Five businesses have been selected from a pool of 50 applicants as winners of the seventh annual Beaverton Startup Challenge sponsored by the Oregon Technology Business Center (OTBC), West Side Startup Fund angel investors and the city. 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 2022 Beaverton Startup Challenge are:
- CampsEZ – Makes it easy for parents to find and register for activities, camps, and sports for their kids (http://campsez.com)
- DIY Bar – Craft workshop meets bar concept that has pivoted to also selling kits to individuals & businesses for team-building (www.diybar.co)
- Howl at the Spoon – Wildly convenient artisan sauces made by hand in small batches for home, backpacking or travel (www.howlatthespoon.com)
- Khalsa Salsa – Combines bold Indian spices with classic fresh ingredients of Mexican salsa for a first-of-its-kind fusion (www.khalsasalsa.net)
- Sport Source – Connects coaches, athletes, trainers and families with spaces to play, move, train, or exercise (www.sport-source.com)
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. Each year since 2016, the challenge has been seeded by the city with a $50,000 grant. This year, investments by 18 local angel investors brought the total to over $150,000 for the 2022 challenge.
OTBC is a non-profit incubator that helps entrepreneurs start and succeed in Beaverton. Find out more at https://otbc.org/beaverton-challenge.