Five businesses have been selected from a pool of nearly 50 applicants as winners of the sixth annual Beaverton Startup Challenge sponsored by the Oregon Technology Business Center (OTBC), West Side Startup Fund angel investors and the City of Beaverton. The challenge seeks for-profit, early-stage growth businesses with the ambition and potential to scale in a national or international market.
The winners of the 2021 Beaverton Startup Challenge are:
Cocacao – Produces a decadent, chocolaty, healthy treat that is safe for most diets. (www.cocacao.com)
Toolr – Helps businesses with a mobile workforce like construction, agriculture and hospitality maximize efficiency through better time tracking and reporting. (www.mytoolr.com)
Regal Dreamzzz – Integrated, ergonomic system of pillow case and inserts that straps onto recliners and hospital beds and keeps the user’s head positioned upright while they sleep, mitigating head and neck pain. (www.regaldreamzzz.com)
Masa – Brings farmers markets to people via an online marketplace … think Etsy for farmers. (www.masafresh.com)
Cozera – Allows a business to issue persistent, privacy-preserving and portable digital identities to their customers. (www.cozera.io)
The goal is to help startups in Beaverton kick-start their business with each winner receiving at least $25,000 in a cash convertible-note investment, mentoring, office space and other services for one year at OTBC. Since 2016, the challenge has been funded by the city with a $50,000 grant to OTBC, which was then matched this year by almost 20 local angel investors.
OTBC is a nonprofit incubator that helps entrepreneurs start and succeed in Beaverton. For more information, visit www.otbc.org.