process, generate real-time feedback from their channel partners, and make data-driven decisions to increase sales.

Agenda
5:00 pm to 6:00 pm Networking – Drinks and appetizers
6:00 pm to 6:45 pm Company Presentations
6:45 pm to 7:30 pm Keynote Speaker Presentation

Cost and Registration 
$25 EDCO & OEN Members
$35 Non-Members
Cost includes appetizers and a free beverage (choice of beer, wine, or soda)

Questions?
Contact Economic Development for Central Oregon (EDCO): ereilly@edcoinfo.com or 541-388-3236 x3.

MILKEN INSTITUTE RELEASES NEW STUDY ON BEND-REDMOND MSA

MILKEN INSTITUTE RELEASES NEW STUDY ON THE BEND-REDMOND MSA
RECOGNIZING REGION’S SUCCESS, GROWTH

BEND, OR (February 27, 2017) – The Los Angeles-based Milken Institute released the findings to its most recent Best Performing Small Cities study, affirming the Bend-Redmond area as number one in the country. The Milken Institute has tracked and evaluated the success of metropolitan areas in its Best-Performing Cities index since 1999, highlighting urban regions that are outperforming their peers on key measures of economic health, including total employment and wage growth.

Led by economist Minoli Ratnatunga and a team of research analysts at the Institute, conclusions from their investigation included a list of nine “key findings” across a broad spectrum of factors. While some success factors were specific to the location (i.e. scenic beauty), several policies and strategies employed in the Bend-Redmond area could be implemented in similar regions across the country. The just released “Regional Performance Over Time” research aims to identify those elements.

“We really enjoyed learning more about the extremely collaborative approach the Bend-Redmond region continually takes towards development and think it bodes well for your economy,” stated Minoli Ratnatunga, Associate Director of Regional Economics Research at the Milken Institute. We hope that the lessons learned from Central Oregon will be of use to local decision-makers across the country.”

This past fall, Economic Development for Central Oregon (EDCO) helped Milken Institute researchers with introductions to individuals and organizations across the area that could provide perspectives and illuminate strategies and efforts to improve and diversify the economy.

“It was an honor to work with the Milken Institute economists, and to be selected for this study,” said Roger Lee, EDCO Executive Director. “We will be following their ongoing research about other places in the country from which we can learn and improve.”

For the complete study, click here.

About The Milken Institute

The Milken Institute is a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. They achieve this through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives. For more information, visit www.milkeninstitute.org.

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (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. For more information, visit www.edcoinfo.com.

For Press Inquiries:
Roger Lee
Executive Director, EDCO
541.388.3236 x1
roger@edcoinfo.com

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