Application Period Open February 6-March 6, 2017 via Gust.com
BEND, Ore. – February 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 first application period for entrepreneurs to apply for investment on Gust.com from February 6 through March 6, 2017.
The Fund anticipates additional application rounds in the coming months and 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 2017, LLC is the fourth year-round fund based in Central Oregon managed by Harrelson Group. The Fund’s mission is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity in Oregon. The Fund’s profile on Gust.com includes additional information regarding its purpose, mission and goals. Since 2014, Cascade Angels Fund has committed almost $2M in 13 companies, all of which are still in operation and cumulatively employ over 100 people.
“The continued focus of Cascade Angels is to generate returns for investors, while also generating a return for the community through the impact of job creation and economic diversity,” said Julie Harrelson, Fund Manager for Cascade Angels.
Julie Harrelson, CEO, Harrelson Group, Fund Manager, Cascade Angels is an entrepreneur, investor and leader in Oregon’s startup community. She has navigated multiple executive roles in design, technology and angel investing. In 2013, Julie co-founded Cascade Angels Fund in Bend with a group of entrepreneurs and investors.
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 committed almost $2M in 13 early stage companies that cumulatively employ over 100 people. For more information, visit www.CascadeAngels.com or www.twitter.com/CascadeAngels.
Natalie Dent, Consultant
Investor and Entrepreneur Relations