A field of 240 applicants for the Startup PDX Challenge is now down to 16 semi-finalist companies in Portland’s search for the best new members of our growing entrepreneurial community. Up to six startup businesses will receive a $10,000 working capital grant, a full year of rent-free office space in Portland’s Produce Row, and free professional advice and services. Many thanks to all who participated as applicants, sponsors, supporters and message-bearers, and best of luck to the semi-finalists.
The Challenge selection committee will now consider each semi-finalist’s application, personal interview, and the results of a public vote in determining the winners. Public voting ended Thursday, May 9. Thanks to all of you for your input and support!
We will publicly announce the final winners of the Challenge on Wednesday, May 29, although winners may be notified earlier. The move in date into the Startup PDX Challenge space is slated for late June and will include a welcome/ meet and greet event.
We look forward to announcing the winners of the Startup PDX Challenge. Stay tuned!
The Startup PDX:Challenge is a new initiative designed to connect startups to all Portland has to offer; it’s Portland’s next step in the creation of community and value for startups. The Challenge will offer access to accelerator programs and other organizations in unique ways. The Challenge winners will co-locate in Portland’s Produce Row, a neighborhood where the entrepreneurial and DIY spirit thrives.
The startups who win the Challenge will get the nuts and bolts of what they need in a package valued at $40,000 per company:
- $10,000 working capital grant (no equity taken)
- free rent for one year
- free legal services
- free accounting services
- free hiring and HR services
- free memberships and access to six different organizations and programs that focus on entrepreneurs
Thank you to our sponsors:
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