The Beaverton Startup Challenge is currently accepting applications from for-profit, early-stage growth businesses with ambition and potential to succeed! Each winning startup will receive a total value of $25,000 including cash, a year in-residence at the Oregon Technology Business Center (OTBC), on-site mentoring assistance and support through periodic investor meetings.
Applicant teams must have at least two members, with at least one person working on the startup full time. Teams should be beyond the idea stage, completed a significant amount of customer need validation and have a good sense of potential market opportunity. Applicants may be self-funded, grant-funded, investor funded or some combination of these sources.
The City of Beaverton, the West Side Startup Fund and OTBC launched the Startup Challenge in 2015. Twenty-five winning companies have been selected since the 2015 launch and over the last five years, challenge winners have raised more than $20 million in funding, hired 100+ employees and substantially grown revenue.
Applications are due by Thursday, Oct. 1. Winners will be selected in early December. Still not convinced? Hear directly from previous challenge winners at https://otbc.org/companies/.
For more information about the challenge, please visit www.otbc.org/BeavertonChallenge or contact Steve Morris at email@example.com.