Tag Archives: BVC

THE BEND VENTURE CONFERENCE RETURNS OCTOBER 17-18

BVC Outside Tower Theatre

THE BEND VENTURE CONFERENCE RETURNS OCTOBER 17-18, 2019
CONFERENCE TICKETS ON SALE NOW
COMPANY APPLICATIONS OPEN NOW THRU AUGUST 15TH

BEND, OR (July 17, 2019) – Economic Development for Central Oregon (EDCO) will again host the annual two-day Bend Venture Conference (BVC), now in its 16th year, on Thursday, October 17 – Friday, October 18, 2018, at the iconic Tower Theatre in downtown Bend.

Tickets to the 16th Annual BVC are on sale now and are available here.

This year’s conference will feature three competition categories: Growth Stage, Early Stage, and Impact. The application period is open now through Thursday, August 15th 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.
  • 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.
  • 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.

Last year, 600 attendees, 50 prominent investors, and over 70 companies joined us for a celebration of entrepreneurship and innovation. Investments, awards, and prizes of approximately $2.35 million were given to multiple winners at the 2018 conference.

“The Bend Venture Conference has become a staple in the Pacific Northwest’s entrepreneurial community. What started as a one-day conference 16 years ago has matured into nearly a week of diverse entrepreneurial activity in Central Oregon. We’re excited to see how BVC grows this year, launching capital into businesses locally and nationally,” said Brian Vierra, EDCO’s Venture Catalyst.

Jason Moyer, Fund Manager for the 2019 BVC, LLC said, ““BVC has come a long way. We’re now syndicating with professional funds to invest meaningful sums in many of the region’s most promising ventures. Multiple exits and up-rounds suggest that our selection process is on the right track.”

Companies in the Impact Competition historically compete for investments ranging from $50,000-$100,000. This year’s Early Stage Competition has received a commitment from Portland Seed Fund to invest at least $25,000 into the winning company. Growth Stage Competition finalists could collect an investment of $250,000 or more. The 2019 BVC will feature impressive panelists and keynote speakers from across the country representing angel investors, venture capitalists, and entrepreneurs, to be announced at a later date.

About Bend Venture Conference (BVC)
Now in its 16th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 38 companies as a result of the conference. This year, over 600 entrepreneurs, investors, and business leaders are expected to attend the multi-day conference on October 17-18, in Bend, Oregon. For more information, visit www.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. For more information, visit www.edcoinfo.com.

Manzama Leading the Way in Legal Software

Manzama Leading the Way in Legal Software

BEND, Ore. (March 5, 2019) –  Peter Ozolin, CEO of Manzama, joined Economic Development for Central Oregon (EDCO) at the February Central Oregon PubTalk to deliver an update on the company’s recent exit. The 2010 Bend Venture Conference (BVC) winner was acquired by Diligent Corp., adding to the list of exits in the BVC portfolio. Ozolin stated that the acquisition provides a platform for Manzama to scale and grow.

Manzama’s software platform helps law firms search, classify and rank legal and industry-specific sources to make informed business decisions while supporting business development initiatives.

Read more here.

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 already located here to grow their operations.

Outdoor Project, 2016 BVC Winners, Awarded Additional $2M in Funding

Outdoor Project Logo

Outdoor Project Secures Series A Funding
— $2M investment will drive nationwide expansion —
— Oregon Angel Fund leads the round with Cascade Angels’ support —
— Company was awarded $150k as winners of 2016 Bend Venture Conference —

BEND, OR (February 23, 2017) – Local startup Outdoor Project—found online at outdoorproject.com—announced this week that it has secured a total of $2M in a Series A funding round. This past October, Outdoor Project was awarded $150,000 in funding as part of the Bend Venture Conference.

The most recent investment was led by Oregon Angel Fund, and includes Cascade Angels. Outdoor Project is Oregon Angel Fund’s first digital media investment and the second to be added to Cascade Angels’ portfolio. The round includes participation from other angel investors and industry veterans from the digital media and outdoor industries.

“When we first met with Outdoor Project, we were immediately impressed by their team. They are clearly very passionate and knowledgeable about the outdoors and have created a great way to share experiences with other passionate enthusiasts,” said Jon Maroney, a partner at Oregon Angel Fund.  “ OAF is very excited to be part of Outdoor Project’s adventure.”

Julie Harrelson, Fund Manager for Cascade Angels, added “we are pleased to be making this investment in Outdoor Project. Outdoor Project impressed our team with their growing track record of success over the past three years. This is our sixth and final investment for 2016 and we’re excited to be an integral part of their business.”

Tyson Gillard, Co-Founder and CEO at Outdoor Project commented, “Closing this funding round is tremendous validation for the quality work our contributors and team put into building the world’s greatest outdoor adventure guidebook. Great media, detailed maps and inspiring, complete content is a key piece to support an ever-growing movement for people, largely millennials and young families, to get outside. We’re excited to expand our content to the entire U.S. and key markets in Canada in 2017.”

Outdoor Project will use a portion of the funding to add five new hires to support its six person founding team. It will also bring on more adventurers to join its nearly 200 active contributors who provide the media and information used to build adventures on the website. The company will announce these key industry hires as well as new board members in the coming weeks.

Gillard concluded, “Building a successful digital media company requires a great team that understands how brands can leverage great content to connect with their target audience, and we’ve been fortunate to add some amazing industry insiders to the business.”

About Outdoor Project

Outdoor Project’s goal is to create the most comprehensive online resource and the largest community for outdoor adventure and travel, with a plan to revolutionize the way that people find, search for and share their outdoor experience. The website provides photos, maps, and guides for all types of human-powered outdoor activities. The content aims to inspire users to explore new places, head a little bit further down their favorite trails, and get outside more often to find adventure. Outdoor Project starts with exceptional photography and adventure videos, custom maps, and guides. A community of members completes the picture. Outdoor Project can be found at www.outdoorproject.com.

About Oregon Angel Fund

Founded in 2007, OAF is a community supported, professionally managed, investor driven venture capital fund backed by the leaders of Oregon’s business, technology, and entrepreneurial communities. The fund’s largest investors include the State of Oregon, the Oregon Community Foundation, and the Meyer Memorial Trust. OAF invests $10 million annually in the most promising startups and early-stage growth companies in Oregon and SW Washington. Over 2,200 jobs have been created by the over 40 companies in the portfolio. For more information please visit: www.OregonAngelFund.com

About Cascade Angels

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 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.

About the Bend Venture Conference
The Bend Venture Conference, hosted by Economic Development for Central Oregon, 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 12 winners.

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