Fund welcomes applications
Cascade Angels Fund 2017 LLC has opened its first application period for the year.
Entrepreneurs can apply for investments starting Monday through March 6 at Gust.com, the fund announced in a press release.
The fund anticipates additional application rounds in the coming months and expects to invest in four to seven companies in 2017. Typical investments are made in early-stage, Oregon-based companies from any industry. Investment amounts range from $100,000 to $250,000.
Cascade Angels says its mission is to create opportunities for investors and businesses with connections to Central Oregon to drive economic growth.
The fund was founded in 2013 by Julie Harrelson with other entrepreneurs and investors. Since 2014, the fund has committed almost $2 million for 13 companies, all of which are still in operation and together employ more than 100 people.
— Bulletin staff report